IDWK International Displayworks

International DisplayWorks, Inc. (IDW) (NASDAQ:IDWK), announced today that it has been awarded MP3 player related display business with SanDisk (SNDK). IDW has commenced shipments of monochrome based displays this week and expects to commence color display shipments in the next few months. Forecasted revenue over the next 12 months is expected to exceed $20 million. Tom Lacey, Chairman and Chief Executive Officer of International DisplayWorks, commented, "This is a significant accomplishment for IDW as it further demonstrates our ability to earn high-volume business from world class companies. It speaks to the overall quality of our team -- of which I am intensely proud. We are pleased to be working with a company of this caliber and look forward to a long and mutually beneficial relationship." 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. Specific to this release IDW's inability to meet SanDisk's purchase order and quality requirements, changes in market conditions for the product or other factors beyond IDW's control could result in a materially different revenue outcome. 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.