Lighthouse Technologies Signs Letter of Intent With Sony to Provide Service Programs for LED Visual Displays

Lighthouse Technologies Signs Letter of Intent With Sony to Provide Service Programs for LED Visual Displays

Collaboration Will Enhance Lighthouse's Customer Service Arm as the Company

Continues its Restructuring Efforts in North America

HONG KONG, August 1 /Xinhua-PRNewswire/ -- Lighthouse Technologies, a leading manufacturer and global supplier of state-of-the-art LED video panels systems for mobile and fixed applications, announced today that it has signed a letter of intent (LOI) with Sony Electronics Inc. to utilize Sony's extensive resources to provide national on-site service programs to Lighthouse's existing and new professional grade LED large screen video customers in North America.

Sony has a long history with large-scale display systems, making them uniquely qualified to provide contract maintenance services and remote system monitoring to professional-grade LED video systems, such as those being sold by Lighthouse Technologies.

Under the LOI, the two companies expect to develop contract maintenance programs and remote system monitoring services catered to Lighthouse's large screen LED display systems. Sony will staff and maintain a North American field service organization complete with emergency spare parts, priority hardware exchange programs, field engineers, and overnight shipping. Lighthouse Technology's service and parts center, located in Irvine, California, will provide material and technical support to Sony's service organization.

"I am thrilled to work with Sony to bring a heightened level of service and customer satisfaction to our customers in North America," said Tony Turiello, Lighthouse's vice president of sales, marketing and operations. "Anyone who has used Sony's professional services in the past knows the company is very capable of delivering and maintaining a high level of customer satisfaction. Under our planned arrangement, Lighthouse customers can expect the same high level of expertise and performance that Sony has built its reputation on."

"For Sony Electronics, this relationship will maximize the expertise, resources and programs we already have in place," said Erwin Ishmael, vice president of professional services in Sony's Broadcast and Business Solutions Company. "In addition to contract and preventative maintenance programs, this is an excellent opportunity for us to demonstrate the value of our remote service monitoring system capabilities."

This LOI comes on the heels of several new product launches at Lighthouse as it continues to meet high demands in the surging digital signage and rental and staging markets. The latest development from Lighthouse is the PopVision, the industry's first portable, self-contained high brightness LED video screen, which debuts in Asia today. The screen is easily transported in a 5' x 2' flight case featuring a wireless remote and hydraulic system that allows the screen to "pop up" for fast, simple set-up. With its 6mm dot pitch, the PopVision is ideal for events requiring sharp visual displays, as well as mobility for challenging staging and event applications.

Other recent Lighthouse LED screen products include a new generation of super-quiet fan-less P10 and R10 panels. These noiseless 10mm panels are ideal for applications such as concert venues, conferences, convention centers, corporate lobbies, faith-based facilities, museums, studios and broadcast events where noise levels must be kept to a minimum.

Lighthouse has seen its products used in a number of high visibility screen installations including: Hong Kong International Airport, Chung King Mansions and the Avenue of Stars in Hong Kong; the thrillingly successful Live 8 show in Hyde Park, London and Berlin; the G8 conference in Scotland; and on the set of Queen's "We Will Rock You" show in Las Vegas, London, Melbourne and Cologne. The company's screens have also been used in several international tours and concerts for artists like Sting, Celine Dion, Metallica and the Red Hot Chili Peppers.

Lighthouse Technologies Limited is a leading LED technology developer, manufacturer and global supplier of state-of-the-art LED modular video panels, which can be assembled into large scale video screens for indoor and outdoor use. Specializing in the research and manufacture of LED video screens, Lighthouse has its own intellectual properties with more than 10 active patents worldwide and is committed to remain as the premier creator of intellectual property value.

The company's LED components, panels and complete video systems undergo stringent quality control with power-on, burn-in processes at ISO9000- certified manufacturing plants. Its products have won several international awards, among them, the Best New Product Award at the National Association of Broadcasters (NAB) show in 2002 and the Buzz of the Show award at InfoComm 2004 in Atlanta, the Technological Achievement Certificate of Merit in the 2003 Hong Kong Awards for Industry as well as the prestigious Consumer Product Design Award and the HKITCC Certificate of Merit in Technological Achievement in the 1999 Hong Kong Awards for Industry. Lighthouse was also recognized as one of the Fastest Growing Technology Companies in the 2002 Deloitte Technology Fast 250.

Lighthouse operates worldwide, through sales offices and technical support teams in the United States, Canada, South America, United Kingdom, Continental Europe, Africa, the Middle East and Asia Pacific. For more information, please visit www.lighthouse-tech.com .

Media Contact:

Miss Joan Lee Lighthouse Technologies Limited 531-537, Building 2,1 Science Park Avenue West, Hong Kong Science Park, Shatin, New Territories, Hong Kong Tel: +852-2192-1672 Fax: +852-2423-1092 Email: jlee@lighthouse-tech.com

Source: Lighthouse Technologies Limited

CONTACT: Joan Lee of Lighthouse Technologies Limited, +852-2192-1672, or fax, +852-2423-1092, or jlee@lighthouse-tech.com

Web site: www.lighthouse-tech.com

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