IDWK International Displayworks

International DisplayWorks, Inc. ("IDW") (NASDAQ:IDWK) announced today that it has received initial purchase orders from a new customer, CK Telecomm Ltd, a leading mobile phone ODM and OEM manufacturer in China specializing in manufacturing, R&D, marketing and technical support services in the telecommunications industry. Production and shipments of TFT displays have commenced for one cell phone model and IDW is in development for additional color TFT programs. IDW expects to generate up to $7 million in revenues from this customer during the next several quarters subject to IDW's ability to continuously meet the customer's purchase order and quality requirements. CK Telecom was established in 2001 and is recognized as a leading Chinese manufacturer with total sales exceeding $100 million (USD) and annual capacity of over 5 million handsets. Current markets for the Company's phones include: China, Europe, Taiwan, Thailand and Russia. Tom Lacey, Chairman and Chief Executive Officer of International DisplayWorks, commented, "We are pleased to announce these TFT display purchase orders from CK Telecom, a new customer addition, which further compliments our existing OEM mobile handset customer base. We are optimistic given our close geographic proximity to CK Telecom, which is based in Shenzhen, and our expanding development efforts, that we can further expand this relationship going forward." 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.