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Technology Stocks : Faroudja FDJA -- Ignore unavailable to you. Want to Upgrade?

To: Dennis who wrote (153)	6/3/1998 9:25:00 AM
From: Gerald Thomas	Read Replies (1) \| Respond to of 249

Digital Projection Ltd. to Use Faroudja's FLI2000 Video Decoder and Signal Processor Chip in Its DLP Product Line June 3, 1998 09:02 AM SUNNYVALE, Calif.--(BUSINESS WIRE)--June 3, 1998--Faroudja Inc. FDJA Wednesday announced that it has received an order for its recently introduced FLI 2000 NTSC/PAL Video Decoder and Signal Processor chips with Time Base Correction from one of the world's leading manufacturers of digital video projectors, Digital Projection Ltd. of Manchester, England. Digital Projection produces a range of super-high-quality, high-brightness digital video projectors, called POWER Displays, for large screen reproduction of video and computer images. At the core of Digital Projection's technology is Digital Light Processing (DLP) from Texas Instruments. POWER Displays feature more than 1 billion colors in their reproducible spectrum, resulting in unparalleled images. The FLI 2000 chip integrates the complete Faroudja patented decoding path to provide sharper video signals for large-display projector systems, large-screen televisions and PC graphics and video boards. The FLI 2000 chip combines the updated technologies of three previously designed Faroudja chips into one highly integrated, mixed-signal chip that contains more than 1.2 million transistors, equivalent to more than 300,000 logic gates. Michael J. Moone, president and CEO of Faroudja, noted: "Digital Projection's products are an excellent platform for Faroudja technology. We believe that the FLI 2000 chip technology enables our customers to produce 'best in class' products. We're extremely pleased that this industry-leading manufacturer has recognized the value that Faroudja technology brings to products around the world." Faroudja's growing number of consumer and commercial products are designed to bring HDTV-quality images to the digital broadcast, display, PC/TV convergence and home theater markets. Faroudja is recognized around the world for its superior video processing technology, and holds more than 50 patents. Faroudja has received numerous awards, including an Emmy award for Engineering Development. Except for historical information contained herein, the matters set forth in this news release are forward-looking statements that are subject to risks and uncertainties, including timely development and acceptance of new products, the impact of competitive products and pricing, fluctuations in operating results and seasonality, changing TV standards, dependence on strategic relationships and key employees, and other risks set forth under the caption "Factors Affecting Future Operating Results" in the company's Annual Report on Form 10-K for the year ended Dec. 31, 1997, and other reports filed with the SEC. Top