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LIGHTWARE UNVEILS 1,100-LUMEN, 5.6-POUND PROJECTOR FOR LESS THAN $2,500

New Traveler CS-11 Offers Best Value Proposition in Ultraportable SVGA Category

BEAVERTON, Ore. - May 23, 2001 - Lightware, the leader in portable, affordable projection technology, is broadening its product line with the introduction of a 1,100-lumen, 5.6-pound SVGA multimedia projector. Priced at just $2,495, the new Lightware Traveler CS-11 offers mobile executives, educators and government agencies a versitile projector and the industry's best value proposition in the ultraportable projector category.

Based on Texas Instruments' Digital Light Processing (DLP) technology, Lightware's Traveler CS-11 allows users to project video, data and graphics with deep color saturation and sharp contrast. The Traveler CS-11 runs on a 150-watt bulb capable of projecting crisp images for more than 1,000 hours.

"The Traveler CS-11 is just the kind of workhorse projector our customers have come to expect from Lightware: a high performance product that travels anywhere, at an aggressive price point," Mark Hand, president and COO, Lightware, said. "We continuously strive to offer great projectors with the best overall value in the industry, and this product clearly delivers on this committment."

Additional features include HyperZoom, which allows presenters to enlarge tiny images on the presentation screen, making key messages and data points more memorable and impactful. Automatic sensing electronics, manual focus, zoom and digital keystone correction round out the CS-11's feature set. An included 3-in-1 remote allows presenters to manage projector settings, switch between PC and video inputs seamlessly during a presentation and have full mouse control from your PC.

The Traveler CS-11 is compatible with all common video standards.

About Lightware's Product Line

Lightware offers a full line of projectors, including the ultraportable Scout XL ($1,995), multimedia Scout ($1,695) top-selling portable VP800Plus ($1,495); and HDTV-compatible L-1020Plus ($2,295), and the ultra-bright XGA Traveler ($3,495).

About Lightware

Founded in 1995, Lightware Inc. delivers affordable, portable projection technology for large and small businesses, mobile professionals and the education and government markets. In January 2000, Lightware was aquired by Plus Corp. of America. Both organizations are owned by $1.5 billion PLUS Group of Japan.

The Lightware Scout family of projectors is powered by the company's patented Optimum Projection Technology (OPT) single-panel polysilicon LCD light engine. The Traveler family features DLP technology. All Lightware projectors are sold at industry-setting prices. For more information, visit Lightware at www.lightware.com.

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CONTACT:
Trip Thomas/Shai Morris
The Bohle Company
(310) 785-0515, Ext. 219
trip@bohle.com/shai@bohle.com