P R E S S R E L E A S E
DIGITAL PROJECTION INTERNATIONAL AND NEC VIEWTECHNOLOGY LIMITED ANNOUNCE STRATEGIC ALLIANCE
MANCHESTER, UK, & KENNESAW, GA., February 15, 2002 - Digital Projection International (DPI) and NEC Viewtechnology Ltd. (NEC) today announced a strategic alliance for the development, manufacture, marketing and distribution of advanced digital projection systems. The agreement will bring both companies accelerated growth in entertainment, large-venue imaging, digital cinema and critical projection markets. It is a combination that offers customers of DPI and NEC unrivaled expertise and experience on a truly global scale.
"Our collaboration with NEC Viewtechnology - the world's leading manufacturer of electronic projection systems - offers both DPI and NEC extensive access to established display platforms and expanded capabilities to develop future technologies," said Brian Critchley, DPI's Managing Director and CEO.
"We are delighted to join NEC in the expansion of our companies' development resources, product lines and business plans. NEC's innovation and manufacturing prowess complement Digital Projection's renowned expertise in DLP(tm) based projection displays. We look forward to a long and mutually successful collaboration," continued Critchley.
"Since our launch in 1997, Digital Projection has achieved great market success with our current range of POWER, LIGHTNING and HIGHlite Displays," added Mike Levi, President of DPI's North American operations. "Our new association with NEC allows DPI to expand the display solutions we offer and extend the markets we serve. Our customers who expect the best performance for live and home entertainment, command & control, visualization, fortune 1000, education, religious, retail displays, digital cinema and, of course, staging & rental, will all benefit from the new DPI / NEC partnership," said Levi.
"We are excited with the results we achieved together in the past with our OEM agreement where we supplied some mid-range products to DPI. We have decided to take the next step in our relationship," said Takashi Ogawa, President of NEC Viewtechnology. "We will expand our partnership and cooperate not only in production, but also in development and global sales and marketing. This alliance will allow us a more efficient and faster development of advanced products and broaden the support to our customers."
About Digital Projection
Digital Projection International was founded in 1989, originally as a division of The Rank Group and has been instrumental in the development and application of Digital Light Processing(tm) technology by Texas Instruments for projection systems.
In June 1998, Digital Projection was awarded an Emmy® for technical achievements in broadcast engineering by the Academy of Television Arts and Sciences, Los Angeles. POWER Displays by DPI are the first and only projector to win the coveted award.
In December 2001, Digital Projection's management team, lead by Brian Critchley, concluded the management purchase of the company from IMAX Corporation. The management buy-out marked a return to independent ownership for Digital Projection International and its subsidiaries DP Ltd. in the UK and DP Inc. in the USA.
Digital Projection is a UK-based company with offices in North America and Europe. Digital Projection Incorporated, with its headquarters based in Atlanta, is a wholly owned subsidiary of Digital Projection, Limited, located in Manchester, England.
About NEC Viewtechnology
NEC Viewtechnology, Ltd. is a wholly owned subsidiary of NEC Corporation focusing on visual presentation solutions. With over twenty years of experience in projector development, manufacturing, and marketing, NEC Viewtechnology strives for excellence in product quality, eco quality (its relationship to the environment), and support quality.
NEC is offering the broadest range of projectors from small three-pound projectors for presentations to large venue projectors for entertainment venue/staging needs, and is one of the few companies in the world to offer LCD-based projectors, single-chip DLP projectors, and three-chip DLP projectors.
Digital Light Processing(tm) & DLP(tm) are registered trademarks of Texas Instruments.
Emmy® is a registered trademark of The Academy of Television Arts and Sciences.
Tim J. Butler - North America
Director, Marketing Comms
(770) 420-1360 fax
Karin Hobbs - International
Sales & Marketing Comm's Mgr