SOURCE: CTX Virtual Technologies, Inc.

November 06, 2013 12:52 ET

CTX Virtual Technologies, Inc. Completes the World's First Green Virtual Laser Keyboard

Launch Scheduled at the 2014 Consumer Electronics Show in Las Vegas

BOCA RATON, FL--(Marketwired - Nov 6, 2013) - CTX Virtual Technologies, Inc. (OTC Pink: CTXV), a technology company that manufactures and distributes mobile telecommunication, virtual imaging, touch screens and tablets, announces the completion of the world's first virtual keyboard using green laser.

CTX has developed the world's first true green virtual laser keyboard in an extremely small form factor the size of a matchbox allowing over 2 hours of continuous usage per charge. CTX has successfully developed the next generation true green laser diodes. Green laser diodes have until now been generated by converting the wavelength of infrared laser light from a light source using optical materials, but the light source is large and expensive. In addition, the conventional green lasers have difficulties achieving sufficient luminosity as their performance is limited to low output power. By introducing new techniques and improving the entire semiconductor laser production process, including structural design, crystal growth, wafer processing, and electrode configuration. CTX has been able to successfully develop true green semiconductor laser with an optical output power of more than 50 milliwatts at a wavelength of 520 nanometers. This true green semiconductor laser diode is highly reliable and up to 3 times brighter than the currently utilized red keyboard projections. CTX has successfully packaged and created specialized diffractive optics to work with this new diode and will display the first prototypes at the CES 2014 with consumer production expected to start in the first quarter of 2014.

"This is another critical milestone in our R&D efforts to create unique and innovative technology. We fully expect to incorporate the new green laser diodes to all of our current products that have virtual input functionalities including VK200, MISEETX and VK300 to name a few. A special recognition goes to our Chief Technology Officer David Lithwick and his Taiwan based optical engineers who have worked on this project for the past two years," said Clifford Rhee, CTX President and Chief Executive Officer.

Forward-Looking Statement Disclaimer

The statements made in this release may contain forward-looking information that involves risks and uncertainties. All statements, other than statements of historical facts, should be considered as forward-looking statements. Such statements are based on knowledge of the environment in which the Company currently operates, but because of risks and uncertainties, actual results may differ materially from the expectations expressed in the forward-looking statements. Important factors that may cause actual results to differ from anticipated results include, but are not limited to the results of our 2012 audit, our ability to obtain orders and fill orders on a timely basis, our ability to obtain funding as and when needed, market acceptance of new products incorporating our technologies, the success of our product design and research and development efforts, intense competition, risks of doing business in China and other foreign markets, our ability to manage growth and our ability to successfully protect and enforce our intellectual property rights. In addition, there can be no assurance that the activities to be performed under the Statement of Work with the global auto parts manufacturer mentioned above will prove successful or that a meaningful transaction with such party will result therefrom.

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