DALSA Receives $20 Million Contract To Supply Image Sensor Chips For Professional Photography.WATERLOO, Ontario Coordinates: Waterloo is a city in Ontario, Canada. It is the smallest of the three cities in the Regional Municipality of Waterloo, and is adjacent to the larger city of Kitchener. -- DALSA Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DSA (1) (Directory Server Agent) An X.500 program that looks up the address of a recipient in a Directory Information Base (DIB), also known as white pages. It accepts requests from the Directory User Agent (DUA) counterpart in the workstation. ) announced today it has received a contract to supply Charge Coupled Device (CCD CCD in full charge-coupled device Semiconductor device in which the individual semiconductor components are connected so that the electrical charge at the output of one device provides the input to the next device. ) image sensor An image sensor is a device that converts a visual image to an electric signal. It is used chiefly in digital cameras and other imaging devices. It is usually an array of charge-coupled devices (CCD) or CMOS sensors such as active-pixel sensors. chips to Mamiya, a leading manufacturer of professional "medium format" cameras. DALSA will supply the customer with a minimum quantity of sensors valued at $20 million. The contract is for a five year period but the Company expects the minimum quantity to be delivered over the next two years with the potential for follow-on orders. DALSA's 22 million pixel CCD image sensor chips will be "the eyes" of the new Mamiya ZD, the world's first fully integrated and portable (non-tethered) medium format digital camera. The professional grade device is being launched this week at Photokina, the world's largest photography and imaging trade show. Medium format cameras are used extensively by commercial photographers for advertising, wedding, portrait, and landscape work. Compared to the smaller 35mm format, the imaging area on a medium format camera is several times larger, providing sharper, higher quality images with significantly more detail. As in other areas of photography, medium format is rapidly transitioning from film to digital. The move is being fueled by the availability of viable digital camera and workflow solutions that allow commercial photographers to eliminate film costs and significantly increase productivity. "We're extremely pleased to be supplying our image sensor chips for the very high end of professional digital photography," said Savvas Chamberlain, 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. of DALSA Corporation. "This contract clearly underscores DALSA's strength in applying its leading edge technology to the fastest growing imaging segments. It also provides good visibility into the prospects of our imaging business as we move into 2005." DALSA expects shipments under the contract to begin in late 2004 with an anticipated ramp-up in 2005 once the customer's camera gains broad market acceptance. Anticipated revenues for 2004 have already been included in the Company's recently updated revenue targets for the year. About DALSA Corporation DALSA is an international high performance semiconductor and electronics company that designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, and highly engineered semiconductor wafer processing. Products and services include image sensor components; electronic digital cameras; and semiconductor wafer foundry services for use in MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. , high-voltage semiconductors, image sensors and mixed-signal CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. chips. DALSA is a public company listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "DSA". Based in Waterloo, ON, Canada, the Company has operations in Bromont, QC; Colorado Springs, CO; Eindhoven, The Netherlands; Munich, Germany and Tokyo, Japan. DALSA Corporation (TSX:DSA) |
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