15th Aug 2013 08:30
15 August 2013
DDD Group PLC
DDD licenses TriDef®3D technology to JOMVS for glasses-free 3D PCs
Los Angeles, California: DDD Group plc (AIM: DDD; OTCQX: DDDGY), the 3D solutions company, has licensed its TriDef®3D software to China's Chongqing JOMVS Photoelectricity Company Limited (JOMVS) for its glasses-free 3D PCs.
DDD's TriDef 3D automatically converts videos, photos and DVD movies from 2D to 3D. It also allows over 120 popular Chinese online games and more than 800 of the latest PC games to be played in 3D "off the shelf," even though they have not been specifically developed for 3D. Thegame conversion engine is compatible with games that run on DirectX 9, 10 and 11. It is available in 37 languages.
JOMVS produces a range of glasses-free 3D displays for PCs, TVs and mobile devices. At the ChinaJoy 2013 Expo held in Shanghai last month, JOMVS featured an 82" glasses-free 3D screen showing game clips converted from 2D to 3D using TriDef 3D.
DDD will receive quarterly royalty revenues from JOMVS based on the volume of 3D units shipped.
Chris Yewdall, chief executive of DDD, said:
"JOMVS is committed to increasing the production of its glasses-free 3D display devices, with the goal of becoming the biggest manufacturer of its kind in western China by 2017. The decision by JOMVS to use TriDef as its 3D solution further reinforces DDD's position as a leader in the 3D market."
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer |
+1 310 566 3340 |
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Peel Hunt LLP (U.K. NOMAD/Broker) Richard Kauffer / Daniel Harris |
+44 (0) 207 418 8900 |
College Hill (U.K. IR) Kay Larsen / Adrian Duffield |
+44 (0) 207 457 2020 |
Berns & Berns (U.S. PAL) Michael Berns, Esq. | +1 212 332 3320 |
About DDD
DDD transforms the visual experience by bringing 3D to the consumer. Its TriDef®3D solutions convert 2D to 3D automatically, and enable delivery to 3D TVs, PCs and mobile devices. Leading brands including Samsung, LG Electronics, Lenovo and Sony license these solutions. Over 33 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) and in the United States on the OTCQX® marketplace (OTCQX: DDDGY). For more information please visit www.DDD.com.
About Chongqing JOMVS Photoelectricity Company Limited
Chongqing JOMVS Photoelectricity Limited is wholly owned by Chongqing Light Industry & Textile Group and is provided with related technology by Avic Huadong Photoelectric Company. It mainly produces glasses-free (2D/3D) display devices. Its goal is to achieve production of 1,000,000 glasses-free 3D display devices by 2017, which would make it the biggest glasses-free 3D equipment production base in western China. For more information please visit http://en.qfkg.com.cn/default.aspx.
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