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Company News Highlights 2001 p5 of 13:

• Toshiba and Matsushita joint venture scheduled for April 2002
  OCTOBER 17--Toshiba Corporation and Matsushita Electric Industrial Co. Ltd. (both Tokyo) will unify their liquid-crystal-display (LCD) and next-generation display businesses in a joint venture company that will be incorporated in April 2002--owned 60% and 40% by Toshiba and Matsushita, respectively.
• Actuality Systems announces first beta customer for its spherical 3-D display
  OCTOBER 16--Actuality Systems Inc. (Reading, MA; www.actuality-systems.com), a developer of advanced 3-D display technology, has announced that the first beta customer for its spherical 3-D display is Structural GenomiX Inc. (SGX; San Diego, CA).
• SMO Multimedia to install facial-recognition devices in US airport kiosks
  OCTOBER 15--SMO Multimedia (Everson, WA; www.smomedia.com) has entered into a business alliance with Imagis Technologies Inc. to incorporate Imagis facial imaging technology in airport kiosk installations in the United States.
• More orders for InVision Technologies explosive-detection systems announced
  OCTOBER 15--InVision Technologies Inc. (Newark, CA; www.invision-tech.com) has received orders valued at approximately $3.4 million for its CTX explosive-detection systems from the Philippines and France.
• Daystar Network takes delivery of Hitachi digital cameras
  OCTOBER 11--Daystar (Dallas, TX) recently took delivery of six Hitachi Z-3000 digital cameras. According to Steve McNeal, director of studio engineering, the network's experience with four Z-2000s persuaded it to stay with Hitachi.
• New company name reflects key market focus
  OCTOBER 11--Burleigh Instruments (Harpenden, England) will be changing its trading name to Scientifica Ltd. as of Oct. 24, 2001, as a result of the increased portfolio of products that the company will be able to offer to UK customers for photonics and life-science-research applications.
• AutoQuant Imaging awarded more than $3 million in SBIR grants
  OCTOBER 9--AutoQuant Imaing Inc. (Watervliet, NY) has been awarded two Phase I and three Phase II SBIR awards by the US National Institutes for Health for a total of more than $3 million.
• Viisage face-recognition system to be used in US airport security
  OCTOBER 9--Viisage Technology Inc. (Littleton, MA; www.viisage.com) and its partner LAU Technologies have been selected to install Viisage FaceFINDER patented real-time face-recognition system at an undisclosed major US airport.
• ABB orders additional Braintech 3D-Vision for auto-parts handling
  OCTOBER 5--Braintech Inc. (North Vancouver, BC, Canada; www.braintech.com) has received additional orders from ABB Inc. (Canada) to supply multiple 3D Vision Guided Robotic (VGR) solutions for engine-parts handling.
• Cognex announces reduction in work force
  OCTOBER 4--Cognex Corp. (Natick, MA; www.cognex.com) is eliminating approximately 85 positions at its Modular Vision Systems Division, including approximately 60 employees, as well as approximately 25 contractors and open requisitions.

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