TED Tannas Electronic Displays, Inc. ///

News Release, MAY 9, 2008, ORANGE, CALIFORNIA

Tannas Electronics Resolves Dispute; Will License Technology to Resize LCDs Worldwide

Orange, California, May 9, 2008 – Tannas Electronic Displays (TED; Orange, California; www.tannas.com) has settled its legal disputes with BAE Systems (BAE; London, UK; www.baesystems.com) concerning interfering patents and patent applications relating to the technology for resizing liquid-crystal displays (LCDs).

The resizing is accomplished by trimming a larger display to make a smaller one of arbitrary shape, and doing so in such a way that the resized LCD retains the operating characteristics of the original display. Commercially manufactured LCDs can be resized at a fraction of the cost of developing and producing a custom LCD for a low-volume application, such as avionics or military vehicles. The resized LCDs can be made for highly demanding applications. BAE qualified their resized LCDs for Harsh Military Environment.

As part of their settlement, BAE has licensed its patents related to the resizing of LCD glass to TED, and TED is authorized to sublicense these patents, which include patents in Austria, Germany, Spain, the UK, and the US, with additional patents pending in Canada, Israel, and Taiwan. All other terms of the agreement are confidential.

As a result of the settlement, TED is now offering licenses for resizing LCDs for worldwide sales under the trade mark TANNAS-SIZED™ LCD. The license package includes: 1) transfer of proprietary methods with training, 2) designs for proprietary tooling and machines, 3) rights to use TED intellectual property relating to the method for resizing of LCD glass, and 4) rights to use BAE Systems’ patents relating to the resizing of LCD glass via sublicense.

TED’s primary business plan is to serve the marketplace through licensees. Presently, TED has two Licensees: Symbolic Displays, Inc. (SDI), Santa Ana, CA; and SGB Enterprises, Inc., Valencia, CA. TED will continue to perform R & D and to produce and sell resized LCD glass from its facility in Orange, California.

The Need for Resized Displays

A resized LCD can be made to fit almost any application. The aerospace industry, prototype developers, and related high-tech industries often need displays in unique sizes – and frequently in small volumes. The commercial production of LCDs is highly capital-intensive and not amenable to small-volume production except in dedicated facilities at very high cost. By resizing commercially-manufactured LCDs, small volumes of displays with unique sizes can be made at one-tenth the cost of custom displays and with little or no NRE costs.

Resized LCDs can emulate custom-made LCDs and CRTs used, for instance, in simulators at a fraction of the cost of the original display. They can replace custom displays needing repair and even substitute for custom displays in new products where cost is an issue or where the custom size is no longer available.

There also exists a very large market for retrofitting older display technologies – such as plasma panels, electroluminescent displays, and CRT-based displays – that are no longer available at almost any cost. For example, LCDs resized to 7 x 23 inches have been made to replace P3 aircraft plasma panels; and LCDs resized to 7.2 x 7.2 inches have been made to repair Boeing 777 avionics initially using custom LCDs that are no longer available.

LCD technology keeps evolving, so the commercially manufactured LCDs of today out-perform custom LCD designs of only a few years ago. By using the proprietary processes now available from TED, the resizing process can be accomplished without altering the LCD’s original performance, thus permitting the building of new systems, and the upgrading and repair of older systems, that would not be possible otherwise, or possible only at much greater cost. ###

For additional information, contact:

Lawrence E. Tannas
Phone: 714.633.7874
E-mail: L.Tannas@Tannas.com Tannas Electronic Displays

1426 East Dana Place
Orange, California, 92866
Phone: 714.633.7874
Fax: 714.633.4174
Mobile: 714.342.7067
E-mail: L.Tannas@Tannas.com
www.Tannas.com