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US$2,000 Price Decrease for In-Wall Rear Projection SMART Board™ 2860 Interactive Whiteboard


SMART Technologies Inc. reduces price of interactive whiteboard by 11 percent

Calgary, AB --- June 2, 2003 ---SMART Technologies Inc. announces a $2,000 (11 percent) decrease in the price of its 72" (182.9 cm) In-Wall Rear Projection SMART Board 2860 interactive whiteboard. Effective immediately, the new North American suggested retail price of the 2860 is US$15,999. Educational institutions in North America may qualify for a grant worth 25 percent of the suggested retail price through the SMARTer Kids™ Foundation. The grant amount may be applied against the price quoted by an authorized reseller.

The In-Wall Rear Projection SMART Board 2860 interactive whiteboard includes a 72" screen (active screen size of 71" or 180.3 cm), a SMART Mirror Stand, an XGA (1024 x 768) projector with a short-throw lens, the SMART Pen Tray, which holds an eraser and four pens that can write in electronic ink, and SMART Board software. While traditional in-wall installations require 5'–6' (152 cm–183 cm) behind a wall, the integrated SMART Mirror Stand and projector needs just over 25.8" (65.5 cm), saving valuable floor space.

With a computer image projected onto the interactive whiteboard, users can simply touch the display to access and control any computer program, using their finger as a mouse. When a pen is selected from the SMART Pen Tray, users can write over top of applications and highlight important information with electronic ink. Annotations can be edited, saved and printed for distribution.

“SMART is always looking for ways to provide customers with better products, service and value,” says Nancy Knowlton, president and co-CEO of SMART Technologies Inc. “With this price decrease, we are able to offer customers this industry-leading, rear-projection interactive whiteboard at an even more attractive price.”

Availability
The In-Wall Rear Projection SMART Board 2860 interactive whiteboard is currently shipping. For additional information, specifications or authorized resellers, visit www.smarttech.com or call 1.888.42.SMART.

About SMARTer Kids Grants
Qualified educational institutions, museums and libraries in North America may receive more information about applying for the SMARTer Kids Grant through the SMARTer Kids Foundation of Canada by visiting www.smarterkids.org or calling 403.228.8565.

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For more information, please contact:

Public Relations
SMART Technologies Inc.
300, 1207 - 11th Avenue SW
Calgary, AB CANADA T3C 0M5
Phone +1.403.802.3337 Fax +1.403.228.2500
pr@smarttech.com

Please note that SMART is written in all capital letters.

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