P R E S S R E L E A S E
InFocus Previews Home Entertainment Projection Solutions at Consumer Electronics Show in Las Vegas
LAS VEGAS--(BUSINESS WIRE)--Jan. 5, 2001--InFocus(R) Corp. (Nasdaq:INFS)(OSE:IFC), the worldwide leader in digital projection, will preview a new line of projectors designed for the home entertainment market at CES in Las Vegas January 6-9.
Designed for the living room -- instead of the boardroom -- InFocus' approach to the home market is unique. The company's concept-projectors will showcase home decor-friendly design, and exceptional video quality and picture contrast. Using InFocus' ProjectionLink technology, the systems will also offer simple, single-wire connectivity to any image source, including: standard TV, HDTV, VCR, DVD player, digital camera and personal computer. All at a lower cost and better price/performance than traditional home theater projection alternatives.
InFocus' home entertainment projectors incorporate advanced Digital Light Proccessing(TM) (DLP(TM)) technology from Texas Instruments(TM) which help them achieve superior video image quality and compact size and weight. InFocus will display a prototype of its first DLP(TM)-based home entertainment projector in the Texas Instruments booth at CES (No. 2015).
Not a replacement for the "everyday" television, InFocus' concept is to offer a new way to enjoy movies, personal videos, games, digital photos, sporting events, HDTV and even the Internet with a dynamic, big-screen experience through a small projector.
"Current home theater technologies, such as rear-projection televisions, present obstacles for many consumers due to size, cost and compatibility with home decor," said Werner Heid, executive vice president of InFocus. "InFocus envisions home entertainment projection systems that are elegantly designed, affordable and easy for dealers and retailers to demo, sell and service."
Digital projection is a $4.0 billion category today and heavily concentrated in the commercial and education sectors where projectors are used for sales presentations, training and classroom applications. The category is expected to grow to nearly $7.0 billion by 2002, with substantial potential upside resulting from the introduction of projection to more mainstream uses including home entertainment.
About InFocus Corp.
InFocus Corp. (Nasdaq:INFS)(OSE:IFC) is the worldwide leader in designing, manufacturing and marketing award-winning digital projectors, technologies and services. The company provides its worldwide customers with the industry's most comprehensive line of projectors and presentation products marketed under its three brands: InFocus, Proxima and ASK. Solutions range from the three-pound class of mobile projectors to feature-packed conference room projectors, super bright fixed installation systems along with audio- and video-conferencing equipment. InFocus Corp.'s global headquarters are located in Wilsonville, Ore. For more information, visit the InFocus Corp. Web site at www.infocus.com or contact the company toll-free at 800/294-6400 (U.S. only) or 503/685-8888.
This document 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, availability of components and subassemblies manufactured for the company, backlog and new product introductions. The company has no duty to update the forward-looking statements.
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, the impact competitive and economic factors have on business buying decisions and dependence on third party suppliers; 2) in regard to product availability and backlog, uncertainties associated with manufacturing capabilities, availability of critical components including but not limited to lamps, and dependence on third party suppliers; and 3) in regard to new product introductions, ability of the Company to make timely delivery of new platforms, 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 current 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.
InFocus, Proxima, and ASK are registered trademarks of InFocus Corp.
CONTACT: InFocus Corp., Wilsonville
Dean Derrah, 503/685-8936 (Investor Relations)
Nelson Pratt, 503/685-8959 (Public Relations)
matthews/mark, San Diego
John Cihomsky, 619/238-8500