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IN FOCUS SYSTEMS, MOTOROLA FORM JOINT VENTURE TO MANUFACTURE FLAT PANEL DISPLAYS IN UNITED STATES

 IN FOCUS SYSTEMS, MOTOROLA FORM JOINT VENTURE
 TO MANUFACTURE FLAT PANEL DISPLAYS IN UNITED STATES
 TUALATIN, Ore., Aug. 20 /PRNewswire/ -- In Focus Systems Inc. (NASDAQ: INFS) and Motorola Inc. (NYSE: MOT) today announced the execution of an agreement in principle to form a joint venture to manufacture liquid crystal displays (LCDs) in the United States.
 Today, nearly all of the world's high resolution LCDs are manufactured in the Pacific Rim. The new manufacturing facility, which is planned to be located in the Portland area, will allow the two companies to apply In Focus' proprietary new Active Addressing technology to a broad range of portable computing and communications display products.
 As part of this agreement, the companies announced that, subject to the execution of definitive agreements, Motorola will take a minority shareholder position (20 percent) in In Focus by purchasing 2.2 million shares of In Focus stock at a price of $10 per share.
 The joint venture expects to begin producing small LCDs (i.e., 6.5 inches or less) by the end of 1994 for initial use in products such as projection systems and personal communications devices. Plans call for later expansion of the plant's capacity to produce larger format displays for the broader market.
 The joint venture will also be responsible for marketing application specific integrated circuits (ASICs) manufactured by Motorola that embody the Active Addressing technology. These ASICs are expected to be in production and available worldwide by the end of 1993. The Active Addressing technology is designed to deliver video speeds and high contrast to a broad range of applications using the proven high yields and low cost of passive matrix LCD technology.
 "We believe Active Addressing technology will substantially improve the price/performance of passive matrix liquid crystal displays," said Steven R. Hix, In Focus chairman. "We are also pleased that a company with Motorola's reputation for high quality and technological excellence shares that vision."
 "In Focus has developed a key core technology that we believe will dramatically impact the LCD industry," said Robert Growney, senior vice president and general manager of Motorola's Paging and Wireless Data Group. "In this joint venture, we will be bringing together unique skill sets from each partner to firmly establish this breakthrough in the market," Growney added.
 Motorola is one of the world's leading providers of electronic equipment, systems, components and services for worldwide markets. Products include two-way radios, pagers and telepoint systems, cellular telephones and systems, semiconductors, defense and aerospace electronics, automotive and industrial electronics, computers, data communications and information processing and handling equipment. Sales in 1991 were $11.3 billion. The company's headquarters are located at 1303 E. Algonquin Rd., Schaumburg, IL 60196.
 In Focus Systems Inc. is a leader in developing, manufacturing and marketing innovative products using proprietary flat panel LCD technology to present output from personal computers. The company fulfills a broad range of presentation needs with a complete line of products. The company's headquarters are located at 7770 S.W. Mohawk St., Tualatin, OR 97062.
 -0- 8/20/92
 /CONTACT: Joseph I. Martin of In Focus Systems, 503-692-4968; or George Grimsrud of Motorola, 708-576-2346; or Sharon VanSickle of KVO Public Relations, 503-645-1551, for In Focus Systems; or Heidi Flannery of in.ves'com, 503-221-2087, for In Focus Systems/
 (INFS MOT) CO: In Focus Systems Inc.; Motorola Inc. ST: Oregon, Illinois IN: CPR SU: JVN


SC-JH -- SE002 -- 1567 08/20/92 07:50 EDT
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Publication:PR Newswire
Date:Aug 20, 1992
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