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BARCO reinforces its position in the media market

BARCO awarded $8.2 million contract for LED displays in USA’s newest retail Mecca: Fashion Show in Las Vegas

Kortrijk, August 13, 2002. BARCO announces today that it has been awarded a contract of $8.2 million with one of the USA’s foremost real estate development and management companies, The Rouse Company. BARCO is to provide a state-of-the-art digital display solution for its latest retail development, Fashion Show, in Las Vegas. A total of 7 LED displays (4 outdoor and 3 indoor displays) were delivered. The new project will be completed by the end of 2003.

With its LED displays BARCO has already achieved a very strong position in the events market. With this contract BARCO reinforces its position in the media market.

BARCO will deliver 400 square meters of its renowned ILite and DLite indoor and outdoor LED display technology to The Rouse Company, which will install the dynamic advertising and entertainment displays at the new retail development. The Fashion Show complex will house retailers such as Neiman Marcus, Saks Fifth Avenue, Macy’s, Dillard’s, Robinsons-May, Nordstrom and Bloomingdale’s and other specialty retailers. The expanded complex will feature a total of over 300 shops in nearly 200.000 square meter of retail space when complete in 2003.

BARCO daylight displays are recognized in the advertising and events industries for outstanding picture quality, as well as the endless creative possibilities they offer. The gigantic displays will be used in one of the most unusual configurations seen in the world of advertising and corporate branding to date. The state-of-the-art retail venue will be adorned with a total of seven displays, which will be placed both inside and outside the building.

The four outdoor DLite 14 displays will be part of what will become one of the most spectacular sights on the famed Las Vegas “Strip.” The displays will be installed on a 115 meter (380 feet) long curved rail system, located some 10 meters (32 feet) above the main entry to the plaza.

The three indoor ILite 8 displays will be suspended from motorized hoists in the ceiling to create a backdrop for a never-ending barrage of fashion shows and other special events such as product introductions, to be presented in the large open-air atrium known as “The Great Hall.” The position of the three displays will be independently controlled so they will display their own independent images, or they can be joined together to provide a panoramic effect. When not in use, the displays will retract neatly out of sight in the ceiling.

“In the world of high-profile branding it is of the ultimate importance to have your brand stand out from the pack. For the first time ever, these ultra-high resolution daylight displays offer us as clients a medium with unparalleled impact at the point of purchase, making our message so much more powerful,” stated Rita Brandin, Vice President & Development Director, The Rouse Company.

“BARCO’S daylight display systems offer a dynamic, eye-catching medium with endless creative possibilities, making it particularly suited to the world of advertising and entertainment. Our display solutions have attracted the attention of some of the world’s leading media companies – a sure sign that this new medium is changing the media landscape as we know it. BARCO is fast becoming a preferred alternative to the more traditional media used in the past,” stated Marco Bruines, Division Manager, Barco Media.

BARCO’s daylight displays can already be found in cities around the globe, used to promote brands such as Coca-Cola (London’s famous Piccadilly Circus), Merrill Lynch, Hollywood & Highland and Benetton (Japan).

About BARCO
BARCO, with headquarters in Kortrijk, Belgium, has three key activities which are all active in Image Processing. BarcoProjection is in various markets of large screen visualization. BarcoView develops and manufactures display systems for life critical applications, while BarcoVision is in systems for visual inspection and quality control. In 2001, the entire BARCO group delivered a turnover of 792 million EUR. BARCO has a network of subsidiaries, distributors and agents in 97 countries throughout the world. BARCO has been quoted on the Brussels Stock Exchange since 1986, and is now quoted on Brussels/Euronext. BARCO is a BEL 20 and a Next 150 company and is a component of the Dow Jones Sustainability Indexes.

You can find more information about BARCO on the web: www.barco.com



 

For more information, please contact

JP Tanghe
Senior Advisor to the CEO
Barco nv

Phone:+32 56/26 23 22
Fax:+32 56/26 22 62
jp.tanghe@barco.com

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