DALSA to Supply Custom Image Sensor Chips to Imaging Dynamics.WATERLOO, Ontario -- DALSA Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DSA), an international high performance semiconductor and electronics company, today announced it has received a major contract from Imaging Dynamics Company Limited ("IDC") (TSXV: IDL (1) (Interface Definition Language) A language used to describe the interface to a routine or function. For example, objects in the CORBA distributed object environment are defined by an IDL, which describes the services performed by the object and how the data ), a leading provider of digital radiography systems. Under the terms of the contract DALSA will develop a custom 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 chip and provide volume production over a period of 30 months. Deliveries to IDC are expected to begin in the fourth quarter of 2005. The contract is valued at CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $5.1 million. The DALSA image sensor chips will be "the eyes" of IDC's new Xaminer(TM) line of digital x-ray detectors, which uses digital imaging technology to replace traditional film in general radiography imaging applications. The Xaminer line is specifically designed for large, cost sensitive markets such as China, India, and Brazil that require the high patient throughput of digital radiography, with competitive levels of image quality and dose efficiency. "I am very pleased that DALSA will be supplying image sensor chips to IDC. This contract is yet another excellent example of how leadership in technology enables Canadian companies to successfully expand into new world markets," commented 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. "We are pleased to be partnering with another Canadian company on this truly global initiative," said Darryl Stein, IDC's President and CEO. "DALSA's technology has some phenomenal features and we are excited to employ this chip into our Xaminer series." 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, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components; electronic digital cameras; vision processors; image processing software; 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 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". The Company has its corporate offices in Waterloo, ON and over 1000 employees world-wide. About IDC IDC is the world's leading provider of affordable Digital Radiography (DR) systems. IDC Xplorer Direct Capture technology replaces conventional film based X-Ray and provides a cost effective alternative to inefficient cassette based Computed Radiography (CR) systems. The IDC Xplorer provides the industry's highest resolution radiographic radiographic (rā´dēōgraf´ik), adj relating to the process of radiography, the finished product, or its use. images in the digital format needed for modern Electronic Medical Records networks, without the use of film, chemistry, cassettes or expensive imaging plates. IDC is based in Calgary, Alberta. This press release contains forward looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements are detailed from time to time in DALSA's periodic reports filed with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other regulatory authorities. DALSA has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. DALSA Corporation (TSX:DSA) |
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