"QPC lasers" a world leader in the design and manufacture of high brightness, high power semiconductor chip-based lasers for the consumer electronics, industrial, defense, and medical markets, today announced that the customer in recently announced $12 Million Laser TV Contract is Asia Optical (Taiwan Stock Exchange: 3019) "AOCI," Taiwan's leading optical consumer electronics manufacturer; AOCI has successfully demonstrated a sixty inch image based on RPTV Laser TV technology at QPC's headquarters in Los Angeles, CA. QPC initially announced the Laser TV development and production contract in November 2007, and completed the development just last month, marking an important milestone in the path to consumer available Laser TV.

The contract with AOCI is an exclusive supply relationship which provides for an $11 Million supply agreement to be delivered over the next three years, and carries a potential value of up to $230 million over the 10 year term of the contract.
Asia Optical Co. Inc. is Taiwan's leading original equipment manufacturer "OEM" and original designed manufacturer "ODM" of optical instruments, including fiber optics, digital cameras, DVD imaging, laser range finders and more. The company designs, manufactures and distributes its products all over the world; AOCI's products are sold under a number of well known household consumer electronic brand names. AOCI was founded in 1981, and today annual sales exceed $1 Billion USD.

QPC's BrightLase(R) Red-Green-Blue "RGB" lasers offer advantages to consumer electronics manufacturers including expanded color gamut for an exceptionally bright visual experience, low power consumption, an ultra compact footprint, and are designed for low cost high volume manufacturing. QPC offers integrated visible laser technologies designed to be compatible with the leading micro-display technology including LCOS, scanning micro-mirrors, DLP and LCD.

"We are honored to be working with Asia Optical and are very excited to announce this demonstration, which we feel stands as a disruptive technology to the market," said co-Founder and Chief Executive Officer of QPC, Dr. Jeffrey Ungar. "QPC recently entered the market for visible lasers late last year, and announced our Laser TV contract with Asia Optical in November of 2007. Less than eight months later we have delivered our lasers to spec and Asia Optical has already demonstrated a very large and impressive first image; I believe this achievement is a testament to AOCI's engineering team, our next-generation technology, and our combined synergies which I am confident will enable a highly competitive family of laser televisions." Source