LG Electronics Honored With 2012 Edison Award

LG CINEMA 3D Technology Exemplifies Company's Innovation Prowess

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Apr 27, 2012, 09:28 ET

NEW YORK, April 27, 2012 /PRNewswire/ -- Further solidifying its status as a leading industry innovator, LG Electronics has been honored with a coveted 2012 Edison Award for its CINEMA 3D, the technology behind the fast-growing 3D TV products in the U.S., revolutionizing consumers' 3D TV experience at home.

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"We're honored that LG CINEMA 3D has received this distinguished award from the industry's experts," said Wayne Park, President and CEO, LG Electronics USA. "This coveted industry recognition is a testament to LG's commitment to listening to consumers and driving innovation that meets their needs."

Receiving the 2012 Edison Award in the Content Display category LG CINEMA 3D technology was deemed to reflect Thomas Alva Edison's extraordinary vision and accomplishments. The renowned Edison Awards recognize companies at the forefront of product development, innovation and business excellence in the global marketplace and inspire further innovation among today's development teams, researchers, designers and entrepreneurs.

The Edison Awards are judged by a panel of more than 3,000 professionals from the fields of product development and design, engineering, science, and education, including members of the Marketing Executives Networking Group (MENG), an organization made up of America's top marketing professional and academics. The 2012 Edison Awards are evaluated based on criteria such as concept, value, delivery, and impact.

LG's CINEMA 3D, which received a Silver Edison Award, is powered by the company's proprietary FPR technology and provides a crisp 3D image and comfortable viewing experience. CINEMA 3D enhances consumers' 3D movie theater viewing experience in their home with lightweight eyewear, crisp, bright images and wide-angle horizontal viewing. This revolutionary 3D technology is built into the TV screen, making the glasses lighter and more affordable.

"More than any year, this year's slate of finalists demonstrate the enormous value of teamwork, experimentation, consumer focus and market awareness," said Tom Stat, Chairman of the Edison Awards' Steering Committee. "It's exciting to see companies like LG continuing Thomas Edison's legacy of challenging conventional thinking."

Edison Award honorees were announced April 26, 2012 at the Edison Awards Gala in the historic ballroom of New York's esteemed Captile. For more information about the Edison Awards, visit www.edisonawards.com.

About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a$49 billion global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems and solar energy solutions, all under LG's "Life's Good" marketing theme. For more information, please visit www.lg.com.

About LG Electronics, Inc.

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. With 117 operations around the world, LG achieved global sales of $49 billion in 2011. LG is comprised of four business units – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solutions – and is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

SOURCE LG Electronics USA