P R E S S   R E L E A S E

MITSUBISHI DIGITAL ELECTRONICS AMERICA ANNOUNCES NEW MINI-MITS® PROJECTOR

XD50U Perfect to Bring Home

IRVINE, Calif., June 3, 2003 — Mitsubishi Digital Electronics America's Presentation Products Division, maker of award-winning, high-quality presentation and display products, today introduced its newest Mini-Mits projector, the XD50U. The XD50U Mini-Mits is Mitsubishi Digital's latest lightweight Digital Light Processing (DLP® ) projector, boasting 1500 ANSI lumens and 1500:1 contrast ratio in a "mini"3.4-pound package.

The small but powerful XD50U utilizes Mitsubishi Digital's technological excellence in video processing to produce crisp, clean digital video images as well as rich, brilliant colors. It offers a remarkable 1500:1 contrast ratio—colors are rich and vivid, whites are brilliant, and blacks are extremely dark— great for home theater and professional presentations. It is also capable of accepting HDTV input signals, which is a critical consideration for home theater enthusiasts.

"The XD50U is an excellent lightweight presentation projector," said James Chan, director, projector product marketing for Mitsubishi Digital. "But I say, ‘Bring it home!' Use it for movies, gaming, or professional sports for a big-screen experience. Its small size makes the XD50U easy to carry back and forth to the office so you can really be creative on what display applications you want to use it for."

The XD50U Mini-Mits offers XGA (1024 x 768 pixels) native resolution, zoom and focus lens, and a wireless remote control for easy set-up. Its three-year warranty includes Express Replacement Assistance, Mitsubishi Digital's exclusive 24-hour replacement program, voted one of the best warranties in the presentation products industry.

"Many manufacturers sacrifice features and sometimes, even quality for smaller projectors, but our Mini-Mits line is feature-packed and pushes the threshold for great quality in a small package," said Aki Ninomiya, director, Mitsubishi Digital. "I'm proud that our engineers include all of the important display features from our acknowledged product excellence in such a petite form factor so that the Mini-Mits is easy to use both at home and in the office."

The XD50U Mini-Mits will be available June, 2003 with a MSRP of $3,495 through various authorized Mitsubishi Digital channel and retail partners.

About Mitsubishi Digital Electronics America Presentation Products Division
Mitsubishi Presentation Products Division, a division of Mitsubishi Digital Electronics America, Inc., markets an extensive line of presentation and display products and is known for its award-winning, high-quality, accurate color reproduction technology in its line of ColorView(r) projectors. Products are sold through authorized distributors, resellers and dealers throughout the United States. Mitsubishi Presentation Products is located at 9351 Jeronimo Road, Irvine, Calif., 92618. For more information, please call 888-880-6351 or visit www.mitsubishi-presentations.com.