Syntax-Brillian to Supply Headplay with Technology for Personal Headset Displays; Multiyear Agreement Enables Creation of Personal Headset Displays for the Consumer Market.TEMPE, Ariz. -- Syntax-Brillian Corp. (Nasdaq: BRLC), a manufacturer and marketer of LCD and LCoS(TM) HDTVs, digital entertainment products and near-to-eye products, today announced that it has entered into a multiyear agreement with Headplay Inc. ("Headplay"), a Los Angeles-based company, to supply parts for Headplay's next-generation personal headsets for the consumer electronics market. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]The supply agreement is projected to generate a total of $17 million in revenues to Syntax-Brillian over its term -- including a $1.8 million initial purchase order for Syntax-Brillian's Z86D-3 liquid-crystal-on-silicon (LCoS(TM)) microdisplay. E[acute accent]"This agreement is the result of nearly five years of fruitful collaboration with Headplay," said Rainer Kuhn, vice president for custom/pro/OEM sales and product marketing for Syntax-Brillian Corp. "With Headplay, we are confident that we have a partner that not only understands our innovative near-to-eye technology, but understands the market and knows how to develop compelling products that consumers will love." E[acute accent]"Syntax-Brillian is the perfect technology partner for our digital entertainment initiatives," said Glen Ward, co-CEO of Headplay and former 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 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Virgin Entertainment Group. "Their innovative LCoS(TM) technology and near-to-eye products integrated into our cutting-edge Personal Cinema System will open up a new world of entertainment." E[acute accent]About Syntax-Brillian Corp. E[acute accent]Syntax-Brillian Corp. (www.syntaxbrillian.com) is one of the world's leading manufacturers and marketers of LCD and LCoS(TM) HDTVs and digital entertainment products. The company's lead products include its Olevia brand (www.olevia.com) of widescreen HDTV-ready and HD-built-in LCD TVs A flat panel TV that uses LCD technology or a rear-projection TV that is based on LCD microdisplay panels. See flat panel TV, rear-projection TV and LCD. -- one of the fastest growing global TV brands -- and its next-generation Gen II LCoS(TM) 720p and 1080p rear-projection HDTVs for the high-end video/audio market. Syntax-Brillian's global supply chain, Asian operations, and North American sales channels position the company as a market leader in consumer and high-end HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates and digital entertainment products. E[acute accent]Brillian and LCoS are trademarks or registered trademarks of Syntax-Brillian Corp. All other trademarks are the property of their respective owners. E[acute accent]About Headplay E[acute accent]Headplay has developed a small, lightweight, technically advanced head-mounted display as part of its Personal Cinema System, the "HEADPLAY(TM) PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ," for the consumer electronics market. E[acute accent]Designed to redefine the price performance category for this market, the HEADPLAY(TM) PCS will be compatible with the majority of gaming and entertainment platforms including: PS1, PS2, XBOX, GAMECUBE, cable boxes and decoders, DVD players, MAC and PC. The HEADPLAY(TM) PCS will also be compatible with the most popular video formats such as NTSC (National TV Standards Committee) The committee that developed the television standards for the U.S, which are also used in Canada, Japan, South Korea and several Central and South American countries. Both the committee and the standard are called "NTSC. , PAL SECAM (SEquential Couleur Avec Memoire, Sequential Color with Memory) A color TV standard from France that was officially introduced in 1967. Although development began in 1956, it took time to convert from the earlier French 819-line system. and Component Video. E[acute accent]Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. E[acute accent]Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and Syntax-Brillian intends that such forward-looking statements be subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. Such forward-looking statements include but are not limited to statements regarding the anticipated revenue, outcome, and benefits of the agreement between the company and Headplay. Syntax-Brillian cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include: (a) changes in markets for the company's products; (b) changes in the market for customer's products; (c) the failure of the company's products to deliver commercially acceptable performance; (d) the failure of Headplay's products; (e) the ability of the company's management, individually or collectively, to guide the company in a successful manner; and (f) other risks as detailed in Brillian's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , the Registration Statement on Form S-4 filed in connection with the merger and the company's subsequent filings with the Securities and Exchange Commission. |
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