Video Display Announces the Acquisition of JACO Display Solutions LLC

January 22, 2020

Video Display Corporation (OTC: VIDE), a leader in the supply of unique
medical, defense and industrial display solutions is pleased to announce the acquisition of the
assets and business operations of Jaco Display Solutions LLC, (Jaco) a provider of Rugged
LCDs, Touch Panels, Engineering Services, Optical Bonding and Repair & Replacement
Services to the display industry.

Effective with signing of the Asset Purchase Agreement by the parties on January 20, 2020,
Jaco Display Solutions is to be integrated into the operations of Video Display Corporation of
Cocoa, Florida for financial reporting purposes with the intent of also consolidating
manufacturing with the Video Display Corporation’s manufacturing operations at a future
unspecified date for economies of scale.

Based in Tampa, FL. Jaco Display Solutions is a premier supplier of LCD and Embedded
Solution needs. From its beginnings more than 50 years ago, Jaco has been transformed from
a broad line electronics component distributor to a technology leading provider of displays and
value-added integrated display solutions. The Company’s products and capabilities can be
viewed on the Company’s web site at: www.jacodisplays.com.

Video Display Corporation CEO, Ron Ordway, stated, “Adding the display engineering and
manufacturing capabilities of Jaco to the existing display product and services offered by Video
Display Corporation will increase our capabilities in several areas that VDC previously farmed
out to third party vendors and should provide opportunities for increased business and enhance
our bottom line as well.

Video Display Corporation designs, develops and manufactures unique solutions for display
requirements for military, medical and industrial use with emphasis on high end training and
simulation applications. Its product offerings include rugged direct-view and projection displays
as well as complete military, broadcast and video-wall sales, installation and support systems.
Its fast growing AYON CyberSecurity subsidiary is one of the largest suppliers of TEMPEST
qualified products for the US Govt. and defense department applications. Video Display
Corporation can be viewed at: www.videodisplay.com