The Company has a number of products in development with introduction planned during the next several years. For the TV market, the Company is developing an advanced line multiplier and scaling video processor for very large screen high resolution systems, a video processor for liquid crystal display ("LCD") and Digital Light Processing-TM- based projector systems ("DLP") products and a video processor for less sophisticated industrial applications. The Company is also developing a rear screen projection TV incorporating the Company's line multiplication and enhancement technology. For the OEM TV projection market, the Company is developing a board level decoder with video enhancement features. For the broadcast market, the Company is developing an upconverter that utilizes Faroudja technology to deliver HDTV quality video images from NTSC sources. Field testing is planned for the fourth quarter of 1997 35 <PAGE> and, if such testing is successful, the Company expects to begin sales of this product in the first quarter of 1998. The upconverter is intended to provide broadcasters with the ability to leverage their existing analog equipment and systems to produce programming in various DTV/HDTV video formats. The Company is also developing studio quality NTSC/PAL decoders for broadcast and postproduction applications. For the PC/TV market, the Company is in the final stages of developing a video decoder integrated circuit, which includes synchronization, time base correction and detail enhancement. The Company is also developing "Presentation Plus," a line multiplier and scaling video product for high resolution video computer monitors that incorporates time base correction, image enhancement and video synchronization. The Company's other planned research products include expanded development of line multipliers and compression pre-processors which include noise reduction to increase compressor efficiency, and the extension of the Company's technology to low bandwidth use for such applications as teleconferencing and video telephones. |