Global Display Partners with Oplus Technologies on Broad Range of High-end Digital Display Products.Business Editors/High-Tech Writers YOKNE'AM, Israel & HONG KONG--(BUSINESS WIRE)--June 14, 2004 Oplus(R) Technologies, Ltd., a leading provider of innovative system-on-chip and software solutions for Flat Panel TVs and digital displays, and Global Display Ltd., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Global-Tech Appliances Inc., today announced that Global Display has selected several Oplus display and video processors to power multiple lines of digital displays. The Oplus-based Plasma Display Panels (PDPs), LCD-TVs and projectors are being offered by Global Display as OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and products to brand marketers throughout Asia, 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. and Europe. Global Display was established in mid-2003 to address the bourgeoning flat panel TV market for its parent company, which is a major manufacturer of small household appliances. The new company is pursuing an aggressive program of developing and marketing high-end display products. Less than a year after it was founded, Global Display has already begun marketing its first LCD-TVs and PDPs, most of which are based on Oplus processors. It also has several additional Oplus-based products in development, including a high-end front projector. This first line of PDPs comprises a 42" model based on Oplus' Rembrandt(TM)-102 digital display processor and Matisse(TM)-1 digital video de-interlacer chip, as well as 42" and 32" PDPs that use Oplus' Monet(TM)-203 integrated multimedia digital display processor chip. Global Display will also offer a series of high-end LCD-TVs with 40", 32" 30", 26" and 23" screens, all of which will be driven by the Monet-203 processor. The upcoming front projector will also be based on the Monet-203 chip. "Our alliance with Oplus has been instrumental in allowing Global Display to get to market so quickly with a wide range of LCD-TV and PDP (1) (Plasma Display Panel) See plasma display. (2) (Policy Decision Point) See COPS and XACML. (3) (Programmed Data P products is," said Jimmy Lau, Director of Sales & Marketing at Global Display. "We chose Oplus to provide the main processor in all our initial larger screen devices because they were able to provide us with an extensive suite of high-end features, along with the comprehensive support we needed to quickly enter this competitive market. I am very pleased to report that the positive response we have received in our sales meetings with leading brand companies validates our approach and our choice of partner." Yair Alpern, 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 Oplus Technologies added: "Global-Tech Appliances' entrance into the flat panel TV market through its Global Display subsidiary confirms the immense potential of this market. We applaud their vision and are proud to partner with Global Display to develop a wide variety of digital display devices that deliver numerous performance, image quality and cost advantages." About Global Display Global Display is a wholly owned subsidiary of Global-Tech Appliances Inc., a publicly listed company on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE NYSE See: New York Stock Exchange : GAI GAI General Applet Interface GAI Giustizia e Affari Interni (Italian) GAI Global-Tech Appliances Inc GAI Guild of Architectural Ironmongers GAI Global Atmospherics Inc GAI General Ability Index GAI Great American Insurance ). Global Display is currently in the process of developing a wide range of higher-value and technologically advanced consumer products incorporating Flat-Panel Displays (FPDs). With its own dedicated and experienced technical and marketing staff, Global Display plans to utilize Plasma (PDP), Thin Film Transistor Liquid Crystal (TFT LCD), Liquid Crystal on Silicon Liquid crystal on silicon (LCOS or LCoS) is a "micro-projection" or "micro-display" technology typically applied in projection televisions. It is a reflective technology similar to DLP projectors; however, it uses liquid crystals instead of individual mirrors. (LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ), optical, and digital technologies to develop and produce several lines of sophisticated and consumer-friendly FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. products. Further information is available at www.globaldisplay.com.hk. About Oplus Technologies Oplus Technologies Ltd. is a privately held, fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. that designs, develops and markets integrated circuit and software solutions for flat panel Plasma and LCD-TVs, Projection Systems, LCD multi-function monitors and emerging digital display applications. Oplus' feature-enhanced products use its proprietary "Display to Perfection(TM)" advanced video and image processing algorithms to address the most demanding digital display applications. Oplus Technologies is headquartered in Yokne'am, Israel and has distribution and support channels in all major markets. Further information is available at www.oplus.com. (C)2004 Oplus Technologies, Ltd., Oplus, the Oplus logo, Display to Perfection, The Art of Display, Raphael, Matisse, Monet, and Raphael are trademarks of Oplus Technologies Ltd. and may be registered in certain jurisdictions. All other names and marks are the property of their respective owners. |
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