Barco achieves 1000th Digital Cinema projector milestone
Kortrijk, Belgium, 20 December 2006. Barco is delighted to announce that it has reached its 1000th 2K Digital Cinema projector milestone further reinforcing its position as a worldwide industry leader in the Digital Cinema Market. Barco now holds more than 55% market share in Europe and 65% in the Asian Pacific region and is currently enjoying, in the US, its fastest growth of any single region. The digital cinema revolution has truly begun and in order to meet the expected upsurge in demand, Barco is increasing its capacity from the current 300 units a month to 500 a month in 2007.
Nancy Fares, Business Manager, DLP Cinema® Texas Instruments stated, “Texas Instruments has developed the digital projection technology that is making the transition to digital cinema possible, practical and enjoyable for cinema goers. With regard to this news from Barco, we are especially proud to be working with Barco as a well recognized world leader in the field of Digital Cinema. The DLP Cinema team congratulates them on achieving this significant milestone and looks forward to working with them in the future.”
Stephan Paridaen, President of Barco’s Media and Entertainment division stated, “1000 Barco 2K Digital Cinema projectors are now in the market place and we are very proud of this achievement. I would like to thank our customers for their loyalty and support during these early stages of this relatively new and exciting industry.” He continued, “The digital revolution is now truly underway and we can all look forward to enjoying the experience of Digital Cinema the world over, thanks to a great extent to Barco and TI.”
The pioneering DLP Cinema® technology from Texas Instruments, which is used in all of Barco’s 2K Digital Cinema projectors, ensures perfect re-production of film, time and time again, and ensures that movie goers enjoy the highest quality film experience with consistent picture brightness, contrast and vibrant colors. Barco holds one of only three exclusive licenses of TI’s DLP Cinema® technology.
About Texas Instruments DLP Products
DLP display technology from Texas Instruments offers clarity down to the most minute detail, delivering pictures rich with color, contrast and brightness to large-screen HDTVs and projectors for business, home, professional venue and digital cinema (DLP Cinema®). 75 of the world's top projection and display manufacturers design, manufacture and market products based on DLP technology. At the heart of every DLP chip is an array of up to 2.2 million microscopic mirrors which switch incredibly fast to create a high resolution, highly reliable, full color image. DLP technology’s chip architecture and inherent speed advantage provides razor-sharp images and excellent reproduction of fast motion video. Since early 1996, more than 10 million DLP subsystems have been shipped. For more information, please visit www.dlp.com.
Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers’ real world signal processing requirements. In addition to Semiconductor, the company’s businesses include Educational & Productivity Solutions. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries.
Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at www.ti.com.
DLP and DLP Cinema are registered trademarks of Texas Instruments.
About Barco
Barco, a global technology company headquartered in Kortrijk, Belgium, designs and develops visualization products for a variety of professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific.
For fiscal year 2005, Barco posted net sales of euro 712.0 million.
Barco’s ordinary shares are listed on the Brussels/Euronext stock exchange. Barco is a BEL 20 and a Next 150 company. Share information may be accessed on Bloomberg under the symbol BAR BB and on Reuters under BARBt.BR.
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For more information, please contact
JP
Tanghe
Senior Advisor to the CEO
Barco nv
Telephone
+32 56/26 23 22
jp.tanghe@barco.com
