Panoscan Inc. Introduces MK-2 Digital Panoramic Camera

Panoscan Inc. introduces the all new MK-2 digital panoramic camera with Better Light electronics and operating software among many other innovations. The MK-2 is up to four times faster and up to four times more light sensitive than any digital panoramic camera in the world.

FOR IMMEDIATE RELEASE

PANOSCAN INC. INTRODUCES MK-2

The Next Generation of Digital Panoramic Cameras

Boulder, CO (October 2002) --Panoscan, Inc., a Los Angeles based manufacturer

of ultra-high-resolution digital panoramic camera products, today announced

the introduction of their all new, Panoscan MK-2 panoramic camera system,

and their strategic partnership with digital camera manufacturer, Better

Light, Inc. The MK-2 is being demonstrated here this week at the QuickTime

VR Associations Summit in the Rockies.

When the MK-1 was introduced in January of 1999, it was immediately

recognized as a breakthrough for VR digital panoramic photography. The MK-1

featured no-stitching technology, high resolution, and a flexible

architecture that made it possible to use wide angle lenses. The MK-1

was almost universally embraced by auto manufacturers, who saw it as the

ideal tool for capturing auto interiors in high resolution. Law

enforcement agencies are using the MK-1 for a variety of

applications including high resolution crime scene capture and virtual

walkthroughs of public places, like schools, for emergency response

preparedness.

The MK-2 is the next generation of panoramic camera. Heading an impressive

list of innovations, are Better Light electronics built-in, and their

user friendy Viewfinder 5 operating software. This superior combination

of, Better Light electronics with Panoscan engineering allows the photographer to capture images in situations that have not been possible before.

The MK-2 is up to four times faster than any digital panoramic camera in the

world, with a capture rate of up to 194 million pixels per minute. This

feature allows the capture of people in motion, which makes it a powerful

tool for event documentation and tourism, for example.

An ISO of 1600 and beyond, even at full resolution settings, makes the new

MK-2 up to four times more light sensitive than any other panoramic camera,

digital or film. This impressive capability makes it possible to shoot in

both very low and very bright light situations. This feature is

particularly valuable in crime scene capture, where lighting is seldom

ideal.

Other all new features include an automatic black calibration shutter, that

allows the camera to be operated in hostile and/or limited-access

environments, and it also features an automatic 4 zone white balance for

more accurate capture of changing light throughout the panorama. The MK-2

uses superior Mamiya medium format lenses, for extraordinary sharpness. A

new, more powerful drive, allows for operation in any position. (Even

sideways.)

The new MK-2 features a battery system for up to 4 hours of use, a rugged,

customized travel case, and a modular architecture for easy upgrades.

In designing the MK-2, we have tried to address the needs of our customers.

They wanted to freeze action in busy environments and they wanted to capture

in difficult lighting conditions with greater latitude. At the same time,

they wanted us to maintain Panoscans flexibility and industrial

durability," says Panoscan President and the designer of the MK-2, Ted

Chavalas. We are proud to have achieved these goals and more."

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About Panoscan Inc.

Panoscan, a Los Angeles-based manufacturer of high-resolution digital

panoramic camera products uses a combination of proprietary hardware and

software to produce fully digital panoramic images which require little if

any post production. The Panoscan System allows real-time viewing of scanned

images as still photos or Quicktime or Java enabled virtual reality movies

-- representing a breakthrough in speed, quality and ease of use for

immersive panoramic imaging.

About Better Light, Inc.

Better Light digital scanning backs are used throughout the world in diverse

applications for commercial, advertising, art reproduction, industrial and

scientific photography. The company is respected as the worldwide leader in

large format digital capture, creating images with clarity and detail that

surpass 8x10 transparency film. Better Lights award-winning technology

captures delicate gradations, crystal clear highlights and perfectly neutral

color to assure trouble-free post-production and printing.

More information about the company and its innovative products and

applications can be found at www.panoscan.com.

Panoscan, Inc.

Casey Coss

818-908-4641

info@panoscan.com