EXHIBIT 99.1

Investor Relations Contacts:	Public Relations Contacts:
Bob O’Malley	Stacey Vorhees
President and Chief Executive Officer	(925) 336-9592
InFocus Corporation
(503) 685-8800

Lisa Prentice

Chief Financial Officer

InFocus Corporation

(503) 685-8800

InFocus Announces Third Quarter 2008 Financial Results

WILSONVILLE, Ore., October 28, 2008 – InFocus^® Corporation (NASDAQ: INFS) today announced its third quarter 2008 financial results. For the third quarter, the Company reported revenues of $70.6 million and a net loss of $4.2 million, or $0.10 per share, compared to a net loss of $3.8 million, or $0.10 per share, in the second quarter of 2008 and a net loss of $2.8 million, or $0.07 per share, in the third quarter of 2007. Gross margin for the third quarter of 2008 was 16.1 percent, a reduction of 2.1 percentage points compared to both the second quarter of 2008 and the third quarter of 2007.

Included in the third quarter results is a restructuring charge of $0.4 million, which accounted for $0.01 of the net loss per share, compared to a restructuring charge of $0.9 million, or $0.03 per share in the second quarter of 2008. Excluding these charges, the Company realized a proforma Operating Loss for the third quarter of $3.7 million and a proforma Net Loss of $3.8 million, or $0.09 per share, compared to a proforma Operating Loss for the third quarter of 2007 of $3.3 million and a proforma Net Loss of $2.6 million, or $0.07 per share.

The Company reported total cash, restricted cash, and marketable securities as of September 30, 2008 of $70.3 million, an increase of $0.5 million from the second quarter of 2008, and a decrease of $2.4 million from the third quarter of 2007.

Commenting on the third quarter results, Bob O’Malley, President and CEO stated, “Obviously, we did not meet our plans for Q3. As economic conditions deteriorated, we saw softening demand and increased margin pressure in our US and European markets. However, we are entering the fourth quarter with fresh inventory of new products, in the pipeline and ready for sale.”

Quarterly Revenue, Unit, ASP and Gross Margin Comparisons

Third quarter revenues of $70.6 million represent a decrease of 3 percent compared to the second quarter of 2008, and a decrease of 7 percent compared to the third quarter of 2007. Projector unit shipments totaled approximately 94,000 in the third quarter, an increase of approximately 2 percent from the second quarter, and approximately 10 percent compared to the third quarter of 2007. Overall, average selling prices (ASPs) decreased by approximately 5 percent from the second quarter of 2008. Gross margins were 16.1 percent, a reduction of 2.1 percent from the second quarter of 2008, and were driven by product mix shifts within the quarter. Revenue in the Americas decreased by 3 percent while units shipped increased by 4 percent compared to the second quarter of 2008. Revenue and unit shipments both decreased by 8 percent in Europe. Asian revenues increased 12 percent and units increased by 18 percent compared to the second quarter.

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Operating Expenses and & Other Income

Excluding charges, Operating Expenses in the third quarter were $15.1 million, a reduction of $0.5 million from second quarter expenses of $15.6 million. The reduction was due to ongoing expense management and lower variable sales and marketing costs. Non-Operating Income was $0.1 million for the third quarter, compared to Non-Operating Expense of $0.2 million in the second quarter of 2008 and Non-Operating Income of $0.8 million in the third quarter of 2007.

Balance Sheet

Total cash, restricted cash, and marketable securities as of September 30, 2008 were $70.3 million, an increase of $0.5 million from the end of the second quarter. Day’s sales outstanding for the third quarter were 51 days, an improvement of 3 days from the prior quarter. Inventories at the end of Q3 were $30.4 million, an increase of $5.9 million compared to the second quarter of 2008.

Reconciliation of GAAP and Pro Forma Information

The Company has recorded charges that are excluded from operating expenses and earnings for comparative purposes. In accordance with SEC FR-59, attached is a Statement of Reconciliation of GAAP Earnings.

Conference Call Information

The Company will hold a conference call today at 11:00 a.m. Eastern Time. The session will include brief remarks and a question and answer period. The conference can be accessed by calling 888.713.4216 (U.S. participants) or 617.213.4868 (outside U.S. participants) and pin# 42931534, or via live audio web cast at www.infocus.com. Upon completion of the call, the web cast will be archived and accessible on our website for individuals unable to listen to the live telecast. The conference call replay will also be available through November 11^th , 2008 by dialing 888.286.8010 (U.S.) or 617.801.6888 (outside U.S.) and Pin #55918344.

About InFocus Corporation

InFocus is the industry pioneer and a global leader in the digital projection market. The company’s digital projectors make bright ideas brilliant everywhere people gather to communicate and be entertained - in meetings, presentations, classrooms and living rooms around the world. Backed by more than 20 years of experience and innovation in digital projection, and over 150 patents, InFocus is dedicated to setting the industry standard for large format visual display. The company is based in Wilsonville, Oregon with operations in North America, Europe and Asia. InFocus is listed on NASDAQ under the symbol INFS. For more information, visit the company’s website at www.infocus.com.

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InFocus, In Focus, INFOCUS (stylized), IN, ASK, Proxima, LiteShow, LP, ScreenPlay, Play Big, Work Big, Learn Big and The Big Picture are either registered trademarks or trademarks of InFocus Corporation in the U.S. and abroad. All other trademarks are used for identification purposes only and are the property of their respective owners in this and other countries. All rights reserved.

