3D Vision Company Tyzx Receives Investment From Global Auto Supplier to Develop "Cars that See"

Takata Invests in Tyzx 3D Vision Technology to Develop Cost Effective Automotive Stereovision Applications

MENLO PARK, Calif., July 6 -- Tyzx, Inc., the 3D vision company, today announced it has received a substantial investment from Takata, a global manufacturer of automotive safety systems with more than 33,000 employees worldwide. The Takata investment follows an earlier investment by Microsoft co-founder Paul Allen.

Tyzx, building on more than 15 years of research at Harvard, Interval Research, MIT, and Stanford, has developed a platform of hardware, software and services for building affordable products that see and interact with the world in three dimensions.

Tyzx delivers high volume, cost-effective 3D vision solutions to industry leaders in automotive, consumer electronics, robotics and security markets.

Takata, a global manufacturer of automotive safety systems, is one of the largest suppliers of complete safety systems in the world. Takata produces a full line of seatbelt systems and components, airbag modules and inflators, electronic sensor units and modules, and steering wheels and clocksprings, as well as a broad range of interior trim components. Takata is comprised of 48 manufacturing plants in 18 countries.

"Takata is proud of its global reputation as a leader in integrated safety systems for the automotive market and our investment in Tyzx is the latest demonstration of our commitment to industry innovation," said Dana Stonerook, executive vice president, Electronic Safety Systems, Takata.

Industry experts believe that vehicles with 3D vision safety features can help better protect drivers and passengers in collisions, help cars avoid accidents, keep vehicles in appropriate road lanes, and prevent many accidental backup injuries and fatalities, among other benefits. The European Union and Japan have already passed legislation mandating more "pedestrian friendly vehicles." Future regulations will require additional measures to prevent pedestrian injury and could drive the need for systems that incorporate vision technology as developed by Tyzx and Takata.

"Cars that 'see' promise to be an incredible breakthrough for the automotive industry," said Ron Buck, CEO of Tyzx. "Our 3D approach to computer vision solves the enormous technical problems that historically made this solution unaffordable for volume consumer markets such as automotive. Tyzx real-time 3D stereovision tracking software, SEER, together with our DeepSea hardware technology, provides a small format, high performance, low power, cost effective delivery solution. That means soon we can all drive safer, smarter cars."

About Tyzx, Inc.

Tyzx is a 3D vision company providing a platform of hardware, software and services for building products that see and interact with the world in three dimensions. Tyzx delivers high volume, cost-effective 3D vision solutions to industry leaders in automotive, consumer electronics, robotics and security markets. Founded in 2002 and based in Menlo Park, Calif., Tyzx is privately funded. For more information, visit www.tyzx.com.

NOTE: Tyzx is a registered trademark of Tyzx, Inc. Takata is a registered trademark of Takata Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.