21st Jul 2008 09:22
DDD SIGNS LICENSE AGREEMENT WITH HYUNDAI IT FOR 3-D PC SOFTWARE BUNDLE
Los Angeles, California (July 21st, 2008) - DDD Group plc (AIM: DDD), the 3D software and content company, today announces that it has signed an agreement with Hyundai IT Corporation ('Hyundai') to supply DDD's TriDef 3D Experience software package for Hyundai's range of 3-D desktop PC monitors.
The TriDef 3D Experience is DDD's top-selling consumer 3-D content solution that enables a full range of popular entertainment from PC games to the latest high definition 3-D movies to be enjoyed on the 3-D enabled PC monitors. Features include:
Playing the latest PC games in 3-D
Watching the latest Hollywood movies in 3-D
Converting favorite 2D DVD movies into 3-D automatically
Enjoying family photographs in 3-D
Surfing the web in 3-D
The five-year license agreement allows Hyundai to replicate DDD's software on DVD-ROM for inclusion with Hyundai's W220S 22" and W240S 24" 3D desktop PC LCD monitors that are already available from Hyundai's distributors. The monitors incorporate Arisawa Manufacturing Company's X-Pol™ 3-D optical material to deliver a high quality 3D image equally suited to both consumer and professional 3D applications.
A minimum license commitment of approximately £171,000 is payable in the first year of the agreement with approximately £26,000 of licenses already delivered in the current year.
Chris Yewdall, Chief Executive of DDD said: "We are excited to have secured yet another key supply agreement in the growing market for 3-D consumer displays that expands on our existing 3D HDTV relationship with Hyundai. The TriDef 3D Experience has proved to be a very successful product for DDD with approximately 10,000 licenses already shipped less than a year following its launch."
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Enquiries:
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DDD Group Chris Yewdall, President & CEO e-mail: [email protected] |
+1 310 566-3340 |
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Brewin Dolphin Ken Fleming, Director - Corporate Finance |
+44 (0) 141 314 8114 |
Notes to Editors
About DDD
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 graphics applications with 3D displays; supply of 3D content through 2D to 3D conversion; and 3D transmission over existing networks. DDD is quoted on the London Stock Exchange's Alternative Investment Market (AIM: DDD).
Background
A new category of flat screen LCD and plasma displays are being developed and marketed by 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 have already been included in mobile phones in Japan and Korea and in desktop PC displays and notebook computers in North America and Japan.
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 software enabling them to be displayed on 3D displays without requiring the content to be created specially 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 software applications, marketed under the TriDef® and DDD Mobile™ brand names, to consumer electronics manufacturers for inclusion with the 3D display products supplied to their end users. DDD also licenses its software directly to end users who already own 3D displays and through an international sales channel. DDD's customers include Sharp Corporation, Samsung and Arisawa Manufacturing Company.
In February 2008 Samsung and DDD entered into an development and license agreement to integrate DDD's TriDef 3D real time 2D to 3D conversion solution and 3D image processing architecture in a custom 3D image processing chip that will form the basis of Samsung's next generation 3D HDTVs.
In February 2008 Samsung and DDD entered into an agreement to supply DDD's TriDef 3D Experience software solution as part of Samsung's 3-D accessory pack for their range of 3-D ready plasma and DLP rear projection HDTVs.
In February 2008 DDD delivered the first embedded 3-D HDTV processor for the Hyundai IT 46" 3-D LCD TV that is based on Arisawa Manufacturing's X-Pol 3-D materials. The TriDef Core processor decodes the 3-D television signal being broadcast to consumers in Japan on the BS11 TV network as well as converting high definition 2-D content to 3-D automatically.
In September 2007 Samsung launched a range of 3-D Ready DLP® rear projection HDTVs in North America. DDD's TriDef 3D Experience software solution enables a range of popular entertainment to be enjoyed in 3-D and is available in various accessory packs including 3-D glasses. The 3-D accessory packs are available online from DDD.com and other retail and distribution channels. DDD also supplies software that allows popular PC games to be played in 3-D on the new HDTVs.
In July 2007 Samsung released the SCH-B710 'glasses-free' 3D mobile telephone in South Korea. DDD entered into a development and license agreement with Samsung Electronics allowing Samsung to include DDD's 3D mobile telephone software solution in Samsung's SCH-B710 3D mobile telephone. The license agreement yields a royalty to DDD for each handset manufactured. Samsung renewed its exclusive rights for DDD's real time 2D to 3D conversion capabilities for use on 3D mobile phones in Korea in October 2006.
More information is available at www.DDD.com.
Trademarks:
DLP is a registered trademark of Texas Instruments. TriDef and DDD Mobile are trademarks of DDD Group plc. All other trademarks are the property of their respective owners.
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