BRICK, N.J., June 10, 2004 (PRIMEZONE) -- Deja View, Inc., the first company to introduce a wearable digital mini-camcorder with unique "after-the-fact" recording technology for the consumer market, today announced it has contracted with Advent Electronics Pte Ltd. of Singapore to build its products.
Terms of the strategic partnership were not disclosed, but according to Jeff Sobel, executive vice president of Deja View, Advent "Is committed to deliver the products in the quantities we specified to meet our scheduled June launch."
The Deja View Model 100 is the first wearable digital camcorder that solves the age-old "I missed the shot" problem for most photographers. The tiny camera can be clipped to a pair of eyeglasses or on the bill of a hat. The recording device and digital storage are housed in a PDA-sized unit worn on a belt, waistband or fanny pack. The camera, which will sell for under $400, records 30 seconds of action that occurred BEFORE the user presses the "record" button.
"This strategic partnership with Advent Electronics is a significant milestone for our two-year-old firm," said Sobel, who added that Advent's customers, direct and indirect, include the world's leading electronics companies. "Advent is known for its quality manufacturing and quality assurance, and has a successful track record with the 'Who's Who' of the electronics industry."
"It was clear to us from the start that Deja View has great ideas, and we are proud to be selected as its manufacturing partner," said S.S. Lim, Advent's CEO. "Deja View's first product, the Model 100, is truly innovative. We look forward to becoming a long-term partner with the company as it takes a high-profile position in a rapidly growing market with many more exciting new products in the future."
About Deja View
Deja View, Inc. was founded in 2002 to design, manufacture and market a complete line of wearable camera products based on its own patent-pending "after-the-fact" video camcorder technology. The privately held company is headquartered at 260 Chambers Bridge Road in Brick, NJ, 08723. Phone number: 1-866-DEJA VIEW (335-2843. Email: info@mydejaview.com. Web site: www.mydejaview.com.
About Advent Electronics
Advent Electronics Pte Ltd, with revenues in excess of $60 million (US dollars), was founded in June 1999 as a privately owned joint venture company based in Singapore with Lion Asiapac Ltd, a publicly listed company in Singapore and subsidiary of the Lion Group, a multi-billion dollar conglomerate in Malaysia. Its business is franchise distribution of electronic components in the South Asia Pacific region (including India), and providing a "Total Solution Business" (TSB) of value-added outsourcing services to U.S. and European customers. Such OEM services include design, prototyping, PCB/PCBA, ISO9001/2 test capabilities, and final product manufacturing. The company is represented with offices throughout Asia, the US and Europe. In 2002 Advent Electronics received the prestigious Singapore business 'e50 start-up award from Accenture Business Times/EDB as the most successful new electronics industry start-up company in Singapore. Contact: usa@adventelectronics.com. Web site: www.adventelectronics.com.