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MITSUBISHI DIGITAL ELECTRONICS AMERICA ANNOUNCES VERSITILE SUB-$1000 PROJECTOR

SE1U Projector Meets Market Demand for High Quality, Low Cost

IRVINE, Calif., February 17, 2004 –Mitsubishi Digital Electronics America's Presentation Products Division, maker of award-winning, high-quality presentation and display products, today introduced its SE1U projector, slated to sell for $995. Boasting Mitsubishi Digital color depth and richness, the SE1U projector combines high brightness and contrast ratio, and a lightweight form factor, perfect for those looking for familiar Mitsubishi Digital quality for under a thousand dollars.

"Our dealers and resellers can now target a much larger market base with this new, more affordable projector," said James Chan, director, projector product marketing for Mitsubishi Digital. "Smaller companies can share in the benefits of professional quality presentation tools while larger firms can make multiple placements without blowing the budget."

Mitsubishi Digital's new SE1U projector offers 1200 lumens, bright enough for most office, classroom and conference room conditions; a 400:1 contrast ratio, which provides details in dark shadows and bright whites; and weighs in at just under five pounds, light enough for quick and easy portability between meetings. In addition to computer input, the SE1U also accepts signals from VCRs or DVD players, making it a versatile projector for both office and home use.

"We're happy to extend our projector offerings with the affordable SE1U projector," said Aki Ninomiya, vice president, Mitsubishi Digital. "The flexibility and affordability of this new projector fits our overall strategy of continually bringing exceptional products to market at exceptional prices."

About Mitsubishi Digital Electronics America Presentation Products Division
Mitsubishi Digital Electronics America's Presentation Products Division markets an extensive line of professional presentation and front-projection home entertainment display systems and is known for its award-winning, high-quality, accurate color reproduction technology. Products are sold through authorized distributors, resellers, retailers, dealers and system integrators throughout the United States. Mitsubishi Digital Electronics America is located at 9351 Jeronimo Road, Irvine, Calif., 92618. For more information, please call 888-307-0312 or visit www.mitsubishi-presentations.com.

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