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PLANAR SHAREHOLDER NOTICE: Faruqi Faruqi, LLP Announces the Investigation of Planar Systems, Inc. (PLNR) Over the Proposed Sale of the Company to Leyard Optoelectronic Co., Ltd.

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NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Planar Systems, Inc. (“Planar” or the “Company”) (Nasdaq:PLNR) for potential breaches of fiduciary duties in connection with the sale of the Company to Leyard Optoelectronic Co., Ltd. for approximately $157 million in cash. The Company’s stockholders will only receive $6.58 for each share of Company common stock they own. However, the

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