MITSUBISHI DIGITAL ELECTRONICS AMERICA ANNOUNCES NEW AFFORDABLE HOME CINEMA PROJECTOR

IRVINE, Calif., June 3, 2003 — Mitsubishi Digital Electronics America's Presentation Products Division, maker of award-winning, high-quality presentation and display products, today introduced the Mitsubishi HC2 Home Cinema ColorView™ projector, its first projector designed for home theater enthusiasts. It is highly affordable, easily portable, and more streamlined than bulky plasma or projection televisions, the HC2 ColorView projector provides crisp, clear images from DVDs, computers, VCRs, or even HDTV input signals.

"The HC2 ColorView is our first ColorView projector designed and developed for use at home. It offers the conventional 4:3 aspect ratio since it's still the most popular format for home programs and computer games," said James Chan, director, projector product marketing for Mitsubishi Digital. "Combined with our advanced color controls, high contrast ratio, and high brightness, the HC2 projects a large dynamic image that is perfect for movies, sporting events or video games."

Mitsubishi HC2 also supports 16:9 aspect ratio that means viewers can get a full movie-theater effect with wide-screen visibility. With an extended lamp life of 2500 hours, the HC2 ColorView makes the total cost of ownership economical in the long run.

Mitsubishi Digital's new projector offers ColorView, its patented color algorithm that enables more accurate, more realistic colors. ColorView's most important feature is its six-axis color control function: unlike any other television or projector, both RGB and CMY color palettes can be independently controlled and adjusted like a graphic equalizer, offering viewers ultimate flexibility in creating more accurate colors and realistic images.

The HC2 offers a high resolution of 800 x 600 pixels, 1100 ANSI lumens bright, and a remarkable 600:1 contrast ratio, all in a small, 6.4-pound package that is easy to set-up in the living room, family room, den, or just about anywhere at home. The learning remote control included with the new projector is easily programmed to operate two additional video sources, such as a DVD player or VCR, allowing users to switch easily between displays and eliminating the need for expensive control systems typical with other projectors.

Aki Ninomiya, director, Mitsubishi Digital, said, "We're famous for our high-quality imaging products in the home as well as business, and are pleased to continue that trend with a new home theater projector, complete with our characteristic product excellence and engineering."

The HC2 ColorView is available at $1,999 MSRP with a two-year warranty on parts and labor plus a 90-day warranty on the lamp, and will be available in popular resellers of home theater displays and retail outlets.

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 in its line of ColorView(r) projectors. 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.