InPhase Technologies to Develop High Performance Rewritable Holographic Media

LONGMONT, CO -- InPhase Technologies, the leader in holographic datastorage, today announced that it will develop the industry’sfirst high performance rewritable holographic data storage mediathrough a project grant from the Advanced Technology Program (ATP),part of the National Institute of Standards and Technology (NIST). Thetwo-year project, to be administered by NIST, commenced in October 2002and consists of a $2,000,000 grant to InPhase from the ATP for thedevelopment and demonstration of rewritable recording materials forholographic data storage systems that offer ultrahigh storage densityand data access rates.

The ATP grant is significant in that it signals a greater commitmenton the part of the U.S. government to spearhead ongoing research anddevelopment for key U.S. technologies, such as holographic datastorage. InPhase is poised to become the first company to delivercommercially viable holographic products to the market. The InPhaseTapestry system has already demonstrated recording and playback ofdigital video.

"More new information is expected to be stored in 2002 and 2003 thanin all of previous human history, according to a University ofCalifornia at Berkeley study on information storage," said Lisa Dhar,vice president of media development at InPhase Technologies. "Thisheightens the demand for technologies that can store more electronicdigital data in smaller spaces, and access it faster than ever before.Holographic technology presents a strong contender for the nextgeneration of recording media."

At the National Association of Broadcasters (NAB) show in Las Vegasin April 2002, InPhase became the first company to demonstrate aworking holographic video recording system. The development ofrewritable media for high-capacity video files, such as HDTV programs,would provide critical technology for next-generation consumer andprofessional electronics products.

Earlier this year, InPhase won a contract from Rosettex Technology& Ventures Group, on behalf of the National Technology Alliance(NTA), for the development of an automated holographic mediamanufacturing system. The National Imagery and Mapping Agency (NIMA)manages the NTA program as the Executive Agent for the Department ofDefense and the Intelligence Community. The $600,000 grant marked thefourth contract that InPhase had received from the NTA, dating back to1994, for a total of $3.5 million.

InPhase Technologies is the leading developer of holographic datastorage (HDS) recording media and systems. Based in Longmont, Colorado,InPhase was founded in 2000. For more information on InPhase, pleasevisit the company's website at www.inphase-tech.com.