Message #34 From:
Stock News Bot Date: March 27, 2007 05:45:00 AM
ONSC News OnScreen's WayCool(TM) Technology Featured at CeBIT 2007
PORTLAND, Ore.--(BUSINESS WIRE)--OnScreen Technologies™, Inc. (OTCBB:ONSC), a leader in developing cutting edge thermal management technologies for integrated circuits and LED signage, today reported that last week at CeBIT 2007, the world's largest trade fair showcasing digital IT and telecommunications solutions for home and work environments, OnScreen licensing partner, OCZ Technology Group, Inc. (LSE:OCZ), unveiled its newest CPU cooling solution called HydroJet, utilizing OnScreen’s proprietary, patent pending thermal management technology, WayCool™.
In anticipation of CeBIT, OCZ issued the following statement in a formal news announcement, “At the foundation of OCZ’s latest breakthrough technology is pioneering cooling solutions. In addition to proprietary memory heatsinks and the recently announced Vindicator CPU cooler, OCZ will be highlighting the HydroJet, a self contained liquid CPU cooler which offloads heat more efficiently than conventional air cooling solutions, and makes it easier than ever before for consumers to take advantage of the benefits of liquid cooling.”
In attendance at the event, William Clough, Executive Vice President of Corporate Development and General Counsel, stated, “The highly enthusiastic reaction to the introduction of our technology at CeBIT far exceeded our most hopeful expectations, and the resulting industry media buzz it has generated has been fantastic. The HydroJet was clearly a popular draw to OCZ’s exhibit booth. Literally everyone who came to the booth during the time we were there had heard about our prototype and wanted to know when the manufacturer’s prototype would be available for testing. Word had obviously spread throughout the show and at times there were more than a dozen media representatives and others examining, photographing and otherwise discussing the device.”
The following links are just a few examples of the media coverage published by literally hundreds of industry publications, technology journals and blogs worldwide highlighting HydroJet:
Continuing, Clough added, “CeBIT proved to be an extraordinarily productive event for OnScreen. In addition to advancing discussions with OCZ regarding the planned timeline to begin commercial production of the HydroJet this fall, we also met with Thermaltake to define production timetables for their commercial application of WayCool. Further,we also hosted a number of other meetings with potential key licensing partners to explore potential new applications for our technology. Now that we have delivered highly viable, proven thermal management solutions to our partners, it is now up to them to produce, market and introduce those solutions into the market place. We have long believed that we have selected the right partners, and based on the action we saw at CeBIT, we were correct. Moving forward, OnScreen will continue to monitor and assist our partners, while continuing to seek out additional opportunities for our Company and our technology.”
About OnScreen Technologies, Inc.
Headquartered in Portland, Oregon, OnScreen Technologies has pioneered and is commercializing innovative thermal management solutions capable of revolutionizing the LED display, semiconductor and electronic packaging industries. Utilizing its patent-pending thermal technologies and architecture, OnScreen has developed highly advanced, proprietary LED display solutions and cooling applications that provide increased performance and are less expensive to install and support than competing products and technologies. For more information, please visit www.onscreentech.com.
Safe Harbor Statement
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
