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FOR IMMEDIATE RELEASE

SID Receives $100 Thousand to Create Educational Endowment Fund

San Jose, California, June 17 - The Society for Information Display (SID), an international non-profit society devoted to the advancement of display technology, manufacturing, and applications, with headquarters in San Jose, announced today it has received a donation of $100,000 from a Japanese company. 

Larry F. Weber, Chair of SID's Honors and Awards Committee, said the donation, which was received on March 30, would be used to begin an Educational Endowment Fund. The fund's capital will be preserved, and the interest will be used for student scholarships, student research grants, faculty research grants, and curriculum development. A new SID committee will be established to supervise the fund, Weber said, and seek new donors, large and small. 

The donation was made by Semiconductor Energy Laboratory Co., Ltd. (SEL) of Kanagawa, Japan, and was formalized at a luncheon held during the recent SID Symposium in Seattle and attended by SEL president Shumpei Yamazaki, SID President Shigeo Mikoshiba, well-known LCD innovator Prof. Shunsuke Kobayashi, and Dr. Weber. 

SID President Mikoshiba said, "SID is the leading international technical society in the area of electronic information displays, and for some time we have wanted to do more to encourage displays education, research, and curriculum development. This generous donation will allow us to do that. By energetically encouraging additional donations to the SID Educational Endowment Fund, we hope to make a significant impact on display education, research, and curriculum development around the world." 

The Society for Information Display was founded in 1964 as a technical society consisting mostly of cathode-ray-tube designers in the California avionics industry. Its membership has now grown to 6000 professionals in the global display industry, located from Osaka to Eindhoven, from Stuttgart to Nanjing. The industry produces liquid-crystal displays (LCDs) for products from cell-phones to computer monitors and large-screen TVs, plasma display panels (PDPs) for public information displays and large-screen TVs, small imagers for front and rear projection displays, CRTs for monitors and television, and emerging display technologies such as organic light-emitting-diode (OLED) and flexible displays. The industry's sales are estimated to reach $66 billion this year, rising to $74 billion in 2005, according to market research firm DisplaySearch, making it one of the most rapidly growing segments of the electronics industry.

The Society for Information Display has its international headquarters at 610 South Second Street, San Jose, California 95112; website www.sid.org. For further information about the SID Educational Endowment Fund, including how to contribute to it, contact Larry F. Weber at larryweber@ieee.org.

 

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