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HDTV Spatialight (MM)

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Share Name Share Symbol Market Type
Spatialight (MM) NASDAQ:HDTV NASDAQ Common Stock
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SpatiaLight Hires Plant Manager for South Korean Facility

03/08/2006 2:00pm

PR Newswire (US)


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Plant Manager Charged With Increasing Production Ramp-Up NOVATO, Calif., Aug. 3 /PRNewswire-FirstCall/ -- SpatiaLight, Inc. (NASDAQ:HDTV), a leading developer and manufacturer of ultra high-resolution Liquid Crystal on Silicon (LCoS) microdisplays for the high definition television market, today announced it has hired a plant manager for its manufacturing facility in South Korea. The new plant manager will have the responsibility of increasing productivity to meet the demand of SpatiaLight's customers. Kang Wan "Kevin" Lee (50) comes to SpatiaLight with approximately 22 years of experience in semiconductor production and sales. Most recently, Mr. Lee was Vice President of Engineering and Fab Operations at Nano-Tech Silicon India, where he supervised the first Mega Fab project in India, an 8-inch wafer with 30,000/Month capacity. Prior to his tenure at Nano-Tech Silicon India, Mr. Lee was Vice President of Sales at Donbu Anam Semiconductor, Inc., of Seoul, Korea. Mr. Lee received a M.S. in Material Science from Korea Advanced Institute of Science and Technology in 1981, and graduated with a B.S. Metallurgical Engineering from Hanyang University in Korea. Dave Hakala, Chief Operating Officer, commented, "It is great to have K. W. Lee as part of the SpatiaLight team. Kevin has a tremendous amount of experience and understanding of the industry, and provides SpatiaLight with the needed tools to enhance the production and growth of our facility in South Korea. With our recent move to sample testing of our six million pixel 1080p imager sets, SpatiaLight has positioned itself to produce and supply commercial volumes of our exciting high definition displays." Mr. Lee stated, "I am enthusiastic about joining SpatiaLight and look forward to working with the SpatiaLight Korea team to achieve excellence in our plant operations." About SpatiaLight SpatiaLight, Inc., founded in 1989, manufactures high-resolution LCoS microdisplays for use in high definition televisions and other display applications. The company manufactures its products at its production facility in South Korea. SpatiaLight is committed to developing microdisplay technologies that will be the standard for the next generation of high definition televisions and to providing OEMs with the most cost effective, high-resolution microdisplays in the industry. For more information about SpatiaLight, please visit the Company's website at: http://www.spatialight.com/ . Safe Harbor Statement This news release includes forward-looking statements that reflect SpatiaLight's current expectations about its future results, performance, prospects and opportunities. SpatiaLight has tried to identify these forward- looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to SpatiaLight and are subject to a number of risks, uncertainties and other factors that could cause SpatiaLight's actual results, performance, prospects or opportunities in the remainder of 2006 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties are outlined in the Company's filings with the US Securities and Exchange Commission, including its most recent report on Form 10-K. DATASOURCE: SpatiaLight, Inc. CONTACT: SpatiaLight, Inc., +1-415-883-1693, or Web site: http://www.spatialight.com/

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