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MITSUBISHI DIGITAL ELECTRONICS AMERICA CONTINUES COMMITMENT TO LOW COST OF PROJECTOR OWNERSHIP

XXL5U Natural Color MatrixT / SL4SU Natural Color MatrixT Models Increase Lamp Life up to 66 Percent

IRVINE, Calif., June 9, 2004 –Mitsubishi Digital Electronics America Inc.'s Presentation Products Division, the award-winning, high quality presentation and display products company, today introduced its XL5U Natural Color Matrix™ and SL4SU Natural Color Matrix projectors at InfoComm 2004 in Atlanta. These projectors exemplify Mitsubishi Digital's commitment to its customers to provide a low overall cost of ownership by offering 5000 hours of low-mode lamp life, an increase of up to 66 percent over similar models.

"Our customers often ask us for ways to decrease costs," said James Chan, director, projector product marketing for Mitsubishi Digital Electronics America, Inc.'s Presentation Products Division. "A longer lamp life is a significant step toward that goal."

XL5U Natural Color Matrix™
The XL5U Natural Color Matrix™ LCD projector provides XGA (1024 x 768) resolution and blasts 1700 lumens of power from the new long-life lamp, bright enough for the most demanding lighting environments. Compact and weighing only 5.4 pounds, this projector is easy to move and carry to any meeting, whether in-house or on the road.

SL4SU Natural Color Matrix™
The SL4SU Natural Color Matrix™ projector follows the path of Mitsubishi's SL4U Natural Color Matrix™, one of the company's most successful projectors. The new SVGA (800 x 600) resolution projector boasts 1700 lumens in a 5.4-pound package, along with Natural Color Matrix™, Mitsubishi's proprietary color accuracy algorithm.

"Combining a low estimated street price of $1,799 with a 5000-hour lamp life makes the new SL4SU another excellent value projector," said Aki Ninomiya, vice president, Mitsubishi Digital Electronics America Inc.'s Presentation Products Division.

Availability, Warranty
Estimated street price of the new XL5U Natural Color Matrix™ is $2,995 and, like the SL4SU Natural Color Matrix™, is currently available through authorized Mitsubishi dealers. Both projectors are protected by Mitsubishi's exclusive three-year limited warranty on parts and labor plus a 90-day limited warranty on the lamp. Like all Mitsubishi XGA Natural Color Matrix™ projectors, the XL5U Natural Color Matrix™ is covered by the Express Replacement Assistance (ERA) Program, an award-winning nationwide comprehensive service program provided for units under warranty that offers next business-day replacement for down units.

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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