Pixel Magic Imaging Receives Substantial Investment From Dai Nippon Printing Co. and Altech ADS Co. Ltd

Business Wire, June 3, 2004

Business Editors/High-Tech Writers

2004 Photo Marketing Association Convention

SAN MARCOS, Texas--(BUSINESS WIRE)--June 3, 2004

Award-Winning Digital Photography Company Now Part

of Digital Media Powerhouse

Pixel Magic Imaging (Pixel Magic), a leader in digital imaging solutions and photo kiosks, announced it is receiving a substantial investment from Dai Nippon Printing Co. Ltd. (DNP) (TSE:7912) and Altech ADS Co. Ltd. (Altech) (TSE:9972). With this investment, Pixel Magic has solidified a strategic partnership with these two global suppliers.

"DNP and Altech are making this investment to ensure that Pixel Magic remains agile and further extends their capabilities to meet the rapidly growing needs of customers and consumers around the world." said Shigeru Kashiwabara, general manager of Information Media Supplies Operations, DNP. "This will help DNP to further strengthen our position as the world's leading supplier of dye sublimation printing media."

"Pixel Magic will continue to do what we do best," stated Chief Executive Officer George Briggs. "We'll continue to provide true open-architecture privately branded kiosk solutions -- except that now we have the full strategic and financial resources of two multi-national companies with combined annual revenues of nearly $13 billion."

In addition to serving its U.S. customers, Pixel Magic exports its entire line of imaging solutions into Europe and anticipates, with this new relationship, its reach will soon extend into Asia and beyond.

Pixel Magic was honored to receive the Digital Imaging Marketing Association's award for the top Stand-Alone Photo Kiosk at the 2004 Photo Marketing Association Convention recently held in Las Vegas, Nev.

Pixel Magic Imaging's line of photo kiosks include several new benefits introduced at the PMA show including cameraphone printing, Print2Store(tm) capability, which allows consumers to order prints online and have them printed at their local retail store, and Pixel Perfect Pictures(tm) -- a combination of improved software, printing and media technologies that together drastically and automatically improve image quality.

Pixel Magic's photo kiosks can print at speeds up to 5.5 seconds per print, and the company's One Touch Digital Printing(tm) workflow -- which provides digital prints with the touch of a single button -- automatically corrects exposure defects and eliminates red-eye.

About Pixel Magic Imaging:

Since 1993, Pixel Magic has pioneered many of the retail imaging technologies that are accepted as standards today. The company has shipped over 6,000 systems to date to such clients as Eckerd Drug, Meijer Corp, Japan Camera Centre and Carnival Cruise Lines. Pixel Magic Imaging was founded on and continues to promote open architecture, modular digital imaging solutions designed to help consumers easily take advantage of the many benefits digital photography offers. Its One Touch Digital Printing(tm) is a unique one-touch software platform designed to offer instant digital services at the touch of a single button. Pixel Magic is located 20 miles south of Austin in San Marcos, Texas. To receive more information, call 800-GO PIXEL (800-467-4935) or visit www.pixelmagic.com.

About Dai Nippon Printing Co. Ltd. (DNP):

DNP is the world's largest comprehensive printing company with annual sales of 1.354 trillion yen and 34,500 employees (as of March 2004). DNP's wide range of businesses include publication printing, commercial printing, smart cards, business forms, packaging, decorative materials, networking infrastructure and electronic components. Applying its fundamental printing techniques and technologies, the company is the top vendor of dye sublimation media. For more information about DNP, please visit www.dnp.co.jp.

About Altech ADS Co. Ltd. (Altech):

A wholly owned subsidiary of Altech engaged in the marketing of CD and DVD mastering facilities and peripheral equipment, IC card and IC tag manufacturing equipment and attaching equipment, memory card/IC card testers, DVD cases, editors, various scanners, XML browsers, image compressing software, electronic bookkeeping systems, printing machinery for digital cameras, e-business solutions, automatic typesetting software, passport readers, special surveillance system and crime investigation support systems, etc. For further information, please see www.altech.co.jp.