Applied Photonics Technology Inc. Reaches Agreement With AMP for the Development and Production of the First ColdPower Display Systems.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--July 1, 1998--Applied Photonics Technology Inc. (APT (Automatic Programmed Tools) A high-level programming language used to generate instructions for numerical control machines. 1. (language) APT - Automatically Programmed Tools. 2. (company) APT - Audio Processing Technology. ) announced today that it has reached an agreement with AMP Inc. (NYSE NYSE See: New York Stock Exchange :AMP) "for the development of display panels which are capable of showing video quality images or messages when used in an outdoor mode." The video panels will be the first commercial products incorporating APT's patented display technology, ColdPower(TM). ColdPower is a breakthrough technology, representing the future for large format full color video displays. APT's low power products make it possible to economically deliver "billboard sized" high quality video presentations even in direct sunlight. Under the terms of the agreement, APT and AMP will develop four pre -production displays in various sizes. In return for their hardware and development, AMP will be the company's exclusive supplier of certain components and subsystems for periods of three to five years. The immediate applications of ColdPower displays are in the spectacular video shows seen at rock concerts, athletic events and from the walls of skyscrapers surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. Times Square in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . APT's proprietary technology will revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the outdoor advertising industry through a programmable television quality changeable message display system. The APT system resolves the deficiencies of brightness, energy consumption, reliability and maintenance costs inherent to other technologies. The world of advertising will soon have a new medium to deliver compelling messages to the public. Located in San Jose, APT is an early stage company in the business of developing new media systems for the outdoor display and advertising industry. Founded in 1997, APT has developed a family of outdoor display products leveraging ColdPower and an extensive intellectual property estate. Current plans call for shipping first products early next year. Headquartered in Harrisburg, Pa., AMP is the world's leading supplier of electrical and electronic connectors and interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. systems. AMP serves customers in the automotive, computer, communications, consumer, industrial and power industries.
CONTACT: Applied Photonics Technology Inc.
Dick Hale, 408/456-2777
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