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OnScreen Delivers WayCool(TM) Technology at COMPUTEX 2007
PORTLAND, Ore. --(Business Wire)-- OnScreen Technologies(TM), Inc. (OTCBB:ONSC), a leader in developing cutting edge thermal management technologies for integrated circuits and LED signage, today reported that it intends to deliver the operational prototype of its revolutionary carbon block CPU cooling solution to its licensing partner, OCZ Technology Group, Inc. (LSE:OCZ) at COMPUTEX in Taiwan this week. OnScreen's newest CPU cooling solution called HydroJet, utilizes OnScreen's proprietary, patent pending thermal management technology, WayCool(TM), coupled with its proprietary carbon block interface, which provides the thermal conductivity of carbon, while maintaining the thermal density of traditional copper blocks.
The HydroJet was first introduced by OCZ as a non-working prototype at CeBIT where it created a great deal of media and consumer interest. The new, operational prototype being delivered to OCZ for introduction at COMPUTEX will include bench-testing data demonstrating that the unit, once in production, will be capable of efficiently off-loading 300+ watts of energy from the surface of the chip.
William Clough, Executive Vice President of Corporate Development and General Counsel, who will be attending the Taiwan event stated, "We are extremely excited to deliver this working prototype to OCZ for introduction at COMPUTEX. We believe that the unit along with the bench-testing results prove that we are able to provide to OCZ a revolutionary cooling solution that combines the best aspects of both liquid and air cooling units, with the added benefit of our carbon block technology which overcomes the limits of the traditional copper interface." Clough continued, "The highly enthusiastic reaction to the introduction of our technology at CeBIT far exceeded our most hopeful expectations and we believe that the reaction to this working prototype and the significant test results we are providing to OCZ will cause a similar reaction at COMPUTEX."
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:
http://www.hexus.net/content/item.php?item=8142
http://overclock3d.net/news.php?type=3&id=755&desc= ocz_s_hydrojet_cooler_unveiled_at_cebit_2007 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
http://www.theinquirer.net/default.aspx?article=38294
http://www.techpowerup.com/reviews/CeBIT_2007/OCZ/
Continuing, Clough added, "Much like CeBIT, we expect COMPUTEX to be an extraordinarily productive event for OnScreen. Now that we have provided OCZ with this working prototype, we expect to have discussions with OCZ regarding the planned timeline to begin commercial production of the HydroJet this fall. We will also meet with Thermaltake, our GPU partner, to further define production timetables for their commercial application of WayCool into the GPU market. In addition, we will be meeting with other potential market partners to further commercialize both the WayCool and carbon block technologies into various thermal sensitive markets."
Clough concluded, "With the extreme need for efficient, cost effective thermal solutions to address the 300+ watt microprocessor market, we believe that WayCool, combined with our carbon block interface, provides a unique opportunity for OnScreen to significantly penetrate this ever-increasing thermal market."
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.
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