CopyTele Announces Models of Full Color Thin Flat CRT Displays Showing TV.MELVILLE, N.Y. -- CopyTele, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COPY) announced today that it has produced models of full color thin flat CRT A TV picture tube (CRT) that has a flatter viewing surface than the traditional rounder tube. Up to 30% more glass is used to make the screen flatter. Also known as a "flat screen," "flat face CRT" or "flat square tube (FST)", the flat CRT provides less distortion at the edges and is the displays that are able to show TV programs. The models add functionality to CopyTele's previously announced models of its full color thin flat CRT displays and like the previously announced models can be connected to DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and now VCR VCR: see videocassette recorder. VCR in full videocassette recorder Electromechanical device that records, stores on a videotape cassette, and plays back on a TV set recorded images and sound. players to show color and black and white movies. The thin flat CRT color displays have a 5.5 inch (diagonal) with 960 x 234 pixels. The displays incorporate CopyTele's PIXEL MATRIX ELECTRON CONTROL SYSTEM ("PMECS") and operate at low voltages Low voltage is an electrical engineering term that broadly identifies safety considerations of an electricity supply system based on the voltage used. While different definitions exist for the exact voltage range covered by "low voltage", the most commonly used ones include "mains (less than 40 volts); consume low power; operate over a wide temperature range (-40(degree)C to 85(degree)C); can be viewed with high contrast over approximately 180(degree) viewing angle in both the horizontal and vertical directions; have built-in pixel memory to achieve high brightness; and are thin, rugged, and compact. CopyTele's principal operations include the development, production and marketing of thin, high brightness, flat panel video displays and the development, production and marketing of multi-functional encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. products, hardware and software based, that provide information security for domestic and international users over virtually every communication media. These products are being marketed directly to end-users and through dealers and distributors. For additional information, visit CopyTele's website at www.copytele.com. 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. : Statements that are not historical fact may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are not statements of historical facts, but rather reflect CopyTele's current expectations concerning future events and results. CopyTele generally uses the words "believes", "expects", "intends", "plans", "anticipates", "likely", "will" and similar expressions to identify forward-looking statements. Such forward-looking statements, including those concerning CopyTele's expectations, involve known and unknown risks, uncertainties and other factors, some of which are beyond CopyTele's control, which may cause CopyTele's actual results, performance or achievements, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In evaluating such statements as well as the future prospects of CopyTele, specific consideration should be given to various factors, including the following: CopyTele's prior history of losses and negative cash flows from operations; CopyTele's ability to obtain debt or equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. to continue our marketing, research and development activities, on terms acceptable to CopyTele, if cash generated from operations is insufficient to satisfy our liquidity requirements; the possible development of competitive products that could render CopyTele's products obsolete or unmarketable; and other risks as detailed from time-to-time in CopyTele's filings with the Securities and Exchange Commission. CopyTele undertakes no obligation to update any forward-looking statements as a result of new information, unanticipated events, or otherwise. |
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