FotoNation Stops Red-Eye Directly in the Camera - No Software Re-Touching Needed

September 26, 2006, Galway, Ireland - FotoNation, (www.fotonation.com), a world-leading imaging and connectivity solutions company for the digital photography industry, announced today that digital cameras made by Samsung Techwin Co., Ltd are now shipping with patented red-eye detection and correction technology licensed by FotoNation. The Samsung i6 and the recently announced Samsung NV3 digital cameras include the FotoNation innovative in-camera Red-Eye Reduction Technology, making it easier for consumers to take perfect photos every time.

FotoNation is the leading licensor of embedded red-eye reduction technology to the digital camera industry. The company recently won the prestigious 2006 European IST award in recognition of its superior automatic correction of the red-eye photographic problem.

"Our FotoNation Red-Eye Technology makes the red-eye phenomenon digitally disappear," said Eran Steinberg, CEO of FotoNation. "Samsung Techwin is one of the industry's most innovative leaders. We are extremely pleased at their adoption of our technology in their latest premium-brand digital cameras."

FotoNation has been issued 2 United States patents and has over 20 additional patents pending in the U.S., Europe, and the Far East. Other licensees for the company's embedded red-eye reduction technology include Kodak, Nikon, Pentax, Sanyo, and other popular brands.

For more information on FotoNation, see www.fotonation.com.

About FotoNation
FotoNation is a world-leading independent provider of embedded imaging and communication solutions for the digital camera industry. The company's extensive portfolio of patented innovations includes embedded red-eye removal technology, wireless connectivity, and face-recognition software. FotoNation develops innovative solutions, patents, and products to enhance, extend, and simplify the picture taking and sharing experience. Clients include AOL, Canon, Hewlett-Packard, Kodak, Microsoft, Nikon, Olympus, Pentax, Samsung, Sanyo, and Sony, among others.

FotoNation is a 2006 winner of the prestigious European IST award for its Red Eye Detection and Correction Technology. The company continues to make important industry-wide contributions to the advancement of digital imaging. In 2005, FotoNation authored the industry-adopted PTP-IP Specification, which is the basis of the international camera connectivity CIPA-005/2005 standard.

About Samsung Techwin
Samsung Techwin co., Ltd. is a global challenger in optics & digital imaging, semiconductor system & material, and machinery industry with 2005 parent company sales of US $2.3 billion and net income of US $84 million. Employing approximately 4,423 people in over 10 offices in 8 countries, the company consists of five main business units: Optics & Digital imaging business, Semiconductor system business, Semiconductor Material business, Power system business and Defence program business. Recognized as one of the most challenging global companies, Samsung Techwin is a leading producer of digital cameras, mobile phone cameras, and semiconductor systems & materials.

Recently, Samsung Techwin has launched the successful premium cameras, i Series and NV Series, offering unique features and groundbreaking new design, in a bid to secure its place as a leading global digital camera brand. The i6 has been awarded the "Best Multimedia Digital Camera" by the European Technical Image Press Association (TIPA), the European 'Oscar' of the Photo & imaging Industry and the NV10 has been awarded the "Best Product" in Compact Camera by the European Imaging and Sound Association (EISA) "the Nobel Prize for cameras."

For more information, please visit www.samsungtechwin.com