Press Release Headlines

Wavien, Inc. and AAXA Technologies, Inc. Introduce a 1,000-Lumen Projector Using the DPR™ Light Engine

VALENCIA, Calif., June 16, 2011, — Wavien, Inc. announces today the introduction of a 1,000-lumen projector to be manufactured and sold by AAXA Technologies, Inc. (AAXA).  This new projector, which uses Wavien's proprietary DPR™ light engine, outperforms LED projectors by producing 1,000 lumens of brightness and a lifetime of 25,000 hours at the cost of a conventional desktop projector.

A production prototype unit will be shown at the Wavien booth, #5283, at the InfoComm in Orlando, Florida from June 15th to 17th. Performance, pricing, and delivery details for the new projector are now available from AAXA.

"Wavien's DPR light engine provides a maintenance-free light source for projectors suitable for home theater/gaming applications, classrooms and small conference rooms. It outperforms LED projectors, providing a higher output, smaller footprint and longer lifetime, at a lower cost," stated Dr. Kenneth Li, President and CEO of Wavien, Inc., who is also the inventor of the DPR technology. Dr. Li added: "This unique patented design enables a significant reduction in the cost of projector operation, which is especially important for use at home and classrooms where projector usage is very high and trouble-free operation is essential. We are very excited to work with AAXA, with its proven track record for manufacturing and marketing cutting-edge projectors on a worldwide scale."

"The maintenance-free features of LED and hybrid projectors created expectations in consumers that all state-of-the-art projectors should use those technologies. We have identified a void in the market for affordably priced projectors with a screen brightness of about 1,000 lumens. LED projector outputs are too low, and hybrid projectors are costly," stated Gary Huang, Vice President of Sales and Marketing at AAXA. "We are very fortunate to have identified Wavien's DPR light engine technology, which allows us to fill this void in the market. We believe that there is a great opportunity in this area by combining Wavien's technology with AAXA's manufacturing, sales and marketing capabilities," added Mr. Huang.

About Wavien, Inc.

Wavien, based in Valencia, California, is a technology licensing company developing long-life, high-performance light sources and engine prototypes for the projection and general lighting industries. Wavien currently offers its unique "Dual Paraboloid Reflector" ("DPR") technology using ultra-high-pressure arc lamps for education and business uses, and xenon lamps for cinema projectors. Wavien has also entered the LED illumination market with its recycling and non-imaging optical technology. These technologies improve lamp life, brightness, and efficiency when teamed with applications in the projection display, fiber optics, entertainment, and general lighting markets.

DPR is a registered trademark of Wavien, Inc.

For more information, please visit http://www.wavien.com or contact the company.

Contact Information:

Harry Farrar
Sales and Marketing
(661) 294-2900 ext. 210

About AAXA Technologies, Inc.

AAXA Technologies Inc was founded in 2008 as a developer and distributor of a new class of projector known as "micro" projectors and "pico" projectors. Our core technology is based on small LCoS (Liquid Crystal on Silicon) imagers mated to LED (light emitting diode) and Laser light-sources that make possible the manufacturing of micro projectors and pico sized projectors. AAXA manufactures the majority of its products in China, with core technological development occurring in Silicon Valley, California and China.

Contact Information:

Gary Huang
Vice President of Sales and Marketing
(714) 957-1852

For more information, please visit http://www.aaxatech.com or contact the company.

# # #