Point Grey Research Relocates and Expands Corporate Headquarters

August 20, 2008 – Richmond, BC, Canada – Point Grey Research® Inc., a world leader in advanced digital camera systems, today announced the relocation and expansion of its corporate headquarters to a substantially larger, more modern facility in Richmond.

Effective immediately, the Vancouver headquarters has moved to a 2 acre property in Richmond, just minutes from the Vancouver International airport. The new, state-of-the-art 41000 sq ft (3,809 sq m) facility is triple the size of the previous building, which allows for more rapid growth. It provides excellent infrastructure, larger manufacturing and production spaces, bright and modern offices and over 160 parking stalls.

“The new facility suits the company’s needs perfectly, providing the space required for immediate expansion and the flexibility for additional future growth,” says Vladimir Tucakov, Director of Sales and Marketing at Point Grey. “Purchasing this new building is a significant milestone for Point Grey. It has been amazing to watch our growth over the years, from a tiny office in 1997 to a leading supplier of quality industrial cameras and components throughout the world.”

“Moving to the new facility directly supports our plans for future growth in North America, Europe and Asia,” adds Tucakov. “We are excited about having significantly more manufacturing and production space, which allows us to have larger clean room, assembly and testing facilities; room for future SMT line expansion; and an enhanced prototyping area. Customers can expect to see substantial benefits from the move and expansion such as increased production capacities, faster response times, and enhanced customer support.”

New address and contact information, effective immediately:
Point Grey Research, Inc.
12051 Riverside Way
Richmond, BC V6W 1K7
CANADA
Telephone: +1 604.242.9937
Toll Free: +1 866.765.0827
Fax: +1 604.242.9938

About Point Grey Research, Inc.
Point Grey Research is a worldwide leader in the development of advanced digital camera technology products. With a network of distributors throughout the world, Point Grey Research designs, manufactures and distributes IEEE-1394 cameras, stereo vision cameras and spherical digital video cameras to a broad spectrum of industries. Through a close working relationship with its customers, Point Grey continues to be at the forefront of innovation.