|Corning to collaborate with Perceptive Pixel and Chilin Solutions
CORNING, N.Y., June 07, 2012 – Corning Incorporated (NYSE: GLW) today announced its plans for InfoComm 2012 in Las Vegas, June 9 - 15. The Corning booth, # N2551 North Hall, will highlight Corning® Gorilla® Glass’ unique combination of beauty and toughness and its creation of exciting new possibilities for large-size displays – specifically for advanced multi-touch and digital signage products.
Corning will collaborate with Perceptive Pixel, the leading developer of advanced user interface solutions, to showcase Perceptive Pixel’s 55-inch advanced multi-touch LCD display featuring Corning Gorilla Glass. Commercially launched on June 6, the 55-inch projected capacitive flat-panel LCD display is the latest in Perceptive Pixel’s array of true multi-touch solutions to feature Corning Gorilla Glass. The display handles an unlimited number of touch points and works in concert with up to three active styluses for a fluid pen and touch experience. The unit is also optically bonded for near-zero parallax, eliminating the air gap that commonly causes inaccurate touches on other displays.
“Our 55-inch LCD joins our line of projected capacitive multi-touch displays that are optically bonded for a very natural and accurate touch experience,” said David Slobodin, vice president hardware engineering, Perceptive Pixel. “With Corning Gorilla Glass, we were able to develop a very thin and lightweight yet durable product without compromising Perceptive Pixel's unparalleled touch experience.”
Perceptive Pixel also will exhibit its newest display to feature Corning Gorilla Glass in its booth located at #N2227 North Hall.
Corning will also partner with Chilin Solutions, one of the world’s leading providers of innovative display solutions, to exhibit a 55-inch Professional Grade LED Edge-Lit LCD Outdoor Monitor. In addition, Chilin Solutions will showcase a 70-inch display featuring Corning Gorilla Glass in its InfoComm suite.
“Performance and durability are key to the outdoor signage environment,” said J.B. Daines, senior vice president, World Wide Sales, Chilin Solutions. “This is why we are pleased to demonstrate products with Corning Gorilla Glass that address the need for high-performance, thinner designs without compromising damage resistance.”
These advanced multi-touch and digital signage solutions are well-suited for the public display market, which is growing due to increased penetration into the retail, hospitality, transportation, government and defense, media and entertainment, and education industries.
NPD DisplaySearch projects a continued increase in production of large-size displays specifically for commercial use in its FPD Public Display Shipment and Forecast Report. Shipments of public displays – including digital signage – are projected to reach 3.1 million units in 2012, up 15 percent from 2011, with a forecasted 10-year compound annual growth rate of approximately 25 percent to reach 12 million units by 2018.
InfoComm attendees will have the opportunity to interact with the 55-inch displays from Perceptive Pixel and Chilin Solutions in Corning’s booth.
“We encourage companies interested in large-format displays to visit our exhibit,” said Dave Loeber, business director, Large Cover Glass, Corning. “We are pleased to collaborate with these industry leaders to demonstrate why Corning Gorilla Glass is an ideal cover glass. It’s tough enough to handle the conventional external surface pressures inherent to these devices, yet remarkably thin so our customers can create lighter displays that are optically clear and visually stunning.”
Corning Gorilla Glass is currently featured on more than 33 major brands and designed into more than 750 product models, resulting in more than 750 million units worldwide.
Further, Loeber will offer additional insights on large-format displays during the DisplaySearch Digital Signage Conference at InfoComm. He will present during the Digital Signage Supply Chain session at 9:40 a.m. PST, Tuesday, June 12. Loeber will review how Corning’s latest innovations in consumer electronics and flat panel display glass will help solve some of the current issues in the audio-visual and digital signage industries.
Forward-Looking and Cautionary Statements
This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.
About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 160 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy, and metrology.
About Perceptive Pixel
About Chilin Solutions
Perceptive Pixel is a recognized leader in interaction design, having pioneered the development of large-scale, unlimited multi-touch devices that came to prominence during the historic 2008 U.S. presidential elections. Perceptive Pixel’s advanced multi-touch technology platform enables professionals to get closer to their content, removing barriers to understanding, communication and collaboration. Perceptive Pixel is privately held and headquartered in New York. For more information, visit www.perceptivepixel.com.
Chilin Solutions designs, develops and delivers the world’s broadest range of digital display technology solutions to its industry-leading OEM brand customers. With solutions from commercial LCD monitors to mission-critical outdoor transit displays to the newest e-Paper displays, Chilin Solutions offers an unmatched portfolio of products and technologies. Based in Portland, Oregon, with design and manufacturing operations in Toronto, Canada, and Tainan, Taiwan, Chilin Solutions is one of the world’s leading providers of innovative display solutions. For more information, visit www.chilinsolutions.com.