MicroDisplay Corp. Appoints Christopher Norris as CEO

MicroDisplay Corp. Appoints Christopher Norris as CEO

SAN PABLO, Calif., Oct. 6 /PRNewswire/ -- MicroDisplay Corporation, the technology leader in Liquid Crystal on Silicon (LCoS) components, today announced that its board of directors has named Christopher Norris to serve as the company's chief executive officer.

Prior to joining MicroDisplay, Norris spent the last 10 years as a vice president and general manager of Cypress Semiconductor Corporation, most recently for the Consumer and Computation Division. Under Norris' lead, Cypress created and sold products for a diverse range of applications, from personal computers, gaming devices and media players, to networking equipment such as routers and switches.

John Malloy, MicroDisplay board member and partner at Blue Run Ventures, said that MicroDisplay's board selected Norris based on his track record for leading a complex organization, as well as his strong executive and personal qualities. "We are extremely pleased to have Chris join MicroDisplay," said Malloy. "As the market for LCoS components continues its rapid growth, it is critical to have a leader such as Chris, with the proven executive experience and capabilities to lead our transition into high volume manufacturing."

Andy Rappaport, board member and Partner at August Capital added, "MicroDisplay has already demonstrated its mastery of the silicon, optics and liquid crystal technologies needed to make high-quality, low-cost LCoS TV's a reality. With his experience and talent, Chris is exactly the kind of executive who can now lead the company to become a major force in the marketplace."

Norris expressed his enthusiasm for his new role. "I am excited to have the opportunity to work with such an energetic and talented team, with its proven track record of developing advanced LCoS components. I look forward to leading MicroDisplay as it expands its position as a leader in the High Definition Television (HDTV) component market."

About MicroDisplay Corporation

MicroDisplay Corporation is a fabless semiconductor company and a leading innovator in high-definition imaging components utilizing LCoS technology. The company's F-Series, single-panel, LCoS micro display, targeting the rear-projection HDTV market, is well positioned to deliver high-performance, mass-market HDTV components. Investors in MicroDisplay include BlueRun Ventures, August Capital, 2M Technology Ventures, Mobius Venture Capital and Softbank Asia Infrastructure Fund. For more information, visit the company's Web site at www.microdisplay.com

Source: MicroDisplay Corporation

CONTACT: Tara Bal, +1-510-226-6780, ext. 162, or tara.bal@e21mm.com, for MicroDisplay

Web site: http://www.microdisplay.com/

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