NuVision Receives Equity Funding from Mitsui Comtek

Scottsdale, Ariz. and Cupertino, Calif., March 15, 2006 – NuVision U.S., Inc. (nuvision.com), a Scottsdale-based marketer of high performance Deep Black™ LCD televisions, is proud to announce that it has received equity funding from Mitsui Comtek Corp. In addition, Mitsui has agreed that it will provide strategic planning and development assistance to NuVision.

“We are extremely pleased to align ourselves with such a highly respected and successful partner as Mitsui, who has an exceptional history and is Japan’s largest multinational trading firm,” said Scott Deley, NuVision president & CEO.

Mitsui has taken a leadership role in developing and marketing a variety of high technology products and services. From this vision and mission, Mitsui Comtek was founded in 1986 by Mitsui & Co., Ltd. as the strategic subsidiary for IT & Electronics business in U.S. market and has since been very active in enabling advanced display technologies to be launched into the consumer IT and CE markets through various strategic partnerships. Mitsui has been an early investor in a wide range of technology companies such as Gateway 2000, Nanosolar, and SiRF.

“NuVision has been successful during the first year of its existence developing and marketing its initial LCD product line,” said David Kaltsas, Mitsui Comtek’s General Manager. “More importantly, NuVision has created a solid branding platform and an attractive business strategy targeting the AV Specialty/CEDIA segment, which we believe has great long term potential to thrive in today’s exploding HDTV marketplace. Mitsui intends to assist NuVision to gain greater market share with the right strategic alliances and business development assistance. We expect to help further NuVision’s initiatives well into the future.”

Added Deley, “NuVision is excited about the opportunity for this investment funding and the ability to leverage the Mitsui Comtek global network; this will enable us to access exciting new technologies and products in a manner not normally available to start-up companies. This dramatically accelerates our market potential.”

Aimed at the discerning consumer who expects great performance, customer service, and sleek cosmetics, NuVision targets the CEDIA custom install channel and high-end A/V specialty retailers who demand high performance from the manufacturer as well as the products they sell. The NuVision brand and products are promoted and sold through select dealers nationwide.

For more information on NuVision, visit www.nuvision.com or call 480.970.1466.


About Mitsui Comtek Corp.
Mitsui Comtek Corp. (www.mitsuicomtek.com) is the advanced technology subsidiary of Mitsui, active in the areas of digital display technology, semiconductors, wireless networking equipment, specialized solder products, and photovoltaic systems. The company also is involved in the operation of telecommunications and telecommunication-related services including mobile, long distance, international and satellite communication.


Mitsui & Co. (U.S.A.), Inc.
Mitsui & Co. (U.S.A.), Inc., a wholly-owned subsidiary of Mitsui & Co., Ltd., Japan, is headquartered in New York City and maintains 11 offices with nearly 400 employees. The company is an all-round player in global trading, logistics services, project development and investment. It operates more than 90 consolidated subsidiaries in various industries across the U.S.


About NuVision
Located in Scottsdale, Arizona, NuVision’s mission is to enable ubiquitous “high definition living” for humanity. NuVision develops innovative displays and devices with a focus on people and how they live. Above all, NuVision values its consumers, employees, partners and the environment. For more information, please visit NuVision at www.nuvision.com