"Today's announcement includes the launch of Lighthouse's PopVision, the industry's first portable and self-sustaining LED video screen that promises to give users a piece of "Times Square in a box." Also making their debut are two new fanless 10mm pixel pitch indoor video screens, the P10 and R10, the industry's lightest fully-integrated LEDs that feature their own built-in power supplies.
"According to Mark Chan, Managing Director for Lighthouse, the new products were initially unveiled at the InfoComm International Exposition 2005 which staged in Las Vegas in June, saw Lighthouse report record sales. Says Chan, "InfoComm has always been a profitable event, but this year we registered more sales in the opening hours than the entirety of any past show."
"Mr Chan attributed the company's success at InfoComm to the debut of its new screens, coupled by an up turn in the market. He comments, 'The unveiling of these advanced products are fortunate to coincide with an upswing in the LED video technology industry, which has provided us tremendous marketing momentum.'
"According to iSupply, a leading analyst firm covering the video display industry, LED video technology has become the preference for indoor and outdoor venues due to its affordability, brightness, durability and scalability. The worldwide market of LED video displays, valued at $639 million in 2004, is expected to rise to $755 million in 2010. iSupply also projects the retail-signage market, which occupies the largest share of LED text, graphics and animation displays, is expected to grow from 41,248 sq. meters in 2005 to 69,832 sq. meters in 2010."
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