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PLUS and Lightware to Merge

New Company Named Plus Vision Corporation of America By Denise Harrison
"Market consolition (attrition and acquisition)" were cited by S. Mark Hand as being one of the greatest market influences over the next five years in an interview with in 2001. Now his company, Lightware, acquired by PLUS in 2000), merged with PLUS Corporation.

The new company, PLUS Vision Corporation of America, will be led by President and Chief Executive Officer Tom Oishi. S. Mark Hand, president of Lightware since the company was acquired by PLUS in December 2000, now becomes PLUS Vision Corp. of America's vice president of sales and marketing for the Business Products Group. He will continue to be based in Beaverton, Oregon, where Lightware was founded in 1995.

The Oregon office will now serve as the headquarters for PLUS' Business Products Group. The Allendale, New Jersey office will serve as the headquarters for PLUS' Consumer Products Group, as well as the national corporate headquarters.

PLUS and Lightware jointly introduced new 2-lb. personal projectors in December, and Lightware has been working with MARGI for PDA-to-Projector solutions. The company will continue to market products under both the Lightware and PLUS brand names.

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