April 2, 2004 Visionmax International Limited (''VMIL''), a UK-based supplier of Integrated Multi-Channel Visualization Systems for Multi-media and 3D Graphics, is pleased to announce that it has slashed the cost of its stereo display visualization products and launched a new range of products designed for the AV, Entertainment and Marketing Sectors.

Since its launch in June 2003, VMIL's product range has been designed for stereo (active or passive) multiple-projector display systems typically used in the Simulation industry. The VisionMax¢â range of PC-cluster image generators are supplied with NOVA Infinity multi-channel visualization software that has a range of special features including perspective correction, non-linear distortion correction and seamless edge blending. These features allow users to create displays on plane, flexed, cylindrical or spherical screens that show a single cohesive image of any size, limited only by the number of projectors that are installed. To date, the largest project undertaken by VMIL has been a 33-channel (driving 33 projectors) installation although the maximum number of images that can be edge-blended and distortion corrected is 64.

The percentage reduction in prices of VisionMax¢â systems varies depending on the configuration chosen but examples of commonly used configurations are:

- 3 channel Passive Stereo System reduced from $73,750 to $53,100 (¡Ì30,000)

- 4 channel Active Stereo CAVEa with Tracker Support reduced from $134,500 to $85,700 (¡Ì48,000)

- Single channel Passive Stereo system (inc. 120'' Screen, 2x4200 ANSI projectors, filters and frame) reduced from $37,500 to $29,100 (¡Ì16,500).

New Products

VMIL's latest products, designed for the AV, entertainment and marketing industries, are NOVA Movie¢â and NOVA Movie Plus¢â. Both products are available in the same range of configurations as the stereo systems (i.e. up to 64 channels with a full range of screen shapes) but are designed for mono video displays only. NOVA Movie¢â allows users to create fully edge-blended and distortion-corrected video displays without the lines between channels that are typically seen on video walls. NOVA Movie Plus¢â offers the same functionality but also supports input from HDTV devices.

VMIL is also offering new software plug-in for the simulation industry that will allow developers to add edge-blending and distortion correction to any existing OpenGL application.

Commenting on the new products and prices, Ben Vaughan, Managing Director of VMIL, said:

''Since founding the Company 9 months ago, a large proportion of inquiries about our products have come from the AV industry who want edge-blending and distortion correction but have no requirement for stereo displays. We have decided to pursue these opportunities and now have a range of affordable and competitively priced solutions. As part of this review, we also analyzed our core market and competitors and decided that we could gain a massive competitive advantage by reducing our prices and offering the new plug-in software to extend the range of software that can run on our systems''.

Notes to Editors

VMIL was established as a joint venture in June 2003 to manage the international sales, marketing and distribution of the VisionMax¢â range of PC-cluster Visualization Systems developed and produced by Hi-Tech Media Co., Ltd of Korea.

The directors of VMIL are Ben Vaughan and Bong-Soo Youn. Mr Youn is the Founder and Chief Executive of Hi-Tech Media Co., Ltd. Mr Vaughan has been in the Visualization Industry for more than a decade. He was the head of External Affairs for Virtuality Group PLC, a co-founder and VP of Retinal Displays Inc and a Vice-President of InterSense Inc.

Contact: Ben Vaughan
Tel: +44 (0) 1858 881327
Email: ben@visionmaxint.com

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