SAN JOSE, CA — November 14, 2002 — OMNIVISION Technologies, Inc. (Nasdaq: OVTI), a market-leading independent supplier of CMOS CameraChip™ solutions for high-volume imaging applications, today announced it is providing 1.3 and 2.0 Mega Pixel CameraChips™ for Mustek branded award winning digital still cameras. OMNIVISION CameraChips™ will be used in over five separate digital cameras. Mustek brand cameras utilizing OMNIVISION CameraChips™ are expected in retail outlets in Europe and the US under the Mustek brand name in time for the holiday season.
“OMNIVISION is very pleased to be supplying our high resolution CameraChips™ to Mustek,” stated John Lynch, VP Sales and Marketing at OMNIVISION. “Mustek is a rapidly growing supplier of quality Digital Still Cameras, and we look forward to working closely with them as they work to expand their markets.”
Launched in November of 2001, OMNIVISION’s OV9620 is a 1.3 million pixel resolution color CameraChip™ for digital still cameras and requires minimal power to produce keepsake quality prints. Similarly, the OV2610 was announced in June of 2002 and is a 2 million-pixel resolution CameraChip™ that is pin-for-pin compatible with the OV9620. Both CameraChips™ utilize a 1/2-inch lens format and operate on 3.3 volts. The combination of high resolution and low power consumption enables camera manufacturers to provide competitive resolution camera solutions with greater battery life than competing CCD based solutions.
Pricing and Availability
OMNIVISION’s OV9620 CameraChip™ is available in production volumes for below $10.00. The OV2610 is available in production volumes for below $13.00. Please contact OMNIVISION via e-mail at sales@ovt.com or by visiting our website at www.ovt.com.
About OMNIVISION
OMNIVISION Technologies, Inc. is an independent CameraChip™ solutions provider. Utilizing proprietary design technology for its highly integrated still-photo and video camera solutions for high-volume imaging applications, OMNIVISION integrates multiple image processing and capture functions into a single CameraChip™ design. With the addition of only a lens, the result is a low-cost CameraChip™ that consumes less power, has a greater environmental functioning range and has a smaller footprint than typical CMOS multi-chip image sensor solutions. OMNIVISION’s CameraChip™ solutions are in cell phones, personal digital assistants, automobiles and industrial machine vision applications, as well as surveillance and biometric security applications. OMNIVISION is based in Sunnyvale, California. For more information about the company, visit our Website at www.ovt.com.
OMNIVISION and CameraChip™ are trademarks of OMNIVISION Technologies, Inc. All other trade, product or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
Certain statements in this press release, including statements regarding the use of OMNIVISION’s CameraChips™ in Mustek brand cameras; the timing of the availability to retail outlets of Mustek cameras incorporating OMNIVISION’s CameraChips™; the growth of Mustek’s business and markets and the characteristics, functionality and anticipated benefits of OMNIVISION’s OV9620 and OV2610 are forward looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward looking statements and OMNIVISION’s results to differ materially, include, without limitation: potential errors, design flaws or other problems with the OV9620 and OV2610 or with Mustek’s digital cameras; continued good relations between OMNIVISION and Mustek; customer acceptance and demand for the OV9620 and OV2610 and Mustek’s digital cameras; the growth of the markets for Mustek’s digital cameras and customer demand for such products; the continued production, manufacturer and development of the OV9620 and OV2610 and Mustek’s digital cameras and the other risks detailed from time to time in OMNIVISION’s Securities and Exchange Commission filings and reports, including, but not limited to, OMNIVISION’s quarterly reports filed on form 10-Q. OMNIVISION disclaims any obligation to update information contained in any forward looking statement.