International DisplayWorks, Inc. (IDW) (NASDAQ:IDWK) today announced the appointment of Mr. Dwight D. Boliek as Vice President, Materials. Mr. Boliek joins IDW most recently from Dell Corporation. At Dell, Mr. Boliek served as Director of Worldwide Procurement where he was responsible for development and execution of long-term strategies to drive improvements in total supply chain performance including quality, inventory turns and predictability while reducing costs. During his nine years at Dell, Mr. Boliek lead cross functional commodity teams comprised of engineering, marketing, quality, manufacturing and procurement professionals for numerous commodities including displays. Mr. Boliek also led the integration of Dell's product development IT infrastructure into an automated product lifecycle management system. Before joining Dell, Mr. Boliek spent eleven years at Electronic Data Systems in Plano, TX as Senior Operations Manager, where he was responsible for development of business deals for Compute, Midrange (Servers) and Telecommunications technical solutions. Previously, Mr. Boliek spent three years in Saudi Arabia as a Senior Engineer where he lead various design and construction projects to modernize terminals for storing refined chemicals. Mr. Boliek holds a Bachelor of Science degree in Chemical Engineering from Penn State University and a Masters in Business Administration from the University of North Texas. Jeff Winzeler, COO of IDW, commented, "Adding a proven procurement and supply chain expert like Dwight bolsters our existing efforts to drive cost improvements and efficiencies in our materials management. Dwight will significantly accelerate our supply chain initiatives, and bring a wealth of expertise to IDW's procurement efforts. We recently completed our first internet auction with great success. Dwight was instrumental in the process allowing us to recognize significant savings." Mr. Boliek commented, "I am very excited to join the IDW team and look forward to making significant contributions to the company's success. My experience in materials management is an excellent fit with IDW's focus on driving improvements in efficiency and material costs throughout the total supply chain. IDW has assembled a strong team which will become the cornerstone of a world class organization for years to come. I look forward to becoming a key contributor to the ongoing success of the Company. 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.
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