RPO, Inc. Closes Supplemental Issuance of Its Series C Preferred Stock for $19.3 Million

SAN JOSE, Calif.--(Business Wire)--
RPO Inc. today announced that on November 3, 2009, the company closed a
supplemental issuance of its Series C Preferred Stock for $19.3 million from
several existing investors in RPO, plus a new strategic investor contributed to
this financing.

RPO`s Chairman and CEO, Malcolm Thompson, noted, "This is a major milestone for
RPO that will enable the development and launch of its cutting edge touch screen
technology. With this new financing, RPO is well positioned to develop a wide
range of products, engage strongly with customers and to commence high-volume
manufacturing of its DWT systems in 2010."

"Over the coming months, RPO will be aggressively expanding its engineering and
manufacturing capabilities, and will be seeking to recruit highly skilled
engineers and business professionals in both the US and Australia," Dr. Thompson
added.

RPO provides a highly differentiated optical touch technology called Digital
Waveguide Touch (DWT) to one of the fastest growing markets today. Touch is
finding widespread application in a range of products, including cell phones,
cameras, consumer products, netbooks, car navigation systems, e-books and laptop
computers. DWT is the only product that provides touch interaction with pen,
finger, gloved finger or any object and has superior optical performance over
other technologies because it does not cause any deterioration of brightness and
contrast to the displayed image on the screen. It can sense multiple touch
points, as well as the size and width of the touch object and is ideally suited
for Windows 7. Furthermore, the patented technology is simple, elegant and low
cost. RPO`s DWT platform is ideal for a wide range of consumer products
including smart phones, navigation devices, e-Books, netbooks, handheld gaming,
cameras, notebooks and desktop displays.

About RPO

RPO Inc is incorporated in Delaware and has headquarters in San Jose. The core
technologies have been developed at its research and development facilities in
Canberra and Sydney Australia. It has received venture funding in this round
from existing investors including Australian funds managed by Jolimont Capital,
by Allen & Buckeridge and by Neo Technology Ventures; and from BASF Venture
Capital and from Jafco. For more information visit www.rpo.biz

RPO
Malcolm Thompson, 408-505-9773
m.thompson@rpo.biz
or
Stacey Voorhees-Harmon, 925-336-9592
PR Consultant
stacey@savvypublicrelations.net

Copyright Business Wire 2009