JVC Addresses New Market Demands With Added Features On Selected Projectors
And With New Product Developments

WAYNE, NJ (February 28, 2002) - JVC PROFESSIONAL PRODUCTS COMPANY today announced the enhanced features of its DLA-QX1G, the world's highest resolution projector, and the DLA-M5000SC and DLA-G150CL projectors to be showcased in Las Vegas at ShoWest, the official convention of the National Association of Theatre Owners, March 4-7, 2002. Improved projector features include: 24PsF, new lenses to accommodate the most common throw distances, precise color temperature tracking, increased resolution, improved contrast ratio and digital interfaces.

The new 24 Progressive Segmented Frames (24PsF) is a video format that exactly replicates the image motion of 24-frame film. The format, 24PsF, allows movie like imagery to be accurately displayed on the DLA-QX1G, DLA-M5000SC and DLA-G150CL models. To highlight JVC's new enhancements, Miramax Films will provide selected Academy Award nominated 24PsF telecine footage at ShoWest. This is the second year Miramax and JVC have collaborated at ShoWest. Miramax has also selected JVC's DLA-G150CL to view dailies on location for their upcoming movie, "Spy Kids II."

The existing and newly added interchangeable lenses are available in ranges from 1:1 to 7:1 throw ratios to cover projection distances including common screening rooms. With precise color temperature tracking, the DLA-QX1G, DLA-M5000SC and DLA-G150CL images are projected with accurate color temperature and gamma tracking throughout the gray scale range. The new digital interfaces include HD-SDI and DVI-D. The DLA-QX1G includes digital video input via the available HD-SDI module as well as analog RGB and HDTV input. The DLA-G150CL also includes digital video input via industry standard DVI-D.

JVC is targeting new markets to meet Hollywood and home theater needs by responding with added features. JVC's DLA-QX1G, with a resolution of 2048 x 1536 resolution, producing film quality images, is key for the Hollywood market including: screening rooms, animation studios, pre/post production, dailies, digital mastering, HDTV theatres, performing arts centers and museums. The DLA-QX1G has over twice the resolution of its nearest competitor. JVC's D-ILA patented technology has also been incorporated into the home theater market with the availability of the DLA-QX1G, DLA-M5000SC and DLA-G150CL. JVC's projectors deliver natural color reproduction and super contrast for enhanced depth and dimension.

In 2002, JVC forges ahead with new alliances interested in its D-ILA technology. Boeing has ordered JVC's DLA-QX1G for delivery to its El Segundo Digital Cinema Systems Integration Laboratory. Japan's IMAGICA will be one of the first users of the DLA-QX1G in the Japanese motion picture industry. Technique, a Technicolor company, utilizes the D-ILA technology for digital mastering in their new Burbank, California facility. Other JVC customers include Spitz, a company well known for its big dome, circular screen with a 200-degree wrap around, has replaced three CRT projectors with one JVC DLA-QX1G, for immersive entertainment. Elumens is utilizing the DLA-QX1G in its virtual reality domes and has developed a wide-angle lens for the projection unit. Kodak is both a user and an adopter of D-ILA technology.

"A great deal of excitement is being generated in the industry with the never before available DLA-QX1G, the world's highest resolution projector. This projector allows for viewing of greater than HDTV resolution for the first time. JVC is well positioned in the industry, as evidenced by our growing list of high profile companies who embrace D-ILA technology," states Jack Faiman, vice president of JVC PROFESSIONAL PRODUCTS COMPANY Digital Systems Division. Since its formation in May 2001, JVC's Digital Cinema Initiative, under Faiman's direction, has forged important alliances in the entertainment industry.

On November 16, 2001 in München, Germany the DLA-QX1G Projector from JVC received the prestigious "Master of Excellence" award. The "Corporate Media 2001" event, coordinated by Europe's influential Medienreport, awarded the new DLA super projector from JVC "Master of Excellence for Innovative Tools, System - and Hardware - Solutions." The Jury - all very well known in the media business - judged criteria such as Technical Innovation, Product Concept, Cost/Use and Handling, based on practical oriented applications. The QXGA-Super projector received, in all categories, the mark "very good" and "excellent."

CeBit 2002, held March 13-20 in Hannover, Germany will be the next exhibition featuring JVC's DLA-QX1G projector. Under the theme E-cinema/E-projection, brilliant images and HDTV 16:9 material will be projected on a 6-meter wide screen, and the technology will be explained. The JVC booth is located in Hall 22 for Information Technology, number A24.

