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TriDef SmartCam Distribution Agreement

1 Jun 2015 07:00

RNS Number : 7323O
DDD Group PLC
01 June 2015
 

1 June 2015

 

DDD Group PLC

 

DDD signsTriDef SmartCam software distribution agreement with SplitmediaLabs

 

Los Angeles, California: DDD Group plc (AIM: DDD; OTCQX: DDDGY), the advanced imaging and 3D solutions company, has signed its first distribution agreement for its TriDef® SmartCam™ software with Hong Kong-based software developer SplitmediaLabs Ltd for use with SplitmediaLabs' popular XSplit Broadcaster and XSplit Gamecaster applications. This is a two-year, non-exclusive affiliate agreement that will operate on a revenue share basis between DDD and SplitmediaLabs.

 

XSplit Broadcaster is one of the most popular and widely used applications for live internet broadcasting, with a presence in more than 150 countries.

 

XSplit Gamecaster is a live streaming and recording solution, allowing users to upload and share their greatest gaming moments to popular video services, such as YouTube and Twitch, at the click of a button.

 

Under the terms of the agreement, DDD and SplitmediaLabs will work together to integrate the TriDef SmartCam capabilities into the XSplit products to create an easy to use experience that will be promoted to new and existing XSplit users, as well as Original Equipment Manufacturers ("OEMs") of PCs. Once this is complete, SplitmediaLabs will actively promote the TriDef SmartCam add-on to its end users as a free download from DDD's TriDef website.

 

After a seven day free trial, XSplit users will be able to purchase TriDef SmartCam for US$9.99.

 

By adding TriDef SmartCam's real time background segmentation capabilities, users of XSplit Broadcaster and XSplit Gamecaster will be able to overlay the webcam image of themselves into the game or broadcast video they are preparing before broadcast or streaming, greatly simplifying the 'green screen' overlay process that is currently used.

 

Chris Yewdall, Chief Executive of DDD, said: 

 

"I am pleased to announce this distribution agreement, which is further testament to the strength of DDD's product offering and demonstrates the Company's growth potential. With the growing popularity of game video sharing on platforms like Twitch and YouTube, we look forward to working in partnership with SplitmediaLabs, one of the leading developers of broadcast and streaming tools, to bring the TriDef SmartCam capabilities to a new and rapidly growing audience."

 

Henrik Levring, Chief Executive of SplitmediaLabs, said:

 

"We were excited when we first saw the capabilities of TriDef SmartCam last year and we have been impressed with the quality of the segmentation that TriDef SmartCam delivers from a simple webcam. Our users will find the simplified 'green screen' overlay solution very useful when composing their broadcasts and streams."

 

Enquiries:

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, CFO

 

+1 310 566 3340

SplitmediaLabs

Henrik Levring, CEO

Andreas Hoye, COO

 

+852 817 13324

Peel Hunt LLP (UK Nomad/Joint Broker)

Richard Kauffer / Euan Brown

 

Beaufort Securities (Joint broker)

Jon Levinson / Elliot Hance

 

+44 (0)207 418 8900

 

 

+44 (0)207 382 8300

Blytheweigh (UK IR)

Tim Blythe / Andrea Benton

 

+44 (0)207 138 3204

Berns & Berns (US PAL)

Michael Berns, esq.

+1 212 332 3320

 

About DDD Group

DDD transforms the visual experience. Its advanced imaging and TriDef® solutions are licensed by leading brands for use in TVs, tablets and PCs. Over 55 million 3D products have been shipped by DDD's licensees worldwide. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD) and the OTCQX (DDDGY). For more information please visit www.ddd.com.

 

About SplitmediaLabs

SplitmediaLabs Limited is an innovative, Hong Kong-based software company specialising in the development of multimedia applications and technology. SplitmediaLabs has published extensive multimedia toolkits which have been licensed to some of the world's most prominent companies, some of which are included in the Fortune 500 list. XSplit Broadcaster & XSplit Gamecaster are developed and published by SplitmediaLabs Limited. www.splitmedialabs.com

 

About XSplit Broadcaster & XSplit Gamecaster

XSplit Gamecaster is the world's easiest live streaming and recording solution, allowing for users to upload and share their greatest gaming moments to popular video services such as Twitch and YouTube, at just the click of a button. XSplit Broadcaster is one of the most popular and widely used applications for live Internet broadcasting, with a user base ranging from hobbyists to prominent professional casters in more than 150 countries. XSplit allows users to record or live stream any type of media, while taking advantage of TV-like broadcasting features that anyone can learn to master. www.xsplit.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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