Welcome to Forth Dimension Displays

May 9, 2006

Forth Dimension Displays receives Red Herring 100 Europe Award

Dalgety Bay, Scotland. May 9, 2006

Forth Dimension Displays, an emerging microdisplay firm, has been named a winner of Red Herring Magazine's 100 Europe Award from a field of over 700 nominees.

Dr. Leslie G. Polgar, CEO, accepted the award at the Venture Market Europe 2006 Conference in Paris. According to Red Herring editor-in-chief Joel Dreyfuss, the award recognizes "the 100 most promising firms driving the future of technology in the EMEA region."

Polgar said, "Our company is honoured to receive this award. We know our technology is great, and this recognition shows that the investment community sees our bright future as a business."

Forth Dimension Displays develops and makes the world's only all-digital, high definition, single-chip, time-domain imagers.

"Our fast-switching liquid crystal displays already serve the most demanding segments, such as near-to-eye applications for military training and for medical/surgical systems. Now, we are taking this technology to consumer segments, such as large-screen HDTVs, immersive entertainment and portable devices," Polgar said.

"On a personal note," Polgar added, "as a Silicon Valley CEO of a Scottish firm, I regard this award as significant in demonstrating the importance such new ventures hold for Europe."

End of news release

Background Information

About Forth Dimension Displays - http://www.forthdd.com

Our Company

Forth Dimension Displays develops, manufactures and supplies the world's most advanced microdisplays using a proprietary, fast-switching liquid crystal technology.

The Company -- previously named CRLO Displays Ltd -- was formed in September 2004, funded by an "A" series round from Amadeus Capital Partners and Doughty Hanson Technology Ventures.

The Company is located in Dalgety Bay, Scotland across the River Forth from Edinburgh, with offices in Walnut Creek, California on the eastern side of Silicon Valley.

In Year 2005, 90% of ForthDD's rapidly-growing revenues were from products shipped overseas, mostly to North America and Asia.

Technology and its Advantages

ForthDD's proprietary, high-speed liquid crystal display and driver technology has major advantages in performance and cost.

Performance advantages: the technology is all digital. It processes images in the time domain (TDI) on a single chip, without RGB sub-pixels, separate RGB beams and optics, and without tilting mirrors.

This combination allows both amplitude and phase modulated imaging. It provides high native resolution, full 24-bit colour for showing high-speed motion. The technology is well-matched to the new LED and laser diode light sources.

Cost advantages: The single chip has no moving parts, so it is built using standard CMOS wafer processes. The absence of separate RGB light paths enables customers to use simpler, lower cost optics in their system integration.

A portfolio of more than seventy patents protects ForthDD's TDI^TM technology.

Applications, Market Segments and Products

Forth Dimension Displays has an established reputation as the leading supplier of premium, high native resolution microdisplays in training and simulation systems for military and aerospace customers. It continues to serve this segment with chip, driver and board-level products.

The firm's business is expanding with products to customers in consumer electronics:

Large screen rear projection HDTV (720p and 1080p)
High resolution "immersive experience" (near-eye) systems for consumer entertainment
Advanced front projection systems

And to customers in emerging segments such as:

Confocal microscopy and image injection for medical diagnostic and surgical systems
Digital printing and imaging systems
High-resolution industrial metrology and process systems
Advanced 3D and holographic imaging systems

About Red Herring - www.redherring.com

Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. Its staff of award-winning journalists tell readers what's first, what matters and most importantly, why.

Red Herring is dedicated to thorough research, relevant metrics deep financial analysis, in-depth reporting, crisp writing and thoughtful debate. We are a skeptical, intelligent and trustworthy source of information in technology business. Our primary obligation is to provide the most relevant, honest and independent information and analysis to our audience, with the conviction that an exceptional editorial product is the best catalyst for success and the best way to serve our advertisers and investors. Our content is original, compelling and actionable for industry executives and entrepreneurs.

A privately held company, Red Herring, Inc. is headquartered in Belmont, California.

For further information please contact:

Greg Truman
CEO
Forth Dimension Displays Limited
Main switchboard: +44 (0) 1383 827 950
Fax: +44 (0) 1383 827 951
Email: gtruman@forthdd.com
http: www.forthdd.com