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SpatiaLight Provides Microdisplays to China.
SpatiaLight, Inc.(9 Commercial Blvd., Novato, CA 94949; Tel: 415/883-1693, Fax: 415/883-3363), a developer of LCoS microdisplays announced an "Agreement of Principal Terms" to supply its proprietary imagEngine microdisplays to Shanghai Video & Audio Electronics Co. Ltd. (SVA), China's established electronics leader. In addition, after completing extensive testing and evaluation, SVA has informed SpatiaLight that the established technical and performance criteria for these microdisplays have been satisfactorily met. The two companies are now ready to conclude negotiations to pricing and deliveries. This "agreement" provides for SVA to purchase 300,000 SpatiaLight imagEngine …
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