Coretronic Corporation, Taiwan has completed the acquisition of Calibre, a privately
held British image processing technology manufacturer based in Bradford, Yorkshire,
UK.

Coretronic manufactures the largest number of DLP® projectors in the world and is
the ODM supplier to the majority of the world’s Tier 1 DLP projector brands.

The acquisition of Calibre expands Coretronic’s technology capability by the addition of
Calibre’s compelling range of class leading HQUltra image processing technology and
in-house research and design capabilities.

“It reflects Coretronic’s strategy to strengthen its leading position in display and image
processing technology with a rich set of capabilities afforded by the Calibre team. This
will help Coretronic Group with its plans to further advance in the pro-AV markets as
well as assisting with entry into the rapidly expanding direct-view LED display
markets,’ enthused SY Chen, President at Coretronic, Taiwan.

“The acquisition will accelerate the company into new markets as well as to help
Coretronic continue to drive its move to being an all-around display systems provider.
In particular, Calibre will leverage Coretronic Group’s wide reaching sales coverage
and growing pro-AV channel sales, particularly in Asia, North America and Europe.’

Former Calibre CEO, Tim Brooksbank will lead as managing director of
Calibre UK, now a wholly owned subsidiary of Coretronic.

“We’re delighted to become part of the Coretronic family. We share a common
entrepreneurial ethos driven by market development, innovation and above all
customer satisfaction. This opens up new opportunities for Calibre’s technology,
products and staff as part of the worldwide Coretronic Group,’ said Brooksbank.