FOR IMMEDIATE RELEASE

Contact: Larry Peters
Panoscan, Inc.
323/255-1956
Lpeters@panoscan.com

Media Contact: Brandon Shamim
Beacon Management Group
213/217-2892
Bshamim@aol.com

Leading Digital Panoramic Camera Company On Display at Photokina 2000
Hall 10.1 Stand C/D 70 + D/71
Panoscan makes interactive panoramic photography a reality

Los Angeles, CA, September 15, 2000 æ Panoscan will be showcasing its breakthrough panoramic digital camera, The Panoscan System, at Photokina 2000 from September 20-25 taking place in Cologne, Germany. Panoscan will be exhibiting the award-winning, Mac-enabled digital camera in the Phase One Booth located at Hall 10.1 Stand C/D 70 + D/71.

The Panoscan System has Phase One’s top-notch digital line scan technology built in. This Power Phase technology produces digital images with unparalleled resolution, extreme light sensitivity and extraordinary capture quality.

The Panoscan System not only eliminates cost-intensive post capture stitching, it also offers a real-time view of the high-resolution 360 degree captured image as it is being scanned. The maximum image size is an astounding 7,000 pixels by 22,000 pixels over 390 degrees with a maximum capture speed of 125 lines per second. The 42 bit internal color depth provides an unsurpassed 11 f stop exposure compared to negative film’s 7 f stop range and transparency film’s 4-5 f stop range. While the Nikon 28 mm PC (perspective control) lens is preferred for optimal use, the system is adaptable with all standard Nikon mounts from fisheye to 50 mm lenses.

The versatility of the Panoscan System, which provides the ability to capture an image with the same visual acuity of a person with 20/20 vision, has proven to be effective for a growing host of applications. It has especially drawn resonance within the virtual reality community. Whether it’s a law enforcement agency capturing a crime scene to the automotive manufacturing industry creating a truly immersive "virtual driver" environment, for the first time, images can be captured and viewed within seconds as a fully interactive movie on location with speed, quality and ease of use.

"We are proud to demonstrate the high-performance Panoscan System technology at the world's largest photo/imaging industry exposition. With our ‘no compromise’ solution to panoramic image capture, Panoscan is poised to make the convergence between panoramic photography and virtual reality seamless and adaptable," says Panoscan President, and product inventor, Ted Chavalas.

-more-

About Phase One

Phase One, the world leader in digital photography, offers a product line that supports the wide variety of medium and large format cameras and is compatible with the broadest range of computer platforms. Product versatility and powerful, easy-to-use software including complete color management tools make Phase One the perfect choice.

For more information, visit Phase One at www.phaseone.com.

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 with no post capture processing. The Panoscan System allows real-time viewing of scanned images as still photos or player-enabled virtual reality movies -- representing a breakthrough in speed, quality and ease of use for immersive panoramic imaging.

More information about the company and its innovative products and applications can be found at www.panoscan.com.

###