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Article: Proxima reduces prices up to 21 percent on Proxima Ovation and Proxima Ovation+ LCD panels; strengthens price- leadership position in desktop projection market.
- Article from:
- Business Wire
- Article date:
- March 15, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO--(BUSINESS WIRE)--March 15, 1996--Proxima Corp. (NASDAQ:PRXM) Friday reduced prices on its Proxima Ovation and Proxima Ovation+ LCD panels, strengthening its position as the leading provider of reliable and affordable desktop projection solutions.
The lower list prices, which are effective immediately, apply to five of the company's seven LCD panel models. Friday's announcement places Proxima panels 15 percent to 20 percent below comparable competitive LCD panels.
``Our customers expect Proxima LCD panels to provide full-color, active-matrix projection solutions for a wide range of applications,'' said Terry Hicks, Proxima's product-line manager. ...