Brillian Announces Strategic Partnership with Suntron Corp. to Manufacture Its High-Definition Televisions; Brillian Leverages Suntron's Expertise in HDTV and Light Engine Manufacturing.TEMPE, Ariz. -- In a move designed to ramp its manufacturing capacity, Brillian Corp. (Nasdaq: BRLC) announced today a multi-year strategic partnership with Suntron Corp. (Nasdaq: SUNN sunn n. 1. A tropical Asian plant (Crotalaria juncea) having clusters of yellow flowers. 2. A tough fiber obtained from the stems of this plant, used for cordage. ), a leading provider of integrated manufacturing services and solutions, to source and build Brillian HDTVs and build proprietary Brillian Light Engines. Under terms of the agreement, volume production of Brillian's large screen rear-projection HDTVs is expected to commence in the third quarter of 2005. "This is a winning partnership for both companies," said Vincent F. Sollitto Jr., Brillian president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Given Suntron's extensive management experience in building large screen TVs as well as a full year of current manufacturing experience with us, we are confident Suntron understands the depth and breadth of our technology. Simply put, we are setting a new standard for HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates performance with liquid-crystal-on-silicon (Gen II LCoS(TM)) by delivering outstanding performance and unmatched image quality. This manufacturing partnership cements our immediate strategy to catapult customer wins and revenue growth." According to Jim According to Jim is an American situation comedy television series originally broadcast by ABC. The show premiered with little publicity in October 2001, following the surprise hit comedy My Wife and Kids. Bass, president and CEO of Suntron Corp., and a former senior vice president at Sony Corp., "There is no question that HDTV growth worldwide offers an unbelievable opportunity for us. We believe we are well positioned to take advantage of this formidable market. A Brillian partnership is ideal, given Suntron's executive management experience with Sony where we managed the manufacturing of rear projection and flat display TVs -- a $1 billion business." Suntron will assume all supply chain management of Brillian's TVs, as well as support the expansion to volume production. Suntron's plan includes ramped capacity of 1,000 per month in the fourth quarter of 2005 and 3,000 a month by 2006. To achieve this goal, Suntron plans to draw on the development, manufacturing and test capabilities of multiple Suntron sites. "We're thrilled about our new strategic partnership as it combines Suntron's HDTV expertise with Brillian's, the company that we believe will become the undisputed leader in LCoS(TM) performance," Bass added. About Suntron Corp. Suntron is a leading provider of integrated electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). and solutions for the medical, defense and aerospace, networking and telecommunications, semiconductor capital equipment and industrial markets. Headquartered in Phoenix, Suntron operates seven full-service assembly facilities and two quick-turn assembly facilities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Suntron's capabilities include complete system level integration, cable and harness production, box build assembly and printed circuit card assembly. In addition, Suntron offers a complete suite of design and engineering services, quick turn prototyping, product testing and direct order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment . The company has approximately 2,000 employees and contract workers. View www.suntroncorp.com or call 888-530-3382 for more information. About Brillian Brillian Corp. designs and develops rear-projection HDTVs targeted at high-end video/audio OEMs, high-end video/audio retailers, ProAV/CEDIA distributors, and their base of dealers and custom installers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. breakthrough performance and image quality. The company is the first and only provider of Gen II LCoS(TM) technology used in these products. In addition to its high-definition televisions, Brillian also offers a broad line of LCoS(TM) microdisplay products and subsystems that OEMs integrate into proprietary HDTV products, multimedia projectors, and near-to-eye products such as monocular monocular /mon·oc·u·lar/ (mon-ok´u-ler) 1. pertaining to or having only one eye. 2. having only one eyepiece, as in a microscope. mo·noc·u·lar adj. 1. and binocular binocular, small optical instrument consisting of two similar telescopes mounted on a single frame so that separate images enter each of the viewer's eyes. As with a single telescope, distant objects appear magnified, but the binocular has the additional advantage headsets. Brillian's LCoS(TM) microdisplay technologies address the market demand for a high-performance display solution with high image fidelity, high-resolution scalability, and high contrast ratios. The company's Web site is http://www.brilliancorp.com. Brillian, UltraContrast, and LCoS are trademarks or registered trademarks of Brillian Corp. All other trademarks are the property of their respective owners. Visit www.brilliancorp.com or contact hope.frank@brilliancorp.com for additional information at 602-389-8986. Certain statements contained in this press release may be deemed to be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. under federal securities laws, and Brillian intends that such forward-looking statements be subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. Such forward-looking statements include expectations regarding (i) the timing of commencement of volume HDTV production, (ii) the planned unit volume manufacturing capacities by month in the fourth quarter of 2005 and in 2006, (iii) the performance and quality of Brillian's products, and (iv) the customer wins and revenue growth that Brillian will obtain. Brillian cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include (a) the ability of Brillian's suppliers, including Suntron, to fulfill production requirements and delivery schedules; (b) the failure of Brillian products to deliver commercially acceptable performance; (c) the ability of Brillian's management, individually or collectively, to guide the company in a successful manner; and (d) other risks as detailed in Brillian's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . |
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