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Vestel License Agreement

6 Nov 2012 07:00

RNS Number : 3769Q
DDD Group PLC
06 November 2012
 



6 November 2012

 

DDD Group PLC

 

Vestel licenses DDD's TriDef 3D technology for 3D PC monitors

 

Los Angeles, California: DDD Group plc (AIM: DDD), the 3D solutions company, has licensed its TriDefTM3D software to Turkey-based PC manufacturer Vestel Digital for use in 3D monitors. 

 

Vestel Digital is part of the Vestel Group, a leading European supplier of consumer electronics and household appliances ranging from notebook PCs and monitors to televisions, set top boxes and household appliances.

 

DDD will receive quarterly royalty revenues from Vestel, based on the volume of 3D monitors shipped. The monitors are expected to start shipping during the current quarter.

 

DDD's TriDef 3D technology automatically converts videos, photos and DVD movies from 2D to 3D. It also allows over 725 of the latest PC games to be played in 3D "off the shelf," even if they have not been specifically developed for 3D.

 

Available in 37 languages, the TriDef 2D to 3D game conversion engine is compatible with DirectX 9, 10 and 11 games. Its unique high-performance stereoscopic 3D render mode enables 3D gaming with no significant compromise in performance, and is compatible with PC graphics processors from AMD, NVIDIA and Intel's 2nd Gen Core processors.

 

The Vestel monitors will also include a selection of original, high definition 3D programming available from Yabazam.com, DDD's 3D entertainment portal, to ensure a variety of content for 3D viewing.

 

Chris Yewdall, chief executive of DDD, said:

 

"With the growth of the 3D gaming market in particular, we believe there will be a strong demand for 3D monitors. TriDef 3D solutions have shipped in an estimated 80% of 3D PC products and this license with Vestel expands our global presence even further."

 

Over 23 million TriDef 3D products in total have been shipped by DDD's licensees worldwide to date.

 

Enquiries

 

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, Chief Financial Officer

+1 310 566 3340

Canaccord Genuity

Simon Bridges

0207 523 8000

College Hill

Kay Larsen / Adrian Duffield

0207 457 2020

 

About DDD Group

 

DDD transforms the visual experience by bringing 3D to the consumer. Its TriDefTM3D solutions convert 2D to 3D automatically, and enable delivery to 3D TVs, PCs and mobile devices. Leading brands including Intel, Samsung, LG Electronics and Sony license these solutions. Over 23 million TriDef 3D products have been shipped by DDD's licensees worldwide. DDD's Yabazam! label delivers 3D everywhere with its online content portal and Smart TV apps. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM:DDD). For more information please visit www.DDD.com.

 

About Vestel

Vestel Group is comprised of 24 companies operating in manufacturing, technology development, marketing and distribution fields in the consumer electronics, IT, digital technologies, and household appliances, with €3.7 billion turnover. Vestel accounts for 21% of the total TV, 10% of the LCD TV, 25% of the digital set-top boxes, and 10% of the household appliances markets in Europe. For more information, please visit http://www.vestel.com.tr/global/index.html.

 

 

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