IDWK International Displayworks

International DisplayWorks, Inc. ("IDW") (NASDAQ:IDWK), announced today that it has received an initial volume production order for TFT modules from a Tier-One Cell Phone Manufacturer. Initial shipments are expected to commence next week. Consistent with previous disclosures the minimum volume commitment remains unchanged. At the request of its customer, IDW has not disclosed the company's name or specific volumes. Tom Lacey, Chairman and Chief Executive Officer of International DisplayWorks commented, "We are obviously very pleased to have cleared all of the technical, business and factory-related requirements necessary to become an approved supplier and commence volume shipments to this very important customer. This is a significant accomplishment for the company. Our employees have been working diligently on this project for many months and I am extremely proud that their collective efforts have been rewarded. This order will enable us to leverage our existing fixed operating costs as we grow our revenue base." About International DisplayWorks International DisplayWorks, Inc. is a manufacturer and designer of high quality liquid crystal displays, modules and assemblies for a variety of customer needs including OEM applications. IDW operates 466,000 square feet of manufacturing facilities in the People's Republic of China (PRC). Sales offices are located in US, Europe, Hong Kong, Singapore, and China. Copies of IDW's 10-K and other documents as filed with the SEC are available through a link on our web site: www.idwk.com. NOTE: The foregoing is news relating to International DisplayWorks, Inc. ("IDW") and contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "expect" and similar expressions as they relate to IDW or its management, including without limitation, IDW and its subsidiaries, are intended to identify such forward-looking statements. IDW's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information the reader is referred to IDW's 10-K and other related documents filed with the Securities and Exchange Commission. This does not constitute an offer to buy or sell securities by the Company and is meant purely for informational purposes.