8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 21, 2006

INFOCUS CORPORATION

(Exact name of registrant as specified in its charter)

Commission File Number: 000-18908

Oregon	93-0932102
(State or other jurisdiction of incorporation	(I.R.S. Employer Identification No.)
or organization)
27500 SW Parkway Avenue, Wilsonville, Oregon	97070
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code:  503-685-8888

Former name or former address if changed since last report:  no change

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

INFOCUS CORPORATION

FORM 8-K

INDEX

Item	Description
Item 8.01	Other Events
Item 9.01	Financial Statements and Exhibits
Signatures

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Item 8.01 Other Events

On August 21, 2006, InFocus Corporation issued a press release announcing it received a letter from the Bureau of Industry and Security closing its investigation into possible infractions of export law by issuing a cautionary letter in lieu of any further enforcement action. For more details, see the copy of the press release, which is attached as Exhibit 99.1.

Item 9.01  Financial Statements and Exhibits

(d) Exhibits

The following exhibit is furnished herewith and this list is intended to constitute the exhibit index:

99.1Press release dated August 21, 2006 regarding the closing of the Bureau of Industry and Security investigation.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:   August 21, 2006	INFOCUS CORPORATION
	By:	/s/C. Kyle Ranson
	C. Kyle Ranson
	President and Chief Executive Officer
	(Principal Executive Officer)
	By:	/s/Roger Rowe
	Roger Rowe
	Vice President Finance, Chief Financial Officer and Secretary
	(Principal Financial Officer)

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EX-99.1

EXHIBIT 99.1

THE WORLDWIDE LEADER IN DIGITAL PROJECTION

corporate headquarters

27700B sw parkway avenue

wilsonville

oregon

97070

503.685.8888

800.294.6400

www.infocus.com

Investor Relations Contacts:	Public Relations Contact:
Kyle Ranson	Scott Ballantyne
Chief Executive Officer	Chief Marketing Officer
InFocus Corporation	InFocus Corporation
(503) 685-8576	(503) 685-8923

Roger Rowe

Chief Financial Officer

InFocus Corporation

(503) 685-8609

InFocus® Announces Favorable Resolution of Export Investigation

WILSONVILLE, Ore., August 21, 2006 – InFocus® Corporation (Nasdaq: INFS) today announced it has received a letter from the Bureau of Industry and Security (“BIS”) closing its investigation into possible infractions of export law by issuing a cautionary letter in lieu of any further enforcement action.

In July 2005, the Company self-disclosed possible infractions of U.S. export law to the Office of Foreign Assets Control (“OFAC”) related to shipments into restricted countries by one of its foreign subsidiaries.  The Audit Committee commenced an investigation and engaged independent counsel to assist with this process. The results of the independent investigation were submitted to OFAC and BIS in March 2006 for their review.  In June 2006, OFAC also closed the matter by issuing a similar cautionary letter.

As of June 30, 2006, the Company had a remaining accrued liability associated with this matter of approximately $1.3 million which will be reversed and recorded as a reduction of operating expenses in its third quarter 2006 financial results.

“It is gratifying that this final piece of news related to our internal investigations is consistent with all the others and that these extensive reviews of our internal processes did not result in any restatement of financial statements, any identified material weaknesses in internal control, or significant issues with our export compliance processes,” stated Kyle Ranson, President and CEO.

Forward-Looking Statements

This press release includes forward-looking statements, including statements related to the resolution of the investigations related to our self disclosure regarding possible infractions of U.S export law. Investors are cautioned that all

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forward-looking statements involve risks and uncertainties and several factors could cause actual results to differ materially from those in the forward-looking statements.  Investors are directed to the Company’s filings with the Securities and Exchange Commission, including the Company’s 2005 Form 10-K and 2006 Form 10-Q’s, which are available from the Company without charge, for a more complete description of the risks and uncertainties relating to forward-looking statements made by the Company as well as to other aspects of the Company’s business.  The forward-looking statements contained in this press release speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward looking statements to reflect events or circumstances after the date of this press release.

About InFocus Corporation

InFocus® Corporation (Nasdaq: INFS) is the industry pioneer and worldwide leader in the projection market today. Nearly twenty years of experience and engineering breakthroughs are at work here, constantly improving what you see in the marketplace, and delivering immersive audio visual impact in home entertainment, business and education environments.  Being the inventor and leader is simply a great bonus of making the presentation of ideas, information, and entertainment a vivid, unforgettable experience.

InFocus Corporation’s global headquarters are located in Wilsonville, Oregon, USA, with regional offices in Europe and Asia. For more information, visit the InFocus Corporation web site at www.infocus.com or contact the Company toll-free at 800.294.6400 (U.S. and Canada) or 503.685.8888 worldwide.

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InFocus, Proxima, LiteShow and LP are registered trademarks and ASK, ScreenPlay, Play Big, Work Big and The Big Picture are trademarks of InFocus Corporation.  “Digital Light Processing” and “DLP” are trademarks of Texas Instruments.

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