P R E S S   R E L E A S E

Canon Launches Three New Multimedia Projectors

Delivering Theatre-Sized Images in Virtually Any Room

LAKE SUCCESS, N.Y. --(Business Wire)-- Aug. 12, 2004 Canon's New Microportable LV-7225, LV-7220, and LV-5220 Models Suitable for Home Theater, Classroom and Business Settings

Whether delivering a presentation, settling in for a movie, or lecturing a group of college students, Canon's new series of ultra portable LCD projectors provide the flexibility and quality users require for their multimedia projection needs. Each new model is equipped with genuine Canon optics and a 1.6x optical zoom lens with the ability to display a 100-inch diagonal image from only 8.2 feet. All three models have the capability to be placed in most any size room, providing theater-sized images from the comfort of the living room or the length of a boardroom.

"By offering projectors with high-end features at a practical price, Canon succeeds in providing products that can be incorporated into a variety of environments and customized for a wide range of needs," said Yukiaki Hashimoto, senior vice president and general manager of the Consumer Imaging Group at Canon U.S.A., Inc., a subsidiary of Canon Inc. (NYSE CAJ). "Our newest line of projectors has been developed with a diverse group of users in mind. From teachers, to business executives, to the family at home, Canon's newest projectors provide high-quality performance and functionality in a micro-portable package suitable for all users' needs."

Canon's newest projectors each weigh 6.4 pounds. The LV-7225 and LV-7220 models feature an XGA resolution of 1024x768 and support an SXGA resolution through high-quality compression. The LV-5220 projector features SVGA resolution and can support an XGA resolution through high-quality compression. All three models demonstrate quality brightness with the LV-7225 projector offering 2500 ANSI lumens, and the LV-7220 and LV-5220 models operating at 2000 ANSI lumens.

For classroom applications, Canon's new projectors are equipped with a blackboard mode, which provide teachers and lecturers that do not have access to a screen with the convenience of projecting directly onto the blackboard or chalkboard. When in this mode, these projectors automatically adjust the color balance to offer more natural results.

Both the LV-7220 and LV-7225 projectors feature a 350:1 contrast ratio and 85% image uniformity. The new LV-5220 projector features a 400:1 contrast ratio and 85% image uniformity. Each new model also features a digital keystone adjustment with +/-40 degrees (Vertical) and +/-20 degrees (Horizontal).

All three new models are equipped with progressive scan circuitry, which converts a 480i (NTSC) or 575i (PAL) signal to progressive using a 2:3 pulldown for improved image quality when watching DVDs or TV programs that originated on film. Even more, all models have a low 34dB operating noise level in Silent Mode and include a Capture function to customize the start-up display screen with a favorite image, company or school logo.

Each new projector can be connected to a Canon camcorder or digital camera, providing users with the ability to create high-impact presentations for any environment. For added versatility, Canon's new LV-7225, LV-7220 and LV-5220 projectors can be connected to a variety of other devices including: desktop and laptop computers (using standard VGA or DVI input), document cameras, DVD players or VCRs, using S-Video and RCA terminals, or component video via the supplied VGA to component video adapter cable. All three projectors are HDTV compatible and can be used with various Canon projector accessories such as the LV-MI01 Multicard Imager, LV-WN01 Wired LAN Card and LV-WN02 Wireless LAN Card.

All three new models are also equipped with a wireless remote control, user-friendly on-screen display menu, and available USB mouse control, which enhance operation function and ease. Each new projector comes ready with pin code and key lock functions, which prevent unauthorized users from using the unit.

The Canon LV-7225, LV-7220, LV-5220 projectors will be available in September at authorized Canon dealers, with a suggested list price of $2,999, $2,499, and $1,999, respectively.

Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. The Company is listed as one of Fortune's Most Admired Companies in America, and is ranked #35 on the Business Week list of "Top 100 Brands." Its parent company Canon Inc. (NYSE:CAJ) is a top patent-holder of technology, ranking second overall in the U.S. in 2003, with global revenues of $29.9 billion. For more information, visit http://www.usa.canon.com.

* Prices are MSRP at time materials were created. Prices subject to change at any time. Actual prices are determined by individual dealers and may vary.