Optical Thermal Imaging…Enabling Universal Deployment

RedShift Systems taps technology commercialization veteran Chip Marshall to scale production of company's Thermal Light Valve™ (TLV) product

WALTHAM, MA – July 25, 2006 – RedShift Systems, Inc., the leader in optical thermal imaging, today announced it has named Charles (Chip) Marshall as Chief Operating Officer.  Mr. Marshall is an expert in commercializing technologies and launching them into volume production.  Leveraging his track record of developing innovative infrared imaging products and launching low cost consumer products, Mr. Marshall will accelerate the commercial success of RedShift’s Thermal Light Valve technology.

Prior to joining RedShift Systems, Mr. Marshall served as Chief Operating Officer at Aura Communications, Inc., a fabless semiconductor company developing wireless system-on-chip ASICs.  He successfully led the production startup and introduction of new products into the hyper-competitive global consumer electronics market.

Before Aura Communications, Mr. Marshall served as Director of Uncooled Infrared Products at Lockheed Martin Imaging Systems, now a division of BAE Systems, where he directed the company’s uncooled infrared business area.  He established and led the engineering team that designed and introduced the microbolometer-based product line that set the industry standard for technical innovation and performance.

RedShift Systems’ disruptive Thermal Light Valve technology enables thermal imaging cameras to be built with standard (CMOS) imaging sensors and electronics at costs far lower than previously attainable.  In the past, the high cost of thermal imaging cameras made them inaccessible to 95% of potential users in today’s $2 billion thermal imaging market.  RedShift’s Thermal Light Valve technology lays the foundation for the next stage of growth in new and existing markets by providing high-quality optical thermal imaging cameras at very low cost.  Targeted markets include security, firefighting, first responder, automotive, industrial thermography, and other markets where the high cost of imagers has prevented broad market penetration.

“Chip provides us with operational expertise that supports our aggressive growth and market expansion plans for driving optical thermal imaging toward universal deployment,’’ said Matthias Wagner, CEO at RedShift Systems.  “Chip has unique experience leading teams that bring complex technology to commercialization in the thermal imaging market as well as in scaling products in cost-competitive consumer markets,” added Wagner.

“RedShift’s technology is well-positioned to deliver affordable thermal imaging solutions to underserved markets where thermal vision is required,” said Chip Marshall, Chief Operating Officer, RedShift Systems.  “I am delighted to join RedShift’s highly-focused team and to be at the leading edge of the next generation of IR imagers designed for low cost, high volume markets,” Marshall added.

Mr. Marshall received a B.A., in Physics from Amherst College, a M.S. in Electrical Engineering from Rice University, and he earned an MBA from Northeastern University's High Technology MBA Program.
 
About RedShift Systems, Inc.
RedShift Systems enables the mass-market application of optical thermal imaging with consistent quality for security, firefighter, first responder, automotive, industrial and other markets where delivering universal deployment is critical.  Its core innovation, the Thermal Light Valve (TLV), delivers superior performance at a fraction of the cost of current solutions.  RedShift manufactures components and modules that enable OEMs to address new or under-penetrated markets.