February 7, 2008 Israeli technology company Explay is set to unveil a new version of its oio companion at the Mobile World Congress in Barcelona on Monday. The oio is a stand alone battery operated miniature mobile projector that connects to mobile devices to provide a big screen experience.

The oio companion uses Explay's proprietary mobile projection technology that combines Laser and LED light sources with a micro-display. The technology offers class 1 eye safety and always-in-focus features, low power consumption, an affordable price, and a speckle free image, all packed into a device the size of a "candy bar" phone.

The market for mobile projection will be composed of companion projectors and embedded projectors. Explay's technology serves both markets with customization flexibility per customer. Industry analysts and other mobile projection players are now validating Explay's long standing conviction that the companion market will be the first to develop.