InFocus Announces Entry Into Home Entertainment Market Through Partnership With Toshiba Corporation.Business Editors/High-Tech Writers WILSONVILLE, Ore.--(BUSINESS WIRE)--Oct. 17, 2001 InFocus(R) Extends Its Award-Winning Projection Technology to the Home Through Leading Consumer Brand InFocus(R) Corporation (Nasdaq:INFS INFS InFocus Corporation (stock symbol) ), (OSE OSE - Open Systems Environment :IFC (Internet Foundation Classes) A class library from Netscape that provides an application framework and graphical user interface (GUI) routines for Java programmers. IFC was later made part of the Java Foundation Classes (JFC). See JFC, AFC and AWT. See also ICF. ), the worldwide leader in digital projection, today announced its entry into the home entertainment market through a partnership with Toshiba Corporation (company) Toshiba Corporation - A Japanese technology manufacturer with 364 subsidiaries worldwide. Toshiba makes and sells electronics for home, office, industry and health care including information and communication systems, electronic components, heavy electrical apparatus, , Tokyo. Under terms of the agreement, InFocus will supply Toshiba with a digital projection platform optimized for video display and certified for home use. The agreement also provides for future technology and product exchanges between InFocus and Toshiba. "InFocus has enjoyed a decade of leadership in the professional digital projection market, and we are now expanding into the home entertainment segment," explains John V. Harker, InFocus chairman, 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. . "InFocus and Toshiba have shared a good working relationship for some time now and we expect this initial home entertainment projector to build on that success." By adding home entertainment projectors to its product line and partnering with Toshiba in the consumer market, InFocus will benefit from Toshiba's established global sales channels and strong brand presence in the home. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. 2001 IDC report on front projection, there are as many as 100,000 home entertainment projectors in use today. This number is expected to more than triple by 2003. In addition, IDC reports that home front projection could replace the purchase of a large screen television or other home entertainment products if the technology was more widely understood and available. "Toshiba is the world leader in rear-projection TVs and large-screen CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. TVs and we expect further expansion in our home entertainment front-projection TV A device that projects TV onto a white or silver fabric screen that is wall, ceiling or tripod mounted. It uses the same types of technologies as data projectors, which accept computer output, but projection TVs are designed to process standard and high-definition TV signals. business," said Masaaki Hayashi, senior manager of the Visual Imaging Systems Dept., Visual Media Network Division of Toshiba's Digital Media Network Company. "Our good relationship with InFocus will support us in expanding our line-up of liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. and digital light processing projection TVs and allow us to meet a broad range of customer needs." About Toshiba Corporation Toshiba Corporation is a leader in information and communications systems, electronic components, consumer products, and power systems. The company's integration of these wide-ranging capabilities assures its position as an innovator in advanced components, products, and systems. Toshiba has 188,000 employees worldwide and annual sales of over US $47 billion. Visit Toshiba's website at www.toshiba.co.jp/index.htm. About InFocus Corporation InFocus(R) Corporation (Nasdaq:INFS) (OSE:IFC) is the worldwide leader in designing, manufacturing and marketing award-winning digital projectors, technologies and services. The company provides its global customers with the industry's most comprehensive line of projectors and presentation products marketed under its three brands: InFocus, Proxima and ASK. Solutions range from three-pound mobile projectors to feature-packed conference room products to large audience fixed installation solutions. InFocus products and services have been recognized for excellence by business and trade publications including CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Magazine, Smart Business and Mobile Computing & Communications. InFocus Corporation's global headquarters are located in Wilsonville, Oregon. For more information, visit the InFocus Corporation web site at www.infocus.com or contact the company toll-free at 800/294-6400 (U.S and Canada) or 503/685-8888 worldwide. Note to Editors: InFocus and Proxima are registered trademarks and ASK is a trademark of InFocus Corporation |
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