CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sept. 16, 2005--Global ePoint, Inc. (Nasdaq: GEPT - News), a leading manufacturer of security technologies for the aviation, law enforcement, industrial and commercial markets, today announced its Aviation Division, known as Global Airworks, will unveil several new product lines at the World Airline Entertainment Association (WAEA) Annual Conference and Exposition in Hamburg, Germany, September 20-23.
Billed as the "premier industry event for the inflight entertainment (IFE) professional," more than 1,400 airline and vendors will attend this year’s WAEA educational sessions, interactive workshops and the industry’s largest tradeshow with over 150 exhibits displaying thousands of new inflight products, systems and services.
A WAEA member since 1994, AirWorks will display recently released LCD, Server-based video and audio product lines to replace older non-reliable projector/CRT technology which primarily operate on 747, 757, 767, 777 aircraft types.. In addition to a level of quality - never seen before at industry shows such as this - the new systems are drawing attention worldwide due to the impressive weight and power savings. AirWorks recently announced its first customer for the product line and has several additional on-site demonstrations in process at this time.
"Hamburg is an excellent location for demonstrating our new and existing products as its location attracts airlines from all over the world," said AirWorks President, Ricky Frick. "We are extremely excited about attending the WAEA...the IFE market is estimated to be over two billion dollars annually and the WAEA is the only show for the aviation community dedicated to Inflight Entertainment."
Products to be displayed include AirWorks’ most recent 10.4 and 17 inch wide screen LCDs for replacement of existing CRT’s as well as 32-inch bulkhead mounted LCD packages. Along with the LCDs, the AirWorks Media Max will be exhibited. The Media Max is a server-based digital video/audio content provider.
AirWorks will also display In Seat Power Application packages, a variety of airborne communication integration installation kits and other cabin improvements. Additionally, AirWorks will exhibit all three classes of the Electronic Flight Bag (EFB), along with its flagship product, the Cockpit Door Surveillance System (CDSS).
"We will now directly offer airlines our services as the ‘integrator’ for all of their video and audio content," notes Frick. "The ability to eliminate middle-men in the encryption of video and audio to provide a secure network from the content studios directly to the aircraft is yet another of AirWorks' cost saving methods for today’s airlines."
About the World Airline Entertainment Association
Founded in 1979, the non-profit WAEA is the official worldwide network representing nearly 100 passenger airlines and 250 airline suppliers and related companies committed to excellence in airline inflight entertainment (IFE) and communications and the continual improvement of the airline passenger environment. Headquartered in McLean, Virginia, WAEA sponsors international conferences and exhibitions, educational workshops, technology meetings, industry forums, industry research, and the annual "Avion Awards" for excellence in inflight entertainment. WAEA also develops recommended technical and operational standards and guidelines for the industry and publishes industry periodicals. For more information on WAEA and the airline inflight entertainment and communications industry visit www.waea.org.
About Global ePoint’s Aviation Division
The Company’s Aviation division contains Global AirWorks, whose primary communications and security products include the Cockpit Door Surveillance System (CDSS), a digital electronic "flight bag" of all flight and on-board manuals and records for pilots and a Laptop Computer Power System for passengers and flight crews. AirWorks customers include airline major OEMs, such as AT&T; Aviation, BAE Systems, In-flight Phone, L3 Communications, and Rockwell Collins; all major U.S. airlines; and all major international carriers, including ATA, Air China, Bombardier, Finnair, Varig, KLM, Lufthansa, and Cathay Pacific. AirWorks holds more than 40 supplemental type certificates (STC) certifying AirWorks as a Federal Aviation Administration (FAA)-approved manufacturer and installer for a range of interior equipment and systems for a variety of commercial aircraft flying worldwide.
About Global ePoint, Inc.
Global ePoint’s growth catalyst, through its wholly-owned subsidiaries, is the design, manufacturing, sales and distribution of digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology and seeking to expand its product line, Global ePoint is developing new compression technologies and next-generation, secure network digital video systems and servers for a wide range of new markets, concentrating primarily on security and homeland defense applications. As a solid recurring revenue stream, the Company also manufactures customized computing systems for industrial, business and consumer markets, as well as other specialized electronic products and systems. Complete vertical integration -- from design and manufacturing to sales and distribution -- allows the Company to capture efficiencies and maintain cost advantages in these growing markets, particularly homeland security. For more information, please visit http://www.globalepoint.com
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This release may contain forward-looking statements. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks related to the integration of the Company’s recently acquired operations; market acceptance of the Company's products; delays in the introduction of new products; production and/or quality control problems; further approvals of regulatory authorities and the denial, suspension or revocation of certifications and licenses by governmental authorities; and the Company’s ability to obtain capital as and when needed. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company’s most recent annual report on Form 10-KSB and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Global ePoint, Inc.
John Price, 909-869-1688 Ext.307
CEOcast, Inc. for Global ePoint
Ed Lewis, 212-732-4300