NOVATO, Calif., Feb. 2 /PRNewswire-FirstCall/ -- SpatiaLight, Inc.
(Nasdaq: HDTV), a leading developer and manufacturer of ultra high-resolution
Liquid Crystal on Silicon (LCoS) microdisplays, announced today that Robert C.
Munro has joined the Audit Committee of the Board of Directors of SpatiaLight,
filling the vacancy left by the retirement of Lawrence J. Matteson on
December 31, 2006. SpatiaLight is now in compliance with NASDAQ's Audit
Committee guidelines by having a committee consisting of three independent
directors as required by Marketplace Rule 4250.
'We are pleased to have Robin join the Audit Committee. He will be a
valuable asset to the Company in this capacity and we appreciate his continued
support,' said David Hakala, SpatiaLight Chairman and Chief Executive Officer.
About SpatiaLight
SpatiaLight, Inc., founded in 1989, manufactures high-resolution LCoS
imagers for use in high-definition display applications such as rear
projection televisions, monitors, front projection systems, near-to-eye
applications, micro-projectors and other display applications. The company's
primary manufacturing facility is located in South Korea. SpatiaLight is
committed to developing microdisplay technologies that will be the standard
for the next generation of high definition televisions and to providing OEMs
with the most cost effective, high-resolution microdisplays in the industry.
For more information about SpatiaLight, please visit the Company's website
at: http://www.spatialight.com.
Safe Harbor Statement
This news release includes forward-looking statements that reflect
SpatiaLight's current expectations about its future results, performance,
prospects and opportunities. SpatiaLight has tried to identify these
forward-looking statements by using words and phrases such as 'may,' 'will,'
'expects,' 'anticipates,' 'believes,' 'intends,' 'estimates,' 'plan,'
'should,' 'typical,' 'preliminary,' 'we are confident' or similar expressions.
These forward-looking statements are based on information currently available
to SpatiaLight and are subject to a number of risks, uncertainties and other
factors that could cause SpatiaLight's actual results, performance, prospects
or opportunities in the remainder of 2007 and beyond to differ materially from
those expressed in, or implied by, these forward-looking statements. These
risks and uncertainties are outlined in the Company's filings with the U.S.
Securities and Exchange Commission, including its most recent reports on Form
10-Q and 10-K.
SOURCE SpatiaLight, Inc.
