19th Sep 2012 07:00
19 September 2012
DDD Group PLC
DDD renews TriDef 3D licensing deal with China's top PC maker
Los Angeles, California: DDD Group plc (AIM: DDD), the 3D solutions company, has licensed its TriDefTM 3D software for another two years to Top Victory Investments Ltd (TPV), for use in the AOC, