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P R E S S   R E L E A S E

 Proxima's Ultralight LX1 Wins First Class Award from Mobile Computing & Communications

Consistent sharp image, handy remote control features and competitive price make it the best all-around choice for mobile presenters.  Mobile Computing & Communications, one of the most widely read publications for mobile professionals, has chosen Proxima Corporation's UltraLight LX1 video and multimedia projector as its First Class Award winner in their October 1999 Ultraportable XGA Comparison Report. Based on LCD projection technology, the Proxima Ultralight LX1 dominated the competition with superior overall output. This 800-lumen, 8.1-pound, native XGA (1024 x 768) resolution ultraportable projector outshined the competition with its consistent, clear image and sharp focus. Additionally, the UltraLight LX1 continued to impress the editors with its built-in dual stereo speakers providing better-than-average audio output during the testing, a robust remote control that was the easiest to use of the bunch, and the quietest fan. The other projectors in the comparison included the LP435z by In Focus Systems, Inc. (NASDAQ: INFS), the Boxlight Corp. CD-550m, the MP1600 Microportable Projector by Compaq Computer Systems (NASDAQ: CPQ), and the DP1100 Digital Projector from Eastman Kodak Co. (NASDAQ: EK).

"The LX1 is just one of the award-winning ultraportable multimedia projectors in the Proxima UltraLight line," said Stuart Schaffer, vice president of marketing at Proxima. "To be recognized by such a prestigious magazine as Mobile Computing & Communications validates our position as a market leader in ultraportable projectors for mobile professionals."

Proxima offers the UltraLight LX1 at a remarkably low street price under $5,000-which makes it the least expensive feature-rich XGA ultraportable projector available in the industry. Equally important, the UltraLight LX1 has the lowest total cost of ownership over its lifetime than any other projector in the industry. Its 4,000-hour lamp could save hundreds of dollars over the course of its lifetime. Proxima's free technical support, two-year projector warranty, and unique Customer Care program with its value-plus options, all contribute to its extraordinarily low ownership cost. The UltraLight LX1 is the ideal communication tool for mobile professionals who require the best possible resolution, yet have to stay within a specific budget goal. To locate a reseller, please contact Proxima at 858-457-5500 or http://www.proxima.com.

Mobile Computing & Communications is the monthly expert publication focusing exclusively on all aspects of mobile technology. The magazine provides information critical for volume buyers of mobile technology to make sound purchasing decisions. With more than 200,000 readers, the magazine brings its audience trends and developments, mobile outlooks, application solutions, equipment news and business issues which result from mobile technology. Mobile Computing & Communications is published by Petersen Publishing Company, LLC.

Founded in 1982, Proxima is a wholly-owned subsidiary of Ask Proxima ASA (Oslo:ASK). Proxima is committed to delivering the right product, to satisfy customer needs, at the right price. Proxima develops, markets and sells world class presentation solutions to benefit corporate enterprises, work groups, mobile professionals, trainers, and professional public speakers. Proxima award-winning multimedia projectors include ultraportable, desktop and fixed-installation professional projectors that increase the efficiency and productivity of business meetings, on-the-road electronic presentations, training, and interactive work group sessions. Proxima's web site is located at www.proxima.com. Proxima also sponsors Presenters' University with tips, tools and techniques for presenters at www.presentersuniversity.com.

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