P R E S S R E L E A S E
MANAGEMENT PURCHASES DIGITAL PROJECTION FROM IMAX CORPORATION
MANCHESTER, UK, & KENNESAW, Ga., December 12, 2001 - Digital Projection International (DPI) - an Emmy(r) Award-winning manufacturer of high performance projection systems - today announced that a management team led by Managing Director Brian Critchley has successfully concluded the purchase of the company from IMAX Corporation.
The announcement marks a return to independent ownership for Digital Projection International and its subsidiaries DP, Ltd. in the UK and DP, Inc. in the USA.
"We are delighted," said Brian Critchley. "This allows us to focus 100 percent of DPI resources toward the products and services that our customers value. Our team remains dedicated to the fundamentals on which the company was founded, namely market-leading innovation, image quality, application expertise and customer service."
Mr. Critchley continued, "Digital Projection's position today is a result of our strong national and international partnerships with our dealers and distributors. We intend to build upon these relationships and to further strengthen our global position in the years to come. We will utilize our experience and world-leading technical expertise to develop promising market sectors and enhance our global reach."
Digital Projection currently manufacturers one of the industry's largest line-ups of projectors based on 3-chip DLP(tm) technology by Texas Instruments. Projectors by DPI can be found in Fortune 1000 boardrooms, church & worship venues, film screening rooms, broadcast sets, command & control facilities, simulation applications, retail outlets, prestigious home theaters, lecture halls and star-studded live events.
About Digital Projection
Digital Projection International was founded in 1989, originally as a division of The Rank Group and has been instrumental in the development and application of Digital Light Processing(tm) technology by Texas Instruments for projection systems.
In June 1998, Digital Projection was awarded an Emmy(r) for technical achievements in broadcast engineering by the Academy of Television Arts and Sciences, Los Angeles. POWER Displays by DPI are the first and only projector to win the coveted award.
The company's North American headquarters are located at 55 Chastain Road, Suite 115, Kennesaw, GA 30144. Phone (770) 420-1350; Fax (770) 420-1360 www.digitalprojection.com. The company's international headquarters are located at Greenside Way, Middleton, Manchester, M24 1XX, United Kingdom, Phone +44 161 947 3300, Fax +44 684 7674, www.digitalprojection.co.uk
(tm)Digital Light Processing and DLP are registered trademarks of Texas Instruments.