P R E S S R E L E A S E
InFocus® Sets a New Standard for Personal ProjectorsInFocus LP335 Delivers 1000 Lumens, XGA Resolution, Digital Connectivity and DVD Video Quality in Small, Sleek Package
Barcelona, Spain, April 12, 2000 -- InFocus® (NASDAQ: INFS), the worldwide leader in data/video projection, today unveiled the remarkable LP335 digital notebook projector. Setting new standards for features and brightness in the personal projector category, the LP335 delivers 1000 lumens, XGA resolution, DLP technology, digital and analog connectivity, superior video and image quality, and HDTV compatibility in a small and sleek 4.8-pound package. InFocus engineers packed more features into the same award-winning design of the LP330 and lowered the price, creating a projector that meets the presentation needs – image, features and value – of mobile presenters, road warriors and notebook users.
"The data/video projector market has taken off in the last year," said Bob O'Donnell, research manager with International Data Corporation. "When ultraportable projectors were introduced last year, they were quickly adopted by notebook carriers as valuable peripherals in their mobile arsenal. We expect to see the projector attach rate to notebooks grow even more as users continue to understand the benefits of projectors for the delivery of interactive and multimedia presentations."
"Worldwide revenues for the data/video projector category are expected to reach $5 billion for 2000, a 26 percent increase over 1999," said William Coggshall, an analyst with Pacific Media Associates. "We're seeing InFocus work towards growing the category even further by catering to a broader audience with increased lumens and digital connectivity in the LP335."
The LP335 is the first InFocus projector to ship with DigitalConnect, an InFocus innovation based on the Digital Display Working Group's (DDWG) new DVI (Digital Visual Interface) standard. By offering digital, analog and USB connectivity through a single connector, the LP335 is future-ready for the new generation of digital notebooks. A zoom lens, onboard control panel, remote control and digital keystone correction complete the package, giving users flexibility in every presentation situation.
The LP335's broad feature set offers all the performance of a premium conference room projector in a package designed for maximum portability. With 1000 lumens of brightness, an increase of 50 percent over the LP335's predecessor, users are able to present with the lights on. True 1024x768 XGA resolution, 400:1 contrast ratio, and Texas Instrument's DLP display technology give the image quality necessary to present graphic-rich, multimedia presentations. The incorporation of InFocus' home theater quality video allows users to make the most of DVD technology. And the LP335 is also 1080i HDTV compatible, making it truly future-ready.
"Adding value for our customers and making products that are future-ready are two very important objectives for us," said Bill Yavorsky, InFocus vice president of sales and marketing. "The only thing missing from this projector is an increase in price. We were able to add brightness, image quality and additional connectivity without passing additional costs on to our customers."
The InFocus LP335 has a $5,999 MSRP and is available immediately. For more information, please visit the InFocus web site at www.infocus.com
InFocus Systems, Inc. (NASDAQ: INFS) is the worldwide leader in developing, manufacturing, and marketing award-winning data/video projectors 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, 1999 InFocus revenue was $390.7M. 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.
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 1999 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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