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MARKET OPPORTUNITY The top five AMLCD producers worldwide spent more than $1.3 billion in 1995 for
research and development of the next generation display device. Driving the rationale for continued investment is an ever increasing, and currently unsatisfied, demand for larger, thinner, clearer, and faster display
devices by consumers. Over $12 billion was spent on Active Matrix Liquid Crystal Displays in 1996. This huge market is expected to grow over $19 billion by the year 2000. Current estimates of growth in the AMLCD
market do not take into account the possibility of traditional CRT's in desktops and televisions being replaced by AMLCD's. TouchTop Technologies' LEDCD allows display manufacturers to produce displays that offer
contrast ratios 20 times higher than all viable alternatives to AMLCD's with superior viewing angles and response times that are 1000 times faster. All of these advantages are provided at 15% of the cost to
manufacture AMLCD's. Management expects this advantage translate into over $59 million in annual revenue within three years. |
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