VDC Awarded Multi-Year Contracts Totaling over $3.2M for Next Generation MMD Rugged Display Wall

Video Display Corporation (OTC:VIDE), a world-class supplier of rugged display products and systems,
simulation solutions, displays and display components, as well as TEMPEST products and services
today announced the award of multi-year contracts in excess of $3.2M for its next generation MMD
Rugged Display Wall.

The contracts totaling over $3.2M are for the qualification and delivery of VDC’s Next Generation
MMD Rugged Display Wall used by the US Navy and FMS on several ship platforms. Qualification will
begin in early 2023 with production deliveries scheduled for 2023 and 2024. All products will be built
and controlled under VDC’s certified ISO 9001:2015 Quality Control System in VDC’s corporate owned
facility located in Cocoa, FL.

VDC has been a key supplier to the US Navy for almost 30 years. VDC Display Systems designed and
qualified the first MMD system for use on Aegis Class ships in 2011 and has provided various displays
and display systems to the Navy and other military branches since 1992.

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, 2022, 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.

Contact:
Video Display Corporation, Atlanta
Ronald D. Ordway, 770-938-2080