BARCO Visualization Division Leads '95 Revenues with Advanced Projectors for Niche Markets.ATLANTA--(BUSINESS WIRE)--Aug. 27, 1996--BARCO, one of Europe's fastest growing electronic companies, announces its best earnings ever for 1995. BARCO's Visualization Division made the largest overall contribution with sales of high-resolution projectors accounting for 45% of the company's $497.7 million in annual revenues. This reflects a significant increase in overall projector sales of 31.7% from 1994. BARCO attributes its strong projector sales to a number of product launches in 1995 and its heavy investment in Research and Development. BARCO's Visualization Division is a combination of BARCO Projection Systems and BARCO Display Systems. BARCO's commitment to Research and Development in 1995 resulted in the introduction of five, powerful high-resolution LCD projectors See LCD TV, data projector and LCD panel. in 1996: BarcoData 2100 LC, BarcoData 3000 LC, BarcoGraphics 8100 LC, BarcoData and BarcoGraphics 9100 LCs. In addition, BARCO launched enhancements to several popular selling CRT projectors A CRT projector is a video projector that uses a small, high-brightness CRT (or picture tube) as the image generating element. The image is then focused and enlarged onto a screen using a lens kept in front of the CRT face. : BarcoGraphics 808 series and BarcoGraphics 1208 series. These new offerings combined with existing projectors provide even more options for high-resolution, video, VGA (Video Graphics Array) The display standard for the PC. All PC display adapters support VGA, and Windows machines boot up in "VGA mode" before switching to higher resolutions. , XGA (EXtended Graphics Array) A screen resolution of 1,024x768 pixels. The term stems from IBM's XGA display standard introduced in 1990, which extended VGA to 132-column text and interlaced 1,024x768x256 resolution. XGA-2 later added non-interlaced 1,024x768x64K. and high-end graphic applications. "BARCO's product strategy of providing highly specialized products for niche markets and defining new growth markets will continue. This is a strategy that remains highly successful for BARCO because it focuses our Research and Development efforts on the specific product needs of our customers and dealers," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Guido Van Linden Linden, city, United States Linden, city (1990 pop. 36,701), Union co., NE N.J., in the New York metropolitan area; inc. 1925. During the first half of the 20th cent. , Vice President/General Manager of BARCO Display Products. "We have found that what we learn from our existing customers stimulates the constant discovery of new niche markets that also require our specialized, advanced display technology." BARCO worldwide has performed with double-digit profit growth since 1992. And, BARCO continues to stay at the forefront of leading edge technology by investing 10% of annual revenues back into Research and Development. BARCO's relentless pursuit of leading edge technology tailored to niche markets provides specialized solutions without the technical limitations of off-the-shelf products. The result is an extensive list of display products that enable presenters to project the best image possible in a range of niche markets from churches, casinos, boardrooms, tradeshow exhibits, auditoriums, concert halls, military simulation Military simulations, also known informally as war games, are simulations in which theories of warfare can be tested and refined without the need for actual hostilities. Many professional analysts object to the term wargames , etc. BARCO BACKGROUND The BARCO Group is headquartered in Kortrijk, Belgium and is organized in four strategic groups: Visualization, Communication, Automation and Graphic Systems. Its U.S. subsidiary, BARCO, Inc., based in Kennesaw, Ga. consists of four-divisions: BARCO Display Products Division, BARCO Graphics Barco Graphics was the graphics division of the Belgian Barco Group. It was the result of the 1989 merger of Digitised Information Systems Corporation (D.I.S.C.), Aesthedes and Barco's own "Creative Group". Division, BARCO Chromatics chro·mat·ics n. (used with a sing. verb) The scientific study of color. chro ma·tist n. Division and BARCO Automation Division. BARCO Display Products Division supplies a full line of video, data and graphic projection systems and large screen display products. CONTACT: BARCO, Inc. Earlene Bentley, 770/590-7900, ext.1221 770/590-8836 (fax) or Crescent Communications Kathleen Dempsey, 770/698-8650, ext. 129 770/698-8651 (fax) |
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