PROJECTAVISION AND TI ANNOUNCE ALLIANCE; Combination Front/Rear Screen Projection Television to Use TI's DLP System.NEW YORK--(BUSINESS WIRE)--November 1, 1995--Projectavision, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PJTV) today announced a developmental alliance with Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. Incorporated (NYSE NYSE See: New York Stock Exchange : TXN TXN Texas Instruments (stock symbol) TXN Transaction (databases) TXN Tunxi, China (Airport Code) TXN Tarxien (postal locality, Malta) ) to incorporate TI's Digital Light Processing(TM) (DLP (Digital Light Processing) A data projection technology from TI that produces clear, readable images on screens in lit rooms. DLP is used in all types of projection devices, from data projectors that weigh only a few pounds to large rear-projection TVs to electronic (TM)) projector technology for use in Projectavision's unique Home Theater consumer projection television. The new television will feature proprietary technologies from each company, including Projectavision's patented interchangeable front and rear screen Home Theater Television System. Projectavision's new television system allows one projection unit to be used for both front and rear projection applications and offers the versatility of displaying standard or wall-sized images for television and Super VGA computer displays. Projectavision intends to incorporate TI's DLP projection technology because it promises compact size and weight and high image quality in this unique hybrid computer and television display. "By combining TI's DLP projector engine and our interchangeable front and rear screen technology, Projectavision has the potential to deliver an affordable system for television or Super VGA computer displays with extremely bright, sharp, giant-sized digital images which are dramatically superior to the large screen televisions in homes today," said Marty Holleran, Projectavision's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "Texas Instruments works with innovative companies like Projectavision because they will develop new and exciting ways to bring DLP based projectors to market," said Jack Harrod, executive vice president and manager of the Digital Imaging Business Group. "We believe Projectavision's unique combination front/rear screen concept offers the potential to open new avenues for DLP systems in the consumer electronics market." "TI's DLP system for projection display is based on the company's patented Digital Micromirror Device A Digital Micromirror Device, or DMD is an optical semiconductor that is the core of DLP projection technology, and was invented by Dr. Larry Hornbeck and Dr. William E. "Ed" Nelson of Texas Instruments (TI) in 1987. (TM) (DMD (1) (Digital Micromirror Device) See DLP. (2) (Digital Multi-layer Disk) See high-def DVD formats. (TM)). The DMD microchip is a highly integrated semiconductor "light switch." A DLP projector combines DMD microchips with digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). , memory, software, optical components, and an illumination source to create extremely bright, high resolution display systems. Texas Instruments Incorporated, based in Dallas, Texas, is a high-technology company with sales and manufacturing operations in more than 30 countries. TI products and services include semiconductors; defense electronics systems; software productivity tools; printers; notebook computers and consumer electronic products; custom engineering and manufacturing services; electrical controls; and metallurgical materials. More information on TI is located on the World Wide Web at http://www.ti.com Projectavision has developed patented and patent pending technologies which significantly enhance projected television images. Projectavision has also developed patented and patent pending technologies for interchangeable front and rear screen Home Theater Television systems. CONTACT: Marvin Maslow or Dave Leonnig Projectavision, Inc. Texas Instruments, Inc. 212/971-3000 214/995-8147 or Reba Russell Edelman Worldwide 214/443-7578 |
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