MITSUBISHI DIGITAL ELECTRONICS AMERICA ANNOUNCES NEWEST SUB-COMPACT PROJECTOR

IRVINE, Calif., July 30, 2002 — Mitsubishi Digital Electronics America's Presentation Products Division, maker of award-winning, high-quality presentation and display products, today announced its newest Digital Light Processing (DLP) projector, the XD20 Mini-Mits. The XD20 utilizes Mitsubishi Digital's technological excellence in video processing along with all the worthy features of DLP to produce crisp, clean digital video images as well as rich, brilliant colors. The XD20 Mini-Mits weighs about three pounds, provides 1,000 lumens of brightness, and is targeted for business and personal use.

"Our engineers tweaked and tuned the unit in our lab to upgrade the video technology in the XD20," said James Chan, director, Projector Product Marketing, Presentation Products Division. "Its small form factor, excellent contrast ratio, and brightness make it a great projector for a road-warrior's everyday presentation needs as well as personal video-viewing or gaming applications during down time."

The XD20 Mini-Mits offers XGA (1024 x 768 pixels) native resolution; 650:1 contrast ratio for clear, sharp images; it also comes with zoom and focus lens, and a wireless remote control for easy set-up. Its three-year warranty includes Express Replacement Assistance, Mitsubishi Digital's exclusive 24-hour replacement program, is voted one of the best warranties in the presentation products industry.

The XD20 Mini-Mits will be available August 15, 2002 with a MSRP of $3995 through various authorized Mitsubishi Digital channel partners.

About Mitsubishi Digital Electronics America Presentation Products Division

Mitsubishi Presentation Products Division, a division of Mitsubishi Digital Electronics America, Inc., markets an extensive line of presentation and display products and is known for its award-winning, high-quality, accurate color reproduction technology. Products are sold through authorized distributors, resellers and dealers throughout the United States. Mitsubishi Presentation Products is located at 9351 Jeronimo Road, Irvine, Calif., 92618. For more information, please call 888-880-6351 or visit www.mitsubishi-presentations.com.