NOVATO, Calif., July 7, 2004 (PRIMEZONE) -- SpatiaLight, Inc. (Nasdaq:HDTV), a manufacturer of state-of-the-art liquid crystal on silicon (LCoS) microdisplay products, announced today that it has promoted Michael Jin, Ph.D., to the position of Chief Technology Officer. Dr. Jin previously served as the Company's Director of Operations.
Dr. Jin, age 40, joined SpatiaLight in April 2000, and has directed SpatiaLight's efforts to develop and enhance LCoS cell structure, processing technologies and overall product performance. Dr. Jin has also served as a key leader on the technical front in growing SpatiaLight's relationships with television OEMs throughout Asia. Prior to joining SpatiaLight, Dr. Jin served as a Vice President and the Principal Investigator for New Interconnection and Packaging Technology, Inc., based in San Diego, CA, working on numerous DARPA, STTR and SBIR programs in the areas of Optoelectronic Interconnects, Volumetric 3-D Displays Based on 2-Photon Transition Materials, MEMS Laser Beam Steering Devices, 3-D Optoelectronic and IC Packaging Technologies and Phase-Shift Masks for High-Resolution Lithography. Previously, Dr. Jin was engaged in developing thin film devices for laser fusion research at the University of Rochester Laboratory for Laser Energetics. Dr. Jin received his bachelor's and master's degrees in Optics from the University of Rochester and his Ph.D. in Applied Physics from the University of California at San Diego.
Robert A. Olins, Chief Executive Officer of SpatiaLight, commented, "Mike has done an excellent job for us on both the technology and the manufacturing process sides of our business. His understanding of LCoS and associated optics and processes makes him an integral asset to our business. Mike is an extremely gifted scientist and we are very pleased to see him step up to the position of Chief Technology Officer. We are confident that he will achieve great things for SpatiaLight in his new role."
Theodore H. Banzhaf, Executive Vice President of SpatiaLight, added, "Mike has been instrumental to SpatiaLight's ability to make LCoS technology a marketplace reality. Mike is deservedly achieving a strong reputation as an innovative leader in the LCoS and optics engineering industries."
About SpatiaLight, Inc.
SpatiaLight, Inc., founded in 1989, manufactures high-resolution LCoS microdisplays for use in High Definition televisions and rear projection monitors. The Company's proprietary SpatiaLight imagEngine(tm) LCoS microdisplays represent a solution for OEMs of large-screen rear projection monitors, home theater projection systems, video projectors, and other display applications. SpatiaLight offers two types of products to OEMs - LCoS Sets and Display Units - both of which are designed to be incorporated into High Definition televisions and rear projection monitors. The newest generation of SpatiaLight's LCoS Sets, which are sets of three SpatiaLight imagEngine(tm) microdisplay devices, utilize more than 6.2 million pixels. A Display Unit is comprised of three SpatiaLight imagEngine(tm) microdisplays fitted onto a light engine designed by SpatiaLight and Fuji Photo Optical Co., Ltd. and manufactured by Fuji. SpatiaLight is committed to developing microdisplay technologies that will become the standard for the next generation of rear projection display devices and to providing OEMs with the most cost effective, high-resolution microdisplays in the industry. For more information about SpatiaLight, please see the Company web site: www.spatialight.com.
Safe Harbor Statement
This news release includes forward-looking statements that reflect SpatiaLight's current expectations about its future results, performance, prospects and opportunities. SpatiaLight has tried to identify these forward-looking statements by using words and phrases such as "may", "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to SpatiaLight and are subject to a number of risks, uncertainties and other factors that could cause SpatiaLight's actual results, performance, prospects or opportunities in the remainder of 2004 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties are outlined in the Company's filings with the Securities and Exchange Commission, including its most recent report on Form 10-K.