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Press release from Business Wire

Corning Extends Line of EAGLE XG® Slim LCD Glass Substrates

<p class='bwalignc'> <i><b>Naturally thin glass allows panel manufacturers to eliminate panel thinning costs</b></i> </p>

Tuesday, June 05, 2012

Corning Extends Line of EAGLE XG® Slim LCD Glass Substrates08:15 EDT Tuesday, June 05, 2012 CORNING, N.Y. (Business Wire) -- Corning Incorporated (NYSE: GLW) today announced the extension of its EAGLE XG® Slim glass substrates product line to support LCD panel manufacturing for portable display applications. The announcement came at the Society for Information Display's Display Week, an industry trade show in Boston. Today's announcement adds 0.3 mm glass in Generation 6 (1500mm by 1800mm, or roughly five feet by six feet), which provides a significant cost reduction benefit to LCD display panel manufacturers. “Currently, many flat-panel display manufacturers must thin the LCD glass plate through an expensive acid etching step as part of their production process,” said Andrew Beck, product line manager, Corning Display Technologies. “EAGLE XG Slim glass is naturally thin so it requires no acid etching to meet the 0.3mm target thickness and hence eliminates thinning costs completely.” EAGLE XG Slim glass is currently used in mobile phones, tablets, notebooks, monitors, and televisions. The availability of 0.3 mm substrates in Generation 6 size provides an ideal solution for emerging mobile applications, like those in the Ultrabook™ product category. Ultrabooks, a trademark of Intel Corporation, are notebooks that allow users to consume and produce content without sacrificing mobility. “Emerging mobile applications are driving increased demand for thinner, lighter display panels,” Beck said. “Our EAGLE XG Slim glass helps panel manufacturers meet this demand in a more cost-efficient and environmentally friendly way.” EAGLE XG Slim glass is produced using the award-winning, environmentally friendly EAGLE XG glass composition and Corning's proprietary fusion process. This precise process produces glass substrates with inherent dimensional stability and exceptionally clean, smooth, flat surfaces – qualities essential to the successful manufacture of LCD displays. To learn more about EAGLE XG Slim, visit www.corning.com/EAGLE. Forward-Looking and Cautionary Statements This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events. About Corning Incorporated Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 160 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy, and metrology. View Image: EAGLE XG® Slim Product Image View Video: Corning Glass Supports the Ultrabook™ Vision Follow Corning: RSS Feeds | Facebook | Twitter | YouTube Media Relations Contacts:John A. O?Hare, 607-974-7488ohareja@corning.comM. Elizabeth Dann, 607-974-4989dannme@corning.comorInvestor Relations Contact:Kenneth C. Sofio, 607-974-7705sofiokc@corning.com