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InFocus Corporation

Consolidated Statements of Operations

(In thousands, except per share amounts)

(Unaudited)

	Three months ended September 30,						Nine months ended September 30,
	2008			2007			2008			2007
Revenues	$	70,596		$	75,790		$	204,294		$	227,078
Cost of revenues		59,215			62,026			167,244			192,850
Gross margin	$	11,381		$	13,764		$	37,050		$	34,228
Operating expenses:
Marketing and sales	$	7,926		$	8,424		$	25,115		$	27,510
Research and development		3,001			3,367			8,562			11,333
General and administrative		4,172			5,305			12,571			15,613
Restructuring costs		430			225			1,330			4,675
	$	15,529		$	17,321		$	47,578		$	59,131
Loss from operations	$	(4,148	)	$	(3,557	)	$	(10,528	)	$	(24,903	)
Other income, net		146			764			1,457			1,422
Loss before income taxes		(4,002	)		(2,793	)		(9,071	)		(23,481	)
Provision for income taxes		214			27			796			174
Net Loss	$	(4,216	)	$	(2,820	)	$	(9,867	)	$	(23,655	)
Basic and diluted net loss per share	$	(0.10	)	$	(0.07	)	$	(0.25	)	$	(0.60	)
Basic and diluted shares outstanding		40,260			39,786			39,974			39,682

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InFocus Corporation

Consolidated Balance Sheets

(In thousands)

(Unaudited)

	September 30, 2008			December 31, 2007			June 30, 2008
Assets
Current Assets:
Cash and cash equivalents	$	55,146		$	61,187		$	65,901
Restricted cash, equivalents, and marketable securities		15,154			22,923			3,873
Accounts receivable, net of allowances		39,197			46,315			43,988
Inventories		30,351			30,984			24,435
Other current assets		4,943			7,548			7,947
Total Current Assets		144,791			168,957			146,144
Property and equipment, net		2,407			2,973			2,724
Other assets, net		5,347			1,061			3,768
Total Assets	$	152,545		$	172,991		$	152,636
Liabilities and Shareholders’ Equity
Current Liabilities:
Accounts payable	$	64,093		$	65,764		$	49,747
Other current liabilities		14,626			19,906			16,668
Total Current Liabilities		78,719		$	85,670			66,415
Other Long-Term Liabilities		2,316			3,623			2,638
Shareholders’ Equity:
Common stock and additional paid-in capital		170,011			168,878			169,808
Other comprehensive income:
Foreign currency translation		34,792			38,246			42,852
Accumulated deficit		(133,293	)		(123,426	)		(129,077	)
Total Shareholders’ Equity		71,510			83,698			83,583
Total Liabilities and Shareholders’ Equity	$	152,545		$	172,991		$	152,636

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InFocus Corporation

Reconciliation of GAAP Earnings

(In thousands, except per share amounts)

(Unaudited)

	Third Quarter 2008												Second Quarter 2008
	Net Loss			Net Loss Per Share			Operating Expenses			Loss From Operations			Net Loss			Net Loss Per Share			Operating Expenses			Loss From Operations
GAAP	$	(4,216	)	$	(0.10	)	$	15,529		$	(4,148	)	$	(3,843	)	$	(0.10	)	$	16,532		$	(3,298	)
Adjustments:
Restructuring costs	$	430		$	0.01		$	(430	)	$	430		$	900		$	0.03		$	(900	)	$	900
Proforma excluding adjustments	$	(3,786	)	$	(0.09	)	$	15,099		$	(3,718	)	$	(2,943	)	$	(0.07	)	$	15,632		$	(2,398	)
	Third Quarter 2008												Third Quarter 2007
	Net Loss			Net Loss Per Share			Operating Expenses			Loss From Operations			Net Loss			Net Loss Per Share			Operating Expenses			Income (Loss) from Operations
GAAP	$	(4,216	)	$	(0.10	)	$	15,529		$	(4,148	)	$	(2,820	)	$	(0.07	)	$	17,321		$	(3,557	)
Adjustments:
Restructuring costs	$	430		$	0.01		$	(430	)	$	430		$	225		$	—		$	(225	)	$	225
Proforma excluding adjustments	$	(3,786	)	$	(0.09	)	$	15,099		$	(3,718	)	$	(2,595	)	$	(0.07	)	$	17,096		$	(3,332	)
	Year-to-Date 2008												Year-to-Date 2007
	Net Loss			Net Loss Per Share			Operating Expenses			Loss From Operations			Net Loss			Net Loss Per Share			Operating Expenses			Income (Loss) from Operations
GAAP	$	(9,867	)	$	(0.25	)	$	47,578		$	(10,528	)	$	(23,655	)	$	(0.60	)	$	59,131		$	(24,903	)
Adjustments:
Restructuring costs	$	1,330		$	0.03		$	(1,330	)	$	1,330		$	4,675		$	0.12		$	(4,675	)	$	4,675
Proforma excluding adjustments	$	(8,537	)	$	(0.21	)	$	46,248		$	(9,198	)	$	(18,980	)	$	(0.48	)	$	54,456		$	(20,228	)

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