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Technology Stocks : EMA eMagin OLED technology

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To: mact who wrote (3)1/7/2004 3:03:54 PM
From: mact  Read Replies (1) of 11
 
looks like their revenues increasing steadily...they lost 0.02 last quarter...revenue was 750K past quarter vs 500K same quarter last yr.

World`s First SVGA OLED Video Headset for Consumers Unveiled at CES -- Leadtek`s eMagin-equipped X-eye HMD

January 06, 2004 07:52:00 (ET)

LAS VEGAS, Jan 6, 2004 (BUSINESS WIRE) -- eMagin Corporation (EMA, Trade) and Leadtek Research Inc. today announced the world's first SVGA resolution Organic Light Emitting Diode (OLED) based video headsets for consumer markets. Leadtek Research, Inc. combined the revolutionary technology of eMagin's power efficient and high speed OLED microdisplays with Leadtek's innovative design knowledge and optics to create the X-eye (tm), the world's most portable and easy to use 3D stereovision capable high resolution imaging headmounted displays (HMDs) for PCs and video. First showings of both monocular and binocular models will be featured at the International Consumer Electronics Show (CES 2004) beginning January 8, 2004 at Leadtek's booth number 22441, South Hall, Las Vegas Convention Center.

-- Large Virtual Screen, High Resolution, Ultra-Low Power

The Leadtek X-eye (tm) glasses-like headset permits users to view large screen SVGA data (800 x 600 picture elements) and DVD movies from PCs or other devices with a RGB output, while providing an equivalent screen size of a 15-inch notebook computer or a 60-inch TV-like high resolution view, while typically using less than 0.5 watts even with the dual display binocular system.

-- Second Virtual Notebook Monitor for Privacy, Spreadsheets,
Multi-Tasking

The display can be easily used as a second "virtual" monitor for notebook PCs for ease of editing multiple documents to provide multiple screens or for data privacy while traveling. The HMD connects to the RGB port on the back of most notebook PCs similar to a monitor or projector. With virtual second monitor capability, a user can view a document on the notebook screen while simultaneously viewing a second document on the headset screen. Using Windows(tm), the documents can slide back and forth between the virtual screen and the notebook screen for dual page editing or working with large spreadsheets. The virtual screen can also simultaneously show active email or even movies at the same time as documents, and either screen can be used independently.

-- 3D Stereovision Imaging for Games and CAD

The binocular version of the Leadtek X-eye can provide true 3D stereovision imaging when used with computer design or game software providing frame sequential 3D. Several popular PC software games and other computer programs on the market now have stereovision capability. Leadtek's X-eye will permit users to fully appreciate 3D imaging with PCs equipped with video cards such as the NVIDIA GeForce(tm) video cards.

K.S. Lu, chief executive officer and president of Leadtek, said "We are pleased to introduce this new economical, high performance, and high resolution stereovision capable headset for PC, PC DVD, and PC game users. eMagin's OLED display power requirement is many times lower than that of LCDs, enabling the headset to be powered by a USB connection without separate batteries or AC power. The high visual quality provided by eMagin's displays has enabled such a product to be created with great portability."

Gary Jones, chief executive officer and president of eMagin, added: "We are excited to have our displays implemented in this first of its kind consumer oriented stereovision HMD. Our SVGA-3D displays were designed for this purpose. Leadtek has designed compact headset systems to comfortably provide a wide view image. Leadtek's X-eye design is ergonomic, practical to use while traveling, and should open an entirely new class of consumer imaging headsets. Even when not used with stereovision, the images produced by this product are impressive."

Specifications and additional information about Leadtek's X-eye are available at www.leadtek.com.tw/hmd/x_eye_2.shtml

Additional information about the exhibit, including a floorplan, is available at www.leadtek.com.tw/event/ces2004/index.html

About Leadtek

Founded in 1986, Leadtek Research, Inc. specializes in the design and manufacture of a wide range of high performance graphics and video solutions. Award-winning products in Leadtek's Computer Group include the WinFast Series 3D graphics accelerators (mainstream and workstation-class), motherboards and multimedia cards. Products in its Communications Group include video telephony, surveillance and GPS solutions. Leadtek has always been focused on intensive R&D, and its ISO9001 manufacturing facility has been recognized as an industry quality leader. Leadtek is committed to a win-win strategy of identifying and meeting the needs of its users, thereby sharing a mutual success with its customers. Leadtek has offices in Taiwan, Japan, Shanghai, The Netherlands, and California. For additional information, please visit leadtek.com.tw or Leadtek CES2004 web information, leadtek.com.tw

About eMagin

The world leader in organic light emitting diode (OLED)-on-silicon microdisplay technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image similar to the real image of a computer monitor or large screen TV. eMagin invented the award-winning SVGA and SVGA-3D OLED microdisplays, the world's first single-chip color video OLED microdisplay and embedded controller for advanced virtual imaging. eMagin's microdisplay systems are expected to enable new mass markets for wearable personal computers, wireless Internet appliances, portable DVD-viewers, digital cameras, and other emerging applications for consumer, industrial, and military applications. OLED microdisplays demonstrate performance characteristics important to military and other demanding commercial and industrial applications including low power consumption, high brightness and resolution, wide dimming range, wider temperature operating ranges, shock and vibration resistance, and insensitivity to high G-forces. eMagin's corporate headquarters and microdisplay operations are co-located with IBM on its campus in East Fishkill, N.Y. Optics and system design facilities are located at its wholly owned subsidiary, Virtual Vision, Inc., in Redmond, WA. Additional information is available at emagin.com or via email at info@emagin.com.

Forward Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those in the forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
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