Sign In
15 Apr 2011 07:00
15 April 2011
DDD Group PLC
DDD licenses 2D to 3D conversion software to PC chip maker
Los Angeles, California: DDD Group plc (AIM: DDD), the 3D consumer technology licensing group, has signed a two-year license agreement with a leading PC chip manufacturer to bundle DDD's TriDef® 3D PC conversion software products with the manufacturer's next generation PC processors.
The two-year license agreement allows the PC chip maker to supply DDD's TriDef 3D Experience software with its 3D PC processors directly to original equipment manufacturers ("OEM"s) and also via retail outlets in 3D accessory packs.
DDD will receive quarterly royalties from the manufacturer based on the volume of OEM and retail software products shipped. It is expected that OEMs will begin shipping the combined solution during the second half of 2011. The agreement also includes a one-time $150,000 (approx. £92,000) development fee.
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer | +1 310 566-3340 |
Canaccord Genuity Simon Bridges | 0207 050 6500 |
College Hill Kay Larsen / Adrian Duffield | 0207 457 2020 |
About DDD Group
DDD, also known as Dynamic Digital Depth, is transforming the viewing experience with applications for 3D displays. Its patented technologies enable: 3D viewing with and without glasses; simple integration of computer games applications with 3D displays; supply of 3D content through 2D to 3D conversion; and 3D transmission over existing networks. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD).
Technology background
A new category of flat screen LCD and plasma displays are now available from major consumer electronics companies that provide stereoscopic 3D images both with and without the need for the viewer to wear glasses. Stereoscopic 3D images appear to have natural in and off-screen depth. 3D displays can now be found in desktop PC monitors, notebook computers, and HDTVs worldwide and have also been included in mobile phones in Japan and Korea.
DDD's solutions provide an important bridge between conventional two-dimensional (2D) software applications and content and the new 3D displays. Normal 2D pictures, video and computer graphics images are manipulated by DDD's patented technologies enabling them to be displayed on 3D displays without requiring the content to be created especially for a 3D display. DDD's solutions also enable automatic conversion of virtually any media from 2D to 3D without any pre-processing of the 2D image.
DDD licenses these technologies, marketed under the TriDef® brand, to consumer electronics manufacturers for inclusion with the 3D display products supplied to their end users. DDD also licenses its TriDef software directly to end users who already own 3D PCs and through an international sales channel. DDD's customers include: LG Electronics, Samsung, HP, Acer, Fujitsu, Lenovo, Sharp, Wistron Corporation and Arisawa Manufacturing Company.
Follow the stocks
