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MITSUBISHI ANNOUNCES ECONOMICAL HC1500 HOME THEATER PROJECTOR

New 720p Projector Provides Mitsubishi HD Quality at a Value Price

IRVINE, Calif., June 19, 2007 — Mitsubishi Digital Electronics America's Presentation Products Division, known for award-winning, high-quality, high-definition presentation and display products, today announced its HC1500 HD home theater projector designed for budget-minded videophiles. The projector's sub-$1,000 suggested value pricing makes a dynamic large screen HD home theater experience truly affordable, allowing most people to step up from fixed-size big screens to flex-sized home entertainment in high definition.

"Our award winning technology is now available at a great low price," said Wayne Kozuki, product marketing manager, Mitsubishi Digital Electronics America's Presentation Products Division. "It's always exciting to bring such high-end entertainment experiences to a level where almost everybody can easily enjoy them at home."

Using Texas Instruments' latest DLP® chip, the DDP3020 Digital Light Processing® TrueVision™ Image processing with BrilliantColor™, Mitsubishi's HC1500 HD projector blasts a bright 1600 lumens and provides an outstanding 2500:1 contrast ratio for high action, detailed video impact, even with the lights on. The combination provides advanced capabilities that greatly enhance white segment processing and secondary color boost to improve mid-tone brightness.

BrilliantColor™ processing technology uses a patented color processing algorithm and system-level enhancements for more brightness and truer lifelike colors. As a result, the HC1500 treats viewers to rich and vivid 720p high definition images.

Mitsubishi's HC1500 is affordable from the point of purchase and offers an exceptional low cost of ownership with its estimated 3000-hour lamp life in low mode. It's also designed with an advanced filter-free construction that makes the projector resistant to dust, dirt and other micro particles within the its light path. Because there's no filter, problems typically associated with clogged filters, such as overheated lamps and premature failure, are decreased making the projector more economical over time. Furthermore, the tedious task of cleaning and replacing the filter is eliminated, saving both time and money for users.

Quiet scenes are easy to hear with the HC1500's hushed 25-decibel level engine, and its HDMI and DVI inputs offer true HD connectivity. Digital keystone correction makes set up easy and efficient.

"Our home theater product line is more robust with the addition of the HC1500," said James Chan, director, product marketing, Mitsubishi Digital Electronics America's Presentation Products Division. "We're committed to offering great products with a wide range of display resolutions and pricing, and our new home theater projectors reflect that commitment."

Pricing, Availability, Warranty
The suggested price of Mitsubishi's HC1500 is $999 and will be available in June through popular online and retail outlets and authorized Mitsubishi dealers. The projector comes with Mitsubishi's one-year limited warranty on parts and labor plus a 90-day limited warranty on the lamp.

About Mitsubishi Digital Electronics America Presentation Products Division
Mitsubishi Digital Electronics America's Presentation Products Division markets an extensive line of professional presentation, front-projection home entertainment, and rear-projection video wall cube display systems and digital signage monitors that are designed with DLP® or LCD technology, and is known for its award-winning, high-quality, accurate color reproduction technology. Products are sold through authorized distributors, resellers, retailers and system integrators throughout the United States and Mexico. Mitsubishi Digital Electronics America is located at 9351 Jeronimo Road, Irvine, Calif., 92618. For more information, please call 888-307-0312 or visit www.mitsubishi-presentations.com

Digital Light Processing, BrilliantColor, TrueVision and DLP are trademarks or registered trademarks of Texas Instruments.