About JVC
JVC PROFESSIONAL PRODUCTS COMPANY, headquartered in Wayne, New Jersey, distributes a complete line of presentation, broadcast and CCTV professional equipment. For additional information about the DLA-QX1G, DLA-M5000SC, and DLA-G150CL, or any of JVC's products, contact Jack Faiman of JVC at 1-800-JVC-5825, or Deirdre Breakenridge of PFS Marketwyse at 973-812-8883, or visit JVC's Web site at http://pro.jvc.com.

For information on JVC's exhibit at CeBit, please contact Vera Wolf of JVC PROFESSIONAL PRODUCTS GmbH, Friedberg/Hessen at +49-(0) 6031-6050 and www.jvcpro.de. For JVC Professional Products in Europe please visit http://www.jvc-europe.com/JvcPro/.

About Imagica Corp.
IMAGICA, headquartered in Tokyo, Japan is a leading film lab and video postproduction house. The company provides fully integrated services for entertainment and media professionals, including film development and printing, visual effects, HD & SD telecine, DVD authoring, image processing, image restoration, editing, content production, satellite broadcasting, digital mastering and package media. For more information on IMAGICA visit the company's Web site at www.imagica.com.

About Boeing
The Boeing Company is the world's leading aerospace company, with its heritage mirroring the history of flight. It is the largest manufacturer of satellites, commercial jetliners and military aircraft. The company is also a global market leader in missile defense, human space flight, and launch services. In terms of sales, Boeing is the largest U.S. exporter. Total company revenues for 2001 were $58 billion. For more information about The Boeing Company visit its Web site at www.boeing.com.

About Technique
Located under the Technicolor Creative Services umbrella, Technique was created as an adjunct to Technicolor's core lab businesses as the digital revolution takes greater hold in the industry.

Technique equips filmmakers with added tools for refinement in the finishing of their films and studios a new approach for preparing their films for distribution. For directors, and especially directors of photography, Technique provides greater creative freedom and control in the filmmaker's quest to bring their vision to the screen. By creating a single digital master, the filmmaker's vision will be uniformly experienced by audiences regardless of the film's venue of exhibition - theatrical (through either celluloid or digital projection), international theatrical, broadcast, DVD, home-video, etc. For producers and studios, Technique's prudent business model provides greater fiduciary control for those managing the purse strings. For more information, contact Robert Hoffman, e-mail: robert.hoffman@technicolor.com.

About Spitz
Spitz Incorporated is the leading supplier of immersive video theaters, dome projection screens and planetaria for group entertainment, education and training. Spitz products are used in a variety of markets including museums, destination visitor centers, simulator rides, large-format film theaters and theme parks. For more information on Spitz visit the Spitz Web site at www.spitzinc.com.

About Elumens
Elumens will be known as the company that has forever transformed the way information is displayed and viewed. We are dedicated to delivering easy to use and affordable display systems that enable customers to achieve their visualization objectives. Our mission is to deliver quality products and services to our customers, create a rewarding place to work for our employees, and generate a reasonable return for our investors. Elumens is a leading provider of display solutions to the Simulation and Training Industry. Elumens' products have also been broadly adopted for visualization applications within the Architecture, Engineering, Scientific Research, Higher Education, Planetarium, and Entertainment markets. Visit Elumens at www.elumens.com.

Elumens, TruTheta, VisionStation and VisionDomes are registered trademarks of Elumens Corporation. All other trademarks are registered to their respective owners.

About Kodak
Kodak is the leader in helping people take, share, enhance, preserve, print and enjoy pictures - for memories, for information, for entertainment. The company is a major participant in "infoimaging" -- a $225 billion industry composed of devices (digital cameras and PDAs), infrastructure (online networks and delivery systems for images) and services & media (software, film and paper enabling people to access, analyze and print images). Kodak harnesses its technology, market reach and a host of industry partnerships to provide innovative products and services for customers who need the information-rich content that images contain. The company, with sales last year of $13.2 billion, is organized into four major businesses: Photography, providing consumers, professionals and cinematographers with digital and traditional products and services; Commercial Imaging, offering image capture, output and storage products and services to businesses and government; Components, delivering flat-panel displays, optics and sensors to original equipment manufacturers; and Health, supplying the healthcare industry with traditional and digital image capture and output products and services. For more information on Kodak visit the Kodak Web site at www.kodak.com.

About Medienreport
Information on "Medienreport Verlag-GmbH - Medienberatung" and details on the Corporate Media 2001 event can be found at www.medienreport.de.