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NYBOT Chooses NEC-Mitsubishi Electronics To Provide Over 900 LCD Monitors For Its New Lower Manhattan Trading Facility

Date 27/05/2003

The New York Board of Trade® (NYBOT®) has chosen NEC-Mitsubishi Electronics Display of America, Inc., the number one stand-alone vendor of flat panel desktop displays, to supply it with more than 700 20.1-inch NEC MultiSync LCD2080UX monitors and 200 15-inch NEC MultiSync LCD1560V monitors for the NYBOT's new trading floor in lower Manhattan.

"We are determined to build a highly-efficient, state-of-the art trading facility that fosters the most dynamic work environment for our members," said Patrick L. Gambaro, Interim Chief Operating Officer at the NYBOT. "We evaluated a variety of different LCD monitors on their ability to help process our investment transactions more quickly and cost-efficiently, and the NEC MultiSync monitors exceeded our expectations by delivering new productivity-enhancing technologies and excellent images that allow us to better see and respond to opportunities."

The NYBOT lost its entire facility in the September 11th World Trade Center terrorist attacks and has since been operating out of its backup site located in Long Island City, Queens, New York. In a February 26, 2003, ceremony with Governor George Pataki, Mayor Michael Bloomberg, and the New York Mercantile Exchange (NYMEX), NYBOT announced it was leasing space from NYMEX in its building on One North End Avenue, with its pits to open for business in September 2003.

As part of a $30 million project to build a new sophisticated trading floor, NYBOT has planned to install 12 trading pits and over 180 booths, all having the latest in wireless capabilities, Internet service, and computing technology. The NYBOT chose the next generation NEC-Mitsubishi monitors with advanced display intelligence to achieve a new level of computing productivity. The new monitors will be used in the booths and will be hung over the trading pits. These ultra thin-frame bezel monitors deliver the most up-to-date functionality, including more advanced management of the monitors' settings.

NYBOT members can access and modify their monitor settings with just a touch of their mouse or keyboard, as the NEC MultiSync LCD2080UX and LCD1560V monitors utilize NEC-Mitsubishi Electronics Display's exclusive NaViSet™ software based on Display Data Channel/Command Interface (DDC/CI) protocol. To effectively manage hundreds of monitors simultaneously from a central system, the NYBOT will leverage NaViSet™ Administrator software to enable its IT personnel to remotely access the monitor settings without disrupting the work environment. The company's CableComp™ long cable technology also ensures that the NEC MultiSync LCD2080UX monitor can be managed from a distant control room with cables up to 100 meters/326 feet long, without compromising image quality.

"Our customers in the financial services industry increasingly rely on multiple installations of award-winning NEC LCD monitors to clearly display the wide range of information that they need to act on - from market data to price-reporting systems to cable TV and news," said Al Giazzon, Vice President of Marketing for NEC-Mitsubishi Electronics Display of America, Inc. "As desktop and information display experts, we leverage the latest LCD monitor innovations to deliver value to our customers and help them achieve a significant return on their technology investment."