SANYO and PureDepth™ Sign MOU for the Mobile Phone and Automotive Markets

REDWOOD SHORES, Calif.--PureDepth™, Inc. (OTC: PDEP), a global leader in next-generation display technologies and the pioneer of multi-layer display technology, today announced that it has signed a Memorandum of Understanding (MOU) with SANYO Electric System Solutions Co., Ltd., a subsidiary of SANYO Electric Co., Ltd , to develop and market Multi-Layer Display (MLD™) enabled products into the mobile phone, digital signage, portable media player and the automotive markets.

“We believe we can deliver superior products utilizing PureDepth’s technology for the mobile phone and similar markets,” said Tsutomu Fujita, Director of SANYO Electric System Solutions Co., Ltd. “In addition, PureDepth’s technology provides an advantage for alerting users of critical information, hence an excellent fit for the automotive market.”

“This MOU with Sanyo validates the potential of PureDepth technology to the mass consumer LCD market,” said Fred Angelopoulos, CEO of PureDepth. “We are excited to see Sanyo expanding their efforts and markets with our technology.”

SANYO Electric System Solutions Co., Ltd. has an exclusive license to incorporate the PureDepth technology into its amusement gaming platforms in Japan, where SANYO Electric System Solutions Co., Ltd. is a key player in that country’s $12 billion dollar pachinko hardware market.

PureDepth technology is an LCD layered, multi-dimensional (using real depth between two or more LCD panels) viewing innovation that enables users to simultaneously view two separate fields of data on one monitor. By overlaying two more separate image planes within a single monitor, PureDepth technology provides true depth of vision that significantly enhances the visual experience with faster response to time-critical data and better assimilation and comprehension of data of any kind.