P R E S S R E L E A S E
InFocus® Announces Latest High-Bright Portable/Conference Room ProjectorNew Networkable LP™770 Projector Fulfills Every Presentation Need
Wilsonville, Ore., November 9, 1999 -- InFocus® (NASDAQ: INFS), the worldwide market leader in data/video projectors, today announced the latest addition to its award-winning product line: the InFocus LP™770. The LCD LP770 is the brightest and most versatile projector in its class and ships with InFocus' new LightPort™ software, which enables web-based projector management. With the introduction of this projector, InFocus demonstrates its dedication to delivering a full line of projectors that serve the varied needs of today's presenters.
The InFocus LP770 delivers excellent image quality and extreme brightness with 2000 lumens, true XGA resolution and advanced polysilicon LCD technology. The LP770 provides innovative features, such as; picture-in-picture capabilities and dual inputs – two computer, two video to support the most complex multimedia, multi-source presentations. Digital magnifier and electronic keystone correction create perfect image shape and size in every presentation situation.
"Customers are looking for a multi-purpose projector that can be easily transported from room to room," said Amar Samra, InFocus director of product management. "With its premium features, easy portability and extreme brightness, the LP770 delivers the versatility and quality our customers are demanding."
The LP770 ships standard with 30-day trial of InFocus' LightPort software, an innovative program that gives IT professionals the ability to access and manage InFocus conference room projectors through their corporate network, similar to a network printer. LightPort also allows remote users to view or deliver a presentation on an InFocus projector using a web browser.
LightPort also makes InFocus projectors available to everyone in the organization, not just those with laptops. Presentations can now be sent to a LightPort-enabled projector anywhere on the network, eliminating the need to bring the presentation into the room on a portable PC. In addition, LightPort lets users transmit presentations to meeting participants at remote locations for simultaneous viewing through a web browser. It also allows a presenter to deliver a presentation on a LightPort-enabled projector from a remote location, through a web browser.
The InFocus LP770 will be available in November at a MRSP of USD $11,999. LightPort is available for USD $699.
In Focus Systems, Inc. is the worldwide leader in developing, manufacturing, and marketing award-winning data/video projection products and services. All projectors provided by InFocus are backed by a comprehensive two-year service warranty, an exclusive "24-hour seven days per week" customer support hotline (800) 799-9911 and our Priority Care program. For the fiscal year ending December 31, 1998 InFocus revenue was $306.7M. The company's headquarters are located at 27700B SW Parkway Avenue, Wilsonville, Oregon 97070-9215. Call (800) 294-6400 or (503) 685-8888. InFocus' fax number is (503) 685-8631.
NOTE: This press release includes forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties and several factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings, and availability of products manufactured on behalf of the Company, backlog and new product introductions. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: 1) in regard to revenues, gross margins and earnings uncertainties associated with market acceptance of and demand for the Company's products, impact of competitive products and pricing and dependence on third party suppliers; 2) in regard to product availability and backlog, uncertainties associated with manufacturing capabilities and dependence on third party suppliers; and 3) in regard to new product introductions, uncertainties associated with the development of technology and the establishment of full manufacturing capabilities, dependence on third-party suppliers and intellectual property rights. Investors are directed to the Company's filings with the Securities and Exchange Commission, including the Company's 1998 Form 10-K, which are available from the Company without charge, for a more complete description of the risks and uncertainties relating to forward looking statements made by the Company as well as to other aspects of the Company's business.
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