NEWS

SCREEN RESEARCH AND ADEO SCREEN HAVE CONCLUDED A STRATEGIC PARTNERSHIP THAT CAPITALIZES ON MUTUAL STRENGTHS TO RE-ENFORCE THEIR WORLDWIDE MARKET POSITIONING

October 23, 2010

SCREEN RESEARCH, the video projection screen company , one of the worldwide leaders in design and manufacture of “state of art” products, was under the protection of the French Commercial court (Chapter 11) since October 2009. The company has succeeded in its reorganization, and as of October 1st, will operate from inside ADEO GROUP in a full financial and legal independence from the French Administration. ADEO GROUP is an Italian Corporation specializing in AUDIO-VIDEO activities. ADEO SCREEN, a 100% subsidiary of ADEO GROUP is one of the European leaders in design and manufacture of video projection screens addressing both the professional and residential markets. I am very pleased to join the Adeo Team as President of Adeo France, the company in charge of the development for international market of the whole group. This alliance is a major step in the development of the Screen Research Brand. We have always been about delivering highest quality product featuring the latest in state of the art material and technologies. ADEO GROUP is the perfect partner for us, not only will it ensure long term financial stability, but also it will dramatically improve our industrial capabilities in securing our standards for quality and performance as we grow. This re-enforcement strengthens both brand positions in the market. From Yves Trélohan, President and Founder of Screen Research “The synergy and the complementary between SCREEN RESEARCH and ADEO SCREEN brands will help position the ADEO GROUP as one of the worldwide leaders in the near future, and I see that alliance as a tremendous opportunity.” We have succeeded in positioning Adeo Screen as delivering high quality products in the most competitive, and challenging price sensitive market segments in Europe. The Screen Research line is the complementary brand we were looking for, and we couldn't be more pleased. From Paolo Gadotti, President of Adeo Screens Our strategy is to operate SCREEN RESEARCH and ADEO SCREEN as 2 specific and independent brands in the market, as they match perfectly together in term of product lines and markets. We will provide Screen Research with superior industrial skills, and they bring us High- end brand reputation and worldwide influence. SCREEN RESEARCH management and support team is continuing to work exclusively for the brand to insure a full continuity of service and support. Progressively, management, technical and administrative resources from ADEO Group will re-enforce their organization to support our ambitious development plan. From “ Luca Moresmo”, President of ADEO GROUP. About Screen Research: Screen Research is a world-class provider of innovative projector screen solutions designed for custom home theater and professional cinema applications. Distributed in 40 countries worldwide, Screen Research offers an extensive line of state-of-the-art video projection screen solutions, most notably its award-winning ClearPix® acoustically transparent THX® and ISF® certified screens.

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