|
Home
Focus Enhancements Ships First Order
for Ultra Wideband System Integrated Package May 14, 2007 CAMPBELL, CA -- (MARKET WIRE) -- 05/14/07 -- Focus Enhancements,
Inc. (NASDAQ: FCSE), a worldwide leader in Ultra Wideband (UWB) wireless technology, video conversion and digital media,
has received its first order for its UWB System-in-Package (SiP) from a developer in Asia incorporating high speed wireless
technology in several innovative industrial and infrastructure applications. "This purchase order represents a significant milestone for us and establishes our position as a leading supplier
of high-performance UWB chips," said Brett Moyer, Focus Enhancements' president and chief executive officer. "Although
we do not anticipate material contribution from UWB chipsets until the third quarter of 2007, shipping this order is a significant
step on our path to revenue. As previously stated and as more customers incorporate our technology into their products,
we expect $3 million to $4 million in revenue contribution from UWB product in 2007." About Focus Enhancements, Inc. Focus Enhancements, Inc. (NASDAQ: FCSE), headquartered in Campbell, CA, is a leading designer of world-class solutions
in advanced, proprietary video and wireless video technologies. The company's Semiconductor Group develops integrated
circuits (ICs) for high-performance applications in the video convergence market, including IPTV set-top boxes and portable
media players. Focus Enhancements is currently developing a wireless IC chip set based on the WiMedia UWB standard and designed
to be compatible with Wireless USB, and used in personal computer (PC), consumer electronics (CE), and mobile electronics
applications. The company's Systems Group develops video products for the digital media markets, with customers in the
broadcast, video production, digital signage and digital asset management markets. More information on Focus Enhancements
may be obtained from the company's SEC filings, or by visiting the Focus Enhancements home page at http://www.focusinfo.com.
Safe Harbor Statement Statements in this press release which are not historical, including statements
regarding management's intentions, hopes, expectations, representations, plans or predictions about the future, are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements
regarding management's plans to complete its semiconductor chip designs, move its technology to silicon, and the performance
of its technology, including UWB in silicon. Because these forward-looking statements involve risks and uncertainties, there
are important factors that could cause our actual results to differ materially from those in the forward-looking statements.
Factors that could cause actual results to differ materially include customers' acceptance of recently introduced products,
changes in customer order patterns, unforeseen increased costs and delays in research and development, the company's
ability to maintain adequate funding to develop and implement UWB technology, the ability of the company to migrate its
UWB technology to silicon in a timely manner, the performance and acceptance of its UWB technology when successfully moved
to silicon and include the risk factors specified in the company's Form 10-K for the year ended December 31, 2006 as
well as other filings with the SEC. These statements are based on information as of May 14, 2007 and the company assumes
no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Source: SYS-CON
 |
 |