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MiTAC is Exclusively Shipping Tvia LCD-TV Reference Design with Tvia TrueViewTM 5600 Digital Display processor for All European Premium LCD-TV Platforms
SANTA CLARA, CALIFORNIA - April 4, 2006 - Tvia, Inc. (NASDAQ SmallCap: TVIA), a leading provider of digital display processors for advanced flat-panel TVs, broadcast digital DVRs, consumer display and monitor products, today announces that MiTAC is exclusively shipping Tvia's LCD-TV system design and TrueView 5600 chipset in all European LCD-TV models. Tvia's TrueView line of digital display processors is used by the world's leading broadcast and consumer electronics companies. MiTAC Technology Corp., a publicly listed company in Taiwan, is one of the leading developers and manufacturers of advanced flat panel displays. "MiTAC chose Tvia's LCD-TV reference design and TrueView 5600 for our European LCD-TV market based on Tvia's leading LCD-TV system designs and the TrueView 5600's superior picture quality over all other video controllers in the market." Said Mason Chen, Vice President of MiTAC Technology Corporation. "Tvia's excellent TV Design Center's engineering team, combined with our outstanding engineering resources, enabled MiTAC to produce the most advanced, highest quality LCD-TV for the European market, which is perhaps the most difficult of all TV markets, in the shortest amount of time and at a considerable cost savings. Tvia's TV design center delivers a world class engineering team that provides us with tremendous support. They work as if they are part of our own engineering team." Said Mr.Chen.
"With focus on our customers and partners, Tvia has become the preferred flat panel television design partner with the world's leading flat panel TV manufacturers. Because of today's price pressure in the TV market, MiTAC and Tvia's TV design center worked together to produce the highest quality European LCD TV's. We deliver to the consumer market both superior picture quality and feature rich functionality, at a lower cost to the consumer." Said Eli Porat, CEO of Tvia Inc. "The flat-panel TV market is advancing at a fast rate. Tvia's TV design center enables the world's leading TV manufacturers to provide state of the art technology and TV designs at a significantly lower cost, higher picture quality, and the shortest time to market available in the industry. We are proud to have MiTAC as our partner to produce superior LCD-TVs. Both Tvia and MiTAC share the same commitment to excellence in TV design, picture quality and price performance", said Mr. Porat.
About Tvia:
Tvia, Inc. is a fabless semiconductor company which designs and develops an extensive line of flexible, high-quality digital display processors for digital LCD, PDP, HD, SD, and progressive-scan TVs, as well as other broadcast and consumer display products. Tvia owns and operates the world's leading independent TV design center providing manufacturers with proven TV system designs, allowing manufacturers to produce and manufacture the highest quality flat-panel television at a significantly lower cost with the shortest time to market. The combination of Tvia's TrueView display processors and leading TV system designs gives Tvia's manufacturing customers the advantage for building the most cost-effective, highest quality display solutions on the market. More information about Tvia is available at www.tvia.com About MiTAC Technology Corporation:
Founded in 1989, MiTAC Technology Corporation (MTC), a publicly traded company in Taiwan, is a world leader in manufacturing of consumer electronics, LCD-TVs, MP3 products, consumer notebook computers and ruggedized notebook computers for the use of industrial and military purposes. MiTAC is the OEM/ODM manufacturer for some of the world's best-known consumer electronics and PC companies. With its rapid business growth, MTC was listed in Taiwan Stock Exchange in 2002, and has diversified into new areas, particularly the digital home entertainment market and wireless communication. Under the determined leadership of President James Hwang, the company is dedicated to striving for innovative technologies with over 60% of the staff committed to research and development. MTC strives to provide their global customers with the most cost-effective, high quality, innovative solution. MiTAC has shown the results of this innovative focus by sustaining high revenue growth topping NT$37,880 million (over US$1.2 billion) in 2005. For more information please visit www.MiTAC.com. |
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