Digislide Holdings Limited
ABN 75 105 012 066
PO Box 20
North Adelaide SA 5006
AUSTRALIA
100-102 Cavan Road
Dry Creek SA 5094
AUSTRALIA
Phone 61 8 8262 3115
Fax 61 8 8262 8490
Media Release
Monday, June 07, 2010
CRISIS IN AUSTRALIA AS COMPANIES CUT
RESEARCH AND DEVELOPMENT BUDGETS
The latest
ABS Yearbook figures
show
a decline in
electronic,
electrical equipment and
appliance manufacturing Research and Development in Australia.
However, one innovative South Australian technology company that had invested heavily in
research and development, is now monetizing that investment.
Digislide Holdings Limited (Digislide), listed on the ASX in August last year, and now has its
hand held projectors in over 100 stores in Australia. More importantly, export sales have
opened up in a number of key regions, as the company’s ASX announcements have revealed:
Digislide sells to SA Community Action Network (February)
Digislide goes multilingual (March) - establishing a foothold in Eastern Europe through
its agreement with Comagro Vest (Romania and Hungary)
High profile American retail distribution chain, Fesco, has placed their first order with
Digislide (May)
Digislide signs UK and Western European Distributor (May) – announcing its
distribution agreement with Rights Commerce Ltd (UK)
Most recently, Digislide announced the establishment of a Hong Kong based Joint Venture,
Digismart Commerce Ltd. Joint Venture parties are Digislide, Rights Commerce (UK) and local
early stage technology company, Allied Animation Technologies Pty Ltd.
Digismart Commerce will be converging some of the Intellectual Property of the three parties,
to create a range of new products which include mobile gaming with projection functionality, 3D
projection for individuals and groups, social gaming and Augmented Reality.
“Digislide has designed its hand held projectors as companions for the five largest consumer
products
in the world. Digishow™, miniPRO™, WeSii™,
XRAY™
and DIGIPRO™
are
complementary products for the iPOD™, iPHONE™, Wii™, XBOX™
and Playstation™. Our
products provide full mobility for gamers, families and professionals. We have moved beyond
being a purely R&D company”, said Luceille Outhred, Digislide’s Chief Executive Officer,
“However, to ensure we stay leaders in the hand held projection industry, our R&D goes on.
We recently lodged additional technical patents protecting tiny optical engine designs, ideal for
embedding in mobile phones.
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end -
Further information contact:
Darryn Keneally
Media Liaison 0410 344 761
NEWS 
