AYON Visual Solution- (AVS) joins VDC- Display Systems

November 30, 2018

 

Video Display Corporation (OTC:VIDE) a world-class supplier of simulation solutions, display systems, displays, display components, as well as TEMPEST products and services is pleased to announce the consolidation of its AYON Visual Solutions (AVS) division into its VDC Display Systems subsidiary, located in Cocoa Florida. The Cocoa facility presently designs and installs display systems for the simulation and military markets.

Beginning December 2018, all engineering, distribution, and administrative functions will transition into VDC’s 40,000 square foot facility in Cocoa, Florida. Ron Ordway, CEO of VDC commented, “This consolidation of resources will strengthen our engineering and system design for all markets using all types of display technology to design video walls used in mission critical environments as well as corporate executive briefing centers that require strong engineering design and the know-how for all types of video wall applications using LED, LCD and projection technology.”

AVS was the exclusive USA distributor and partner for eyevis products and was very successful in getting eyevis branded in the USA for control rooms and video wall systems in the US and we will continue to support and sell the eyevis product line as a System Integrator into key US market segments.

John Balmforth, AVS Product Manager, stated, “Our customers should expect a seamless transition to the Cocoa facility. We will continue to fulfill all orders and market our broad array of products. I am confident that this move will make us a stronger company and also be well positioned for future growth.”

 

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions, including items discussed in the Company’s Form 10-K for the year ended February 28, 2018, filed with the Securities and Exchange Commission. The Company undertakes no duty to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.