TWO NEW CANON MULTIMEDIA LCD PROJECTORS DISPLAY IMPORTANT FEATURES AND EXCEPTIONAL VALUE

LAKE SUCCESS, N.Y., March 22, 2005 — Canon's new LV-7230 and LV-S4 multimedia projectors are engineered to attract buyers with performance and price, while impressing audiences with quality images. Whether presenting to a conference room of businesspeople or a classroom of students, both projectors feature Genuine Canon Optics, and unique benefits that meet a wide range of needs. The LV-7230 model includes a 1.6x optical zoom lens that can display a dramatic 100-inch diagonal image from only 8.2 feet away, making it ideal for presenting to groups in small spaces; the LV-S4 projector combines a compact, lightweight housing with an exceptionally affordable price.

"Canon projectors have been engineered to respond to practical user needs and budgets," said Yukiaki Hashimoto, senior vice president and general manager of the Consumer Imaging Group at Canon U.S.A., Inc., a subsidiary of Canon Inc. (NYSE CAJ). "The newest LCD projectors are another example of how Canon meets the requirements and budgets of our customers, without sacrificing quality performance."

The new LV-7230 projector weighs 6.4 pounds, features 2000 ANSI Lumens and delivers native XGA resolution image quality. The LV-S4 weighs 5.l pounds, features 1500 ANSI Lumens and delivers SVGA resolution images.

The LV-7230 model boasts a 380:1 contrast ratio and a low 34dB operating noise level in Silent Mode, while the LV-S4 offers a contrast ratio of 300:1 and an impressive 33dB noise level. Regarding image uniformity, the LV-S4 offers 85% while the LV-7230 offers 90%. Both projectors feature a digital keystone adjustment of +/-20 degrees (vertical), progressive-scan circuitry that converts a 480i (NTSC) or 575i (PAL) signal to progressive display using 2:3 pulldown for improved image quality when projecting film-originated DVDs or TV content, and a customizable logo display that lets users display their favorite image, company, or school logo on the start-up screen.

For classroom applications, both projectors are equipped with a Greenboard mode, which provides teachers and lecturers lacking access to a screen the convenience of projecting directly onto a green chalkboard while the projector automatically adjusts the color balance to offer more natural results.

The LV-7230 and LV-S4 projectors can be connected to a Canon camcorder or digital camera, as well as a laptop, DVD player, VCR, or other devices, which provides users with the ability to create high-impact presentations in any environment. Both models include a VGA output terminal for sending a signal to a computer monitor. The two projectors are also equipped with a wireless remote control, user-friendly on-screen display menu, and the LV-7230 even includes a USB mouse control that enhances operation function and ease. A pin code and key lock function, available on both models, prevents unauthorized users from accessing the projector.

Businesses and educators can also benefit from the optional LV-RCO2 Presentation Kit, a remote control with USB Remote Receiver that can be used as a wireless mouse, and can control key projector functions commonly used during a presentation.

"Canon's new LV-7230 and LV-S4 projectors provide users with an impressive list of benefits that will allow them to add value to any presentation, teaching or general display situation," added Hashimoto.

The Canon LV-7230 projector, available in April, has a suggested list price of $2,299*; the LV-S4 projector, available in May, has a suggested list price of $1399*. The LV-RC02 Presentation Kit, also available in May, has a suggested list price of $120*. All models may be purchased at authorized Canon dealers.

About Canon U.S.A., Inc.
Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. The Company is listed as one of Fortune's Most Admired Companies in America, and is ranked #35 on the BusinessWeek list of "Top 100 Brands." Its parent company Canon Inc. (NYSE:CAJ) is a top patent-holder of technology, ranking third overall in the U.S. in 2004, with global revenues of $33.3 billion. For more information, visit www.usa.canon.com.

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*Actual prices set by dealers and may vary.
Specifications subject to change without notice.