LIGHTWARE UNVEILS TWO 3-POUND PROJECTORS AT HALF THE PRICE OF CLOSEST COMPETITIVE PRODUCT

BEAVERTON, Ore. - July 16, 2001 - Lightware, the leader in portable, affordable projection technology, is introducing two 3-pound microportable projectors, each at half the price of the nearest competitive product. Based on Texas Instruments' Digital Light Processing technology, the XGA Legend LX-8 and SVGA Legend LS-8 are just $2,695 and $1,795 respectively. Both come equipped with full multimedia capabilities, providing mobile executives, sales professionals, government employees and educators with a powerful presentation tool designed to travel with ease.

With a footprint the size of a hardback novel and a depth of only 2.3 inches, the 800-lumen Legend series projectors slip into a bag with a laptop with room to spare. For further mobility, Lightware's laptop-free presentation solutions allow users to connect the Legend to a Handspring Visor PDA or AverEPack digital slide presenter to lighten the load.

"Lightware is leading the industry with our value proposition for the Legend series, and our customers recognize and appreciate this," Mark Hand, president and COO, Lightware, said. "Lightware was first to break the 5-pound weight barrier; now we're first to offer a 3-pound unit for $1,795. Wait until you see what comes next!"

Both the Legend LX-8 and LS-8 feature digital zoom, digital keystone correction and one 1-watt speaker. Full multimedia compatibility allows the Legend series to project from nearly any video source.

Additional features include video freeze-frame and HyperZoom, which allows presenters to enlarge tiny images on the presentation screen, making key messages and data points more memorable and impactful.

Both the Legend LX-8 and LS-8 include a wireless remote control, PS/2 and USB mouse cables, all standard video, audio and power cables and a soft carrying case.

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), HDTV-compatible L-1020Plus ($2,245), ultra-bright XGA Traveler ($3,495) and SVGA Traveler CS-11 ($2,495).

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 December 2000, Lightware was acquired by Plus Corp. of America. Both organizations are owned by the $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 and Legend families feature 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
The Bohle Company
(310) 785-0515, Ext. 219