Interphase Unveils Interactive Display System During DEMO Spring 2012, Bringing Rocket Science to the Palm of Your Hand
Wednesday, 18 April 2012
penveu™ Brings True Interactivity to the Education, Enterprise, and SoHo Markets at an Affordable Price
SANTA CLARA, Calif. – April 18, 2012 –Interphase Corporation (NASDAQ: INPH) today announced the debut of penveu™ – an incredibly disruptive interactive device that radically evolves the industry by enhancing the functionality of installed projectors and large screen displays. The company will be demonstrating the product's capabilities on stage tomorrow, at DEMO Spring 2012.
When presenting, training, or teaching, the relationship between presenter, presentation, and audience must be engaging and interactive to be effective. However, the products available in today's $1.8 billion interactive whiteboard (IWB) market fall short of achieving this. While users in this market value portability, accuracy of pointing, freedom of movement, ease of use, and price, IWBs don't offer portability or freedom of movement, and need to be calibrated manually and often. Products like the Air Mouse simply don't have the functionality to provide full interactivity or accuracy. penveu disrupts the industry norms by enhancing the functionality of currently installed projectors and large screen displays - making ANY flat surface interactive - in a device that brings rocket science to the masses in a sleek, pinpoint-accurate, interactive display that fits in your pocket - for a fraction of the current market price.
The penveu system addresses the display and IWB market needs through superior technology – satellite and military navigation systems that are only now available to commercial markets - and extremely competitive pricing. With the cost for IWBs ranging from $1,000 to $8,000+, most K-12 schools find them coveted and out of reach for most classrooms due to budget limitations. Corporations also find them too pricey. Nevertheless, the market is booming despite the individual expense to corporations or educational institutions. According to FutureSource Consulting, the IWB market is expected to grow to $1.8 billion in 2012 from $1.1 billion in 2009. This represents only a portion of the interactive presentation market - which also includes interactive projectors. penveu has the unique ability to address the installed base of all projectors and large screen monitors/TVs, and is positioned to address the existing 80+ million of these installed devices, which most interactive presentation solutions currently available on the market cannot.
"penveu has developed interactive technology that changes the dynamics of a classroom or boardroom," said Matt Marshall, executive producer of DEMO. "We chose penveu because it consciously disrupts a market that until now has become inefficient for the customers it serves, with very little innovation or evolution."
The IWB market is far from saturation; only 2.8 million are currently installed, while more than 31 million classrooms and countless number of conference rooms exist across the globe. The market potential is extraordinary. penveu is portable and incredibly easy to use, with no required software or driver installation, no calibration needed, and is OS/platform agnostic. This all at a cost that is 66 percent less than the current market alternatives – with pricing starting at $499 for the education market.
"The penveu interactive display system brings affordability and flexibility to the classroom and the enterprise," said Yoram Solomon, Ph.D., vice president and general manager of penveu. "This delivers on Interphase's corporate mission to innovate, simplify, and evolve, and in doing so delivers the key building blocks for interactivity and better learning in the classroom, and a collaborative atmosphere in the conference room."
penveu will be available as of July 2012 and offered for purchase via the company website, as well as Amazon, M & A Technologies, TigerDirect, CompUSA, and Circuit City. Educators can make their purchases through these channels, as well as JourneyEd and the Academic Superstore. In addition, customers can visit www.penveu.com for more information and demonstrations.
No calibration required
Portable – fits in a briefcase or pocket
Compatible with any computer connected to a projector, large screen display, or TV using a VGA connector, regardless of operating system: PC, MAC, iPad, Android, or Linux
Accurate - points, writes, and interacts with any computer, tablet, or laptop from a distance of up to 40 feet
Has the ability to fully interact with any screen or display, including: fabric surfaces, walls, HDTVs, whiteboards, monitors, etc.
Natural and intuitive user interface that includes a pen tip with multiple color choices, mouse+ controls, visual, audible, and tactile feedback, and pressure-controlled line width, among other features
Screen Capture, 8GB to 32GB external storage
Absolutely NO software or driver installation needed
Affordable pricing – education market device (8GB) offered at $499