To: Andrew T who wrote (289 ) 12/9/1997 4:54:00 PM From: Dave B Read Replies (1) | Respond to of 4650
Found it!!!! TELEVIDEO PARTNERS WITH OUTDOOR ELECTRONIC DISPLAY FIRM SAN JOSE, CA (September 3, 1997)-TeleVideo, Inc. (NASDAQ:TELV), a leading manufacturer of high performance computer monitors and terminal displays, today announced the completion of a strategic alliance with Applied Photonics Technology, Inc. (APT), a high-tech engineering firm specializing in advanced electronics display technology. APT has developed electronic Outdoor Media Display systems for advertising use that feature high-resolution, full-color video images comparable to home television picture quality. These are the first and only systems of their kind with the brightness necessary for outdoor viewing in sunlight, greatly broadening the potential applications. This and other technical accomplishments have given APT a significant intellectual property portfolio. Key markets for APT's systems include high-end billboard and illuminated signs, sports stadiums and arenas, transportation terminals, volume retailers and malls, and safety/public information displays. Display sites using APT's technology will be linked into local and national networks, allowing individual display locations to share space and time with a wide variety of advertisers and other information sources. TeleVideo has invested $3 million in the smaller company. Both firms are based in San Jose, CA. "As a pioneer in display solutions, we are very interested in any innovations in this area, and APT's proprietary technology is a major innovation," said Dr. K. Philip Hwang, CEO of TeleVideo. "APT is the first company to make daytime use of electronic outdoor media displays practical, and we believe there will be a considerable demand for their products that will bring us a significant return on our investment." "TeleVideo has over 20 years of contacts in the display manufacturing business, and they already have been instrumental in introducing us to key suppliers for the components we use in our system," said Chuck Antone, CEO of APT. "The synergy between the companies is very promising." # # # # TeleVideo, Inc. has been providing innovative, high performance monitors, terminal displays and multilingual multimedia products for over 20 years. Headquartered in San Jose, CA, TeleVideo is a publicly traded company of the NASDAQ stock exchange under the ticker symbol TELV. TeleVideo can be reached at 800/835-3228 or 408-954-8333 or on the Internet at www.televideoinc.com ----------------------------------------------- 2nd paragraph "These are the first and only systems of their kind with the brightness necessary for outdoor viewing in sunlight, greatly broadening the potential applications. Is this relavent to ADOT???? Dave B