PLUS VISION RAISES THE BAR FOR BRIGHT, MOBILE PROJECTORS WITH 2000 LUMEN U2-X2000

BEAVERTON, ORE. March 5, 2002 - PLUS Vision Corporation of America, the leader in projector miniaturization technology, announces the brightest, most portable projector in its family of products, the 2000 lumen, 5.6-pound U2-X2000. In addition to 2000 lumens of brightness for richly detailed images, the U2-X2000 XGA projector includes a CompactFlash card insert and presentation download software, taking ultraportability to a new level by eliminating the need to carry a PC. The U2-X2000 is based on Texas Instrument's Digital Light Processing™ (DLP) and has an MSRP of $6495.

PLUS Vision Corp., the new entity resulting from the January 2002 merger of PLUS Corp. of America and Lightware, Inc., recently introduced its initiative to add high lumen machines to its product line while maintaining a small footprint and light weight. The U2-X2000 is a significant achievement for PLUS Vision and compliments its existing family of ultraportable projectors with this high lumen 5.6-pound projector that is both bright and versatile.

PLUS Vision continues to lead the industry in projection miniaturization, and now, with the U2-X2000, we demonstrate our ability to bring the brightness of our line up to a remarkable level without increasing weight," said S. Mark Hand, vice-president of sales and marketing for PLUS Vision. "At 2000 lumens, this projector is bright enough for any application, including fully lit conference rooms, and at 5.6 pounds it is small enough to be shared within an organization or taken on the road without a PC."

The U2-X2000 is packed with a feature set that can be utilized to maximize the impact of any presentation. For example, with the U2-X2000's chalkboard function, a presenter can use a mouse to draw images directly onto the screen, adding relevant information and drawing attention to specific details. The U2-X2000 also includes digital and manual zoom, manual focus, and digital keystone correction functionality. A 3-in-1 remote manages projector settings, PC mouse commands and includes a laser pointer.

PLUS Vision has enabled digital connectivity on the U2-X2000, including a Digitial Video Interface (DVI) for high-quality digital-to-digital image reproduction. This terminal emiminates the conversion to analog and thereby allows the U2-X2000 to deliver a perfect image. The U2-X2000 includes full multimedia capabilities and supports the latest video standards including HDTV with 480p, 720P and 1080i High Definition imaging. With its intuitive set-up, users can easily connect the projector to any video source and quickly switch between PCs, DVDs, digital camcorders and TVs. The new unit is available through the PLUS Vision Dealer network and can be viewed at www.plus-america.com.

About PLUS Vision's Product Line: PLUS Vision offers a full line of portable projectors including four additional 5.6-pound options in the U2 series ranging from 1100 lumens to 2000 lumens of crisp brightness. PLUS Vision also has the largest offering of 3-pound projectors, with six different projectors to choose from. Additionally, PLUS Vision offers the world's first and only 2-pound projectors, the V-807 and V-1080. For more information on these projectors, please visit www.plus-america.com.

In October 2001, PLUS launched its Home Theater group with the introduction of the Piano(HE-3100). The piano is the industry's first design-built home theater projector for under $3,000. For more information, please visit www.plushometheater.com.

About PLUS Vision of America

With its corporate headquarters and the Home Entertainment Group in Allendale, N.J., and the Commercial Products Group in Beaverton, Ore., PLUS Vision Corporation of America manufactures and markets extremely sophisticated, ultraportable and affordable digital projectors and home theater products. PLUS Vision's presentation technology is designed to meet the needs of mobile professionals in business, education and government. PLUS Vision also offers full-featured electronic copyboards and real-time interactive whiteboards. PLUS Vision Corp. of America is a new entity formed from the January 2002 merger of PLUS Corporation of America and Lightware. The company is a wholly owned subsidiary of PLUS Group of Japan. The PLUS Group has a 50-year-old history and consolidated revenue of $1.7 billion from its presentation, office and communications products.

PLUS Vision projectors feature Digital Light Processing™ (DLP) technology. DLP is a trademark of Texas Instruments.