Corning Launches EAGLE XG(TM) LCD Substrates

Corning Launches EAGLE XG(TM) LCD Substrates

March 22, 2006

First to Deliver Breakthrough Innovation in Environmentally-Friendly LCD Glass Technology

    CORNING, N.Y., March 22 /Xinhua-PRNewswire/ -- Corning
Incorporated (NYSE: GLW) announced today the commercial
launch of EAGLE XG(TM), the industry's first liquid crystal
display (LCD) glass substrate that is free of all heavy
metals.  "Corning continues to create customer value
through the minimization of potential costs related to
environmental regulations and recycling challenges,"
said James P. Clappin, president, Display Technologies.
Clappin announced the industry's most
environmentally-friendly LCD glass during the DisplaySearch
US FPD Conference in San Diego, Calif.

    "EAGLE XG is a green substrate that provides added
value for panel manufacturers, and the entire TFT-LCD value
chain, while retaining all of the process benefits and
attributes of EAGLE2000(TM), another innovative glass
composition from Corning that has become the industry
standard," Clappin continued.  "EAGLE XG is an
environmentally friendly glass that is the first of its
kind.  The value it provides to our customers will continue
to increase as future environmental regulations are
introduced.  As an industry leader, Corning continues to
deliver products that help our customers worldwide to be
successful, both now and in the future."

    EAGLE XG is the first and only LCD glass to be
completely free of heavy metals, including arsenic.  As
with EAGLE2000, it is also free of antimony and barium, and
halides such as chlorine and fluorine.  These materials,
added by some glass suppliers during their manufacturing
process, can produce potentially harmful manufacturing
by-products. 

    As one of the world's leading technical innovators,
Corning has consistently brought new compositions to the
LCD industry since the earliest stages of its development. 
Corning produced the first LCD glass substrates that were
used by Japanese LCD development labs, leading to the first
TFT LCD products in the mid-1980s.  Corning introduced
EAGLE2000 substrates in the year 2000 that provided
customers with new benefits and glass attributes, including
very-low glass density, higher chemical durability and
advanced thermal properties.  EAGLE XG glass retains the
benefits of these advantageous properties, while adding an
increased level of environmental friendliness through its
advanced composition and manufacturing processes.

    "The quickly changing technical landscape of the
LCD industry and the increase of ubiquitous, large,
high-performance displays require the continuous evolution
of the LCD glass substrate," explained Dr. Pete L.
Bocko, division vice president and director, commercial
technology, Corning Display Technologies.  "We believe
the environmental area is an opportunity to enhance the
value Corning offers to our customers.  EAGLE XG is one of
the most significant advances in fundamental glass
technology in a generation."

    One of Corning's primary operating priorities is to
invest in future growth and technology.  Currently,
approximately 10 percent of the company's sales are
reinvested into research and development that is focused on
multiple technologies and growth opportunities.  Over the
last 20 years, Corning scientists have supported the LCD
industry with ongoing advances in ultra-thin glass
technology that is making possible today's portable LCDs
and desk top monitors, as well as the production of
increasingly popular LCD TVs.  With the introduction of
EAGLE XG, Corning continues to demonstrate the company's
high level of commitment to meeting the needs of the LCD
industry both now and in the future.

    About Corning Incorporated

    Corning Incorporated ( http://www.corning.com ) is a
diversified technology company that concentrates its
efforts on high-impact growth opportunities.  Corning
combines its expertise in specialty glass, ceramic
materials, polymers and the manipulation of the properties
of light, with strong process and manufacturing
capabilities to develop, engineer and commercialize
significant innovative products for the telecommunications,
flat panel display, environmental, semiconductor, and life
sciences industries.

    Forward-Looking and Cautionary Statements

    This press release contains forward-looking statements
that involve a variety of business risks and other
uncertainties that could cause actual results to differ
materially. These risks and uncertainties include the
possibility of changes or fluctuations in global economic
and political conditions; tariffs, import duties and
currency fluctuations; product demand and industry
capacity; competitive products and pricing; manufacturing
efficiencies; cost reductions; availability and costs of
critical components and materials; new product development
and commercialization; order activity and demand from major
customers; capital spending by larger customers in the
liquid crystal display industry and other businesses;
changes in the mix of sales between premium and non-premium
products; facility expansions and new plant start-up costs;
possible disruption in commercial activities due to
terrorist activity, armed conflict, political instability
or major health concerns; ability to obtain financing and
capital on commercially reasonable terms; adequacy and
availability of insurance; capital resource and cash flow
activities; capital spending; equity company activities;
interest costs; 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; changes in key
personnel; stock price fluctuations; and adverse litigation
or regulatory developments.  These and other risk factors
are identified 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. 

    For more information, please contact:

     Lydia Lu 
     Corning China
     Tel:   [phone] x1900
     Email: [e-mail]

     James E. Terry
     US Corning 
     Tel:   [phone]
     Email: [e-mail]

     Lisa A. Burns
     Tel:   [phone]
     Email: [e-mail]

     Ken C. Sofio
     Investor Relations
     Tel:   [phone]
     Email: [e-mail]

SOURCE  Corning Incorporated