Syscan Imaging Signs Agreement to Acquire Nanodisplay, Inc. an Innovator in LCoS Chip Design and Technology
01 Noviembre 2005 - 8:30AM
PR Newswire (US)
SAN JOSE, Calif., Nov. 1 /PRNewswire/ -- Syscan Imaging Inc., the
world leader in USB powered portable image scanners announces the
signing of a definitive agreement to acquire Nanodisplay, Inc.,
expanding its HDTV (High Definition TV) display technology group
SysView Technology. In addition to the HDTV technologies already in
development at SysView, Nanodisplay is expected to add yet another
viable technology solution for the rapidly expanding HDTV market.
Nanodisplay has four patents pending surrounding its proprietary
methods and technologies that utilize CNT (Carbon Nano Tube)
technology and an advanced assemblage and integration process.
Nanodisplay is in the process of producing an advanced high yield
LCoS (Liquid Crystal on Silicon) chip with true 1080P resolution.
It is also expected that with this new process technology, upgrades
to 3, 4, and 7M pixels are likely at an accelerated pace. The end
result for the consumer would be significant cost reduction and
increased visual performance and resolution all in a large screen
format. Nanodisplay co-founder Dr. Gihong Kim brings a tremendous
amount of experience with him. Dr. Kim has been a research and
development engineer in the field of semiconductor materials,
process integration and devices for the majority of his 24 year
career. He attributes the genesis of his solution to resolving key
LCoS limitations to his involvement with LCoS since the
technologies initial R&D stages. To his credit Dr. Kim has 20
patents issued and has had 13 papers published in the field of
semiconductor technology. Dr. Kim said, "We have been diligently
working on the LCoS solution while making it scaleable for the
future at Nanodisplay, we believe that now is the right time and
Syscan Imaging is the right partner." Darwin Hu, the Chairman and
CEO of Syscan Imaging said, "We are very excited with the addition
of Nanodisplay which puts us directly in the burgeoning LCoS arena
with the likes of Spatialight, Brillian, eLCoS and others." David
P. Clark, President of SysView Technology added, "We believe that
as more LCoS units become available LCoS will prove to be a
superior platform to DLP, we also believe that Nanodisplay has the
technology solution that will take the LCoS platform to a higher
level." About Syscan Imaging, Inc. Syscan Imaging, Inc. designs and
manufactures imaging technology solutions for a worldwide customer
base. The company currently manufactures and delivers 20 plus
proprietary mobile image-scanning products, which has allowed it to
become the largest OEM -- private label manufacturer of USB driven
mobile scanning systems in the world. Syscan Imaging's intellectual
property portfolio in the imaging area consists of 20 patents with
an additional 4 patents pending. Recognizing the potential to
leverage its years of imaging technology experience and
manufacturing efficiencies Syscan began developing new technologies
targeted towards the HDTV display market under SysView
Technologies, Inc. These products are in various stages of
development and are expected to begin reaching the marketplace in
2006. The products are designed to significantly enhance picture
quality, decrease power consumption, and greatly reduce the
manufacturing costs associated with High Definition televisions.
About Nanodisplay, Inc. Founded by Dr. Gihong Kim and Mr. Charles
Koo, Nanodisplay set its mission statement to quietly combine their
pertinent extensive careers, contacts and expertise to achieve the
goal of creating a revolutionary LCoS design, assemblage and
integration technology solution that would provide high per wafer
yields and ease of upgradeability. The Company has since reached
the point of prototype production and continues to adapt and
enhance its materials, methods and procedures to reach its goal.
All trademarks and copyrights contained herein are the property of
their respective holders. Note on Forward-Looking Statements:
Statements contained in this press release, which are not
historical facts, are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based largely on current
expectations and are subject to a number of known and unknown
risks, uncertainties and other factors beyond our control that
could cause actual events and results to differ materially from
these statements. These statements are not guarantees of future
performance, and readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date of this release. Syscan undertakes no obligation to update
publicly any forward-looking statements. DATASOURCE: Syscan Imaging
Inc. CONTACT: David P. Clark of Syscan Imaging, Inc.,
+1-408-436-9888 Ext. 200
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