SAN JOSE, Calif., June 5 /PRNewswire-FirstCall/ -- Syscan Imaging, Inc. (OTC:SYII) (BULLETIN BOARD: SYII) the world leader in USB powered portable image scanners and developer of HDTV (High Definition TV) technology solutions, through its Sysview Technology group, announces the signing of a world-wide exclusive license to manufacture and sell a proprietary 3-panel LCOS optical engine developed by Next Wave Optics, Inc. These next generation optical engines are the first of their kind suited to high-volume production of rear-projection big screen HDTVs that deliver true native-1080p resolution to the mass market at the lowest possible cost. As part of the licensing agreement, George Mihalakis has joined Sysview as CTO, along with his optical engine development team. As founder and CEO of Next Wave Optics and previously as CEO of Gain Micro-Optics, Inc., Mr. Mihalakis established enduring new art in the consumer optical engines field, contributing key OE architecture and product standards now used by many system brands. An established expert in the development of image projection display products, Mr. Mihalakis is widely recognized for directing teams that advance the art in projection display technology, including engine and system development of LCOS, DLP and LCD optical engines, micro-optic screens and illumination components. He is a product-based technologist with 28 years in the field, serving as a principal in startups as well as a specialist for major technology firms in the technical and business development of projection products across the value chain. Throughout his career, Mr. Mihalakis has been involved nearly exclusively in commercial projectors and systems, optical engines, projection components and related plastic optics production. A display industry advocate, he has brought finance sources, technology corporations, manufacturers and OEM customers to the value of projection products. The Sysview Next Wave OE product represents a breakthrough in low cost 3-panel engine design and manufacturability. Its exclusive architecture features a revolutionary 2-piece solid-core prism that, in its simplicity, delivers the best cost/performance of any available engine, enabling direct performance competition with the established TV brands, yet at lower cost. Developed specifically for the consumer television mass market, its manufacturability enables new market vistas in affordable HD sets. Integrated with the Sysview Nano-LCOS microdisplay imager, the Next Wave OE allows the system ODM to realize the smallest, thinnest, lightest and most streamlined native-1080p rear projection HDTVs on the market, without sacrifice of performance or cost advantage. Sysview President David P. Clark said, "The addition of the Next Wave Optical Engine to Sysview's line, along with engaging Mr. Mihalakis and his team, further solidifies our vertical integration strategy for LCOS based display products." Mr. Mihalakis, newly appointed CTO of Sysview Technology, Inc. added, "The integration of the high-yield Nano-imager with the Next Wave OE provides performance pricing advantages that will enable Sysview to surpass the competition by marketing to all levels of the native-1080p HD value chain, including imager, OE and system level customers." About Syscan Imaging, Inc. Syscan Imaging, Inc. designs and manufactures imaging technology solutions for a worldwide customer base. The company currently manufactures and delivers 21-plus, proprietary mobile image-scanning products, which has allowed it to become the largest OEM private label manufacturer of USB driven mobile scanning systems in the world. Syscan Imaging's intellectual property portfolio in the imaging area consists of 19 patents with an additional 5 patents pending. Recognizing the potential to leverage its years of imaging technology experience and manufacturing efficiencies, Syscan began developing new technologies targeting the HDTV display market under Sysview Technologies, Inc. These products are in various stages of development and are expected to begin reaching the marketplace in Q 1 2007. The products are designed to significantly enhance picture quality, decrease power consumption, and greatly reduce the manufacturing costs associated with High Definition televisions. All trademarks and copyrights contained herein are the property of their respective holders. Note on Forward-Looking Statements: Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Syscan undertakes no obligation to update publicly any forward-looking statements. DATASOURCE: Syscan Imaging, Inc. CONTACT: David P. Clark of Syscan Imaging, Inc., +1-408-213-3701

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