New LED Video Screens Help Lighthouse Clock Record Sales at Industry Event

New LED Video Screens Help Lighthouse Clock Record Sales at Industry Event

Industry Embraces Company's New Products for Digital Signage, Entertainment and Special Events

HONG KONG, August 1 /Xinhua-PRNewswire/ -- Hong Kong-based Lighthouse Technologies, a leading manufacturer and global supplier of state-of-the-art light emitting diode (LED) modular video panels, today announced the availability of three new state-of-the-art video screens that break new ground in digital signage, entertainment and special events.

Today's announcement includes the launch of Lighthouse's PopVision, the industry's first portable and self-sustaining LED video screen that promises to give users a piece of "Times Square in a box." Also making their debut are two new fanless 10mm pixel pitch indoor video screens, the P10 and R10, the industry's lightest fully-integrated LEDs that feature their own built-in power supplies.

According to Mark Chan, Managing Director for Lighthouse, the new products were initially unveiled at the InfoComm International Exposition 2005 which staged in Las Vegas in June, saw Lighthouse report record sales. Says Chan, "InfoComm has always been a profitable event, but this year we registered more sales in the opening hours than the entirety of any past show."

Mr Chan attributed the company's success at InfoComm to the debut of its new screens, coupled by an up turn in the market. He comments, "The unveiling of these advanced products are fortunate to coincide with an upswing in the LED video technology industry, which has provided us tremendous marketing momentum."

According to iSupply, a leading analyst firm covering the video display industry, LED video technology has become the preference for indoor and outdoor venues due to its affordability, brightness, durability and scalability. The worldwide market of LED video displays, valued at $639 million in 2004, is expected to rise to $755 million in 2010. iSupply also projects the retail-signage market, which occupies the largest share of LED text, graphics and animation displays, is expected to grow from 41,248 sq. meters in 2005 to 69,832 sq. meters in 2010.

"Sales are obviously the foremost validation of our success," continues Chan. "For example, during InfoComm we held a cocktail reception which attracted nearly 200 attendees from the media and analyst communities, vendors, and new and existing customers. Our products generated a great deal of excitement and we look forward to unveiling new developments that further our leadership in this industry."

Considered as the Best-in-Show at InfoComm, Lighthouse's high definition, 6mm, PopVision screen, available in Asia from today, is ideal for entertainment, events, and marketing venues where mobility is a priority.

PopVision features Lighthouse's proprietary technology, enabling a high- resolution screen with better quality images at an affordable price. Designed for aesthetic integration, PopVision offers brightness level up to 3000 nits - - unmatched by LCD, plasma and projection systems -- making it an ideal choice for any new or existing digital signage network. It can also be used in outdoor applications and seen in direct sunlight as long as weatherproof housing considerations are met.

Lighthouse two new fanless 10mm pixel pitch indoor screens, the P10 and R10, also debuted at InfoComm, are created for environments where noise levels need to be kept to a minimum. Featuring Lighthouse's M-4 proven pixel uniformity technology, the fanless designs of both models provide a quiet, almost noise-less configuration. This makes them suitable for a variety of applications, from the lobby of a corporate business, to acoustic concerts and conferences, to studios and broadcast events -- anywhere that low background noise is essential.

Designed for permanent installations, Lighthouse's P10 is lightweight for ease of installation. Each panel weighs only 9.6kg, making it possible for a technician to install the screen single-handedly. The R10 rental product is also lightweight and features a fast rig single kingpin design for quick set- up and strip down of the screen. With cost effectiveness always in mind, the R10 is compatible with all existing LVP1010D accessories.

The products join Lighthouse's family of indoor, outdoor and in-outdoor video screens including its P12ER that providing a 12.5mm dot pitch and 5000 nits of brightness was launched earlier this year. Aggressively priced, market response to the P12-ER has proved promising particularly for advertising and stadium applications requiring screens with high resolution for longer viewing distances. "Market research indicates that extremely high resolution screens are often at times unattainable for many customers," comments Chan. "Subsequently, the P12-ER delivers image quality superior to any product on the market today at an affordable price."

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 Suites 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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