Explay to Unveil the Colibri™ Mobile-Projection Module During 2009 Mobile World Congress in Barcelona

Colibri™ Is the Smallest, Least Power Consuming, Highest Resolution Projector Module in the Industry

HERZLIYA, Israel--(BUSINESS WIRE)--Explay announced today that it will unveil the Colibri™ mobile-projection module with SPELL™ projection technology (SPEckle-free LCoS Laser) during the 2009 Mobile World Congress in Barcelona. Explay will be demonstrating the new module from February 16-18, 2009.

“The market for cellular projection is currently composed of companion handheld projectors and embedded projectors. Explay's technology can serve both markets and can be customized according to the needs of each customer.”

At less than five cubic centimeters in volume, Colibri, Explay’s third generation projection module, offers an unrivaled set of deliverables in terms of size, resolution and power consumption. It is the smallest, highest resolution, eye safe, always focused, speckle-free, least power consuming module in the industry. It also has an unprecedented color gamut that can project any multimedia content onto any flat or curved surface.

Daniel Oleiski, CEO of Explay, said, “Embedding the Colibri will turn any cellular phone into a high-quality projector. It enables cellular users worldwide to project, view and share visual content anytime and anywhere. Understanding this, leading cellular manufactures and operators are already validating the Colibri for their next line of devices. We are excited to demonstrate the new Colibri module projector during Mobile World Congress to select customers and partners.”

Mr. Oleiski continued, “The market for cellular projection is currently composed of companion handheld projectors and embedded projectors. Explay's technology can serve both markets and can be customized according to the needs of each customer.”

About Explay

Explay, a mobile projection solutions provider, specializes in the development of ultra small, mobile-projector modules for a wide variety of consumer and vertical applications. Explay’s projector engines produce an eye safe, always focused bright and speckle-free image. The company offers a complete, customizable, optics and electronics solution that may either be packaged as a companion handheld device or be embedded in handheld products such as mobile phones, portable media players and digital cameras. For more information about Explay please visit www.explay.co.il. To schedule a private briefing with Explay CEO Mr. Daniel Oleiski, please contact Marjie Hadad, media liaison, at [e-mail] or at [phone].