Date Announced: 20 Jul 2006 Hong Kong, China, 18 July 2006 – Barco signed the first Asian contract for its creative LED solution Olite 612 with one of the biggest rental partners AV Promotion Ltd. The contract with AV Promotion includes a full range of Barco solutions. Specifically there are 36 of the new OLite 612 LED tiles, 2 of the new High bright FLM projectors and the Encore presentation controller.Elton Wong, Managing Director of AV Promotion stated: “We selected Barco Olite 612 simply because of its return on investment potential and we are impressed by Barco’s innovation spirit and drive to excel.”The OLite 612 is the latest addition to Barco’s creative LED solutions. The new OLite 612 has a pixel pitch of 12mm and has increased brightness output of 6000Nits. Furthermore, each LED tile can be arranged into 48 small, square individual modules enabling show designers to display any size or shape. OLite is a very flexible application, suiting both indoor and outdoor markets. It enables rental companies to maximize their investment without any compromise on quality and innovation.The FLM R20+ boasts fully sealed optics and impressive lamp maintenance ensuring an overall lower cost of ownership. Pitched as the most silent 20,000 lumens projector on the market and now HD ready it’s a fantastic addition to the FLM range of projectors. “We are very happy for this market breakthrough and we strongly believe that Barco can meet the most challenging needs of the rental and staging market.” says Frank Christiaens, Managing Director for Barco in China.Barco has enjoyed the majority market share for LED rental business in China over the last two years. Furthermore, Barco has built up an impressive list of references including, the China Spring Festival show, F1, Tennis Master Cup and many more. This deal will once again strengthen its market leading position. About BarcoBarco, 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.
Contact
Valerie Tang Marketing and Media Relations Director - CHINA Barco China Phone:+86 21 5465 5501
E-mail:[email protected]
Web Site:http://www.barco.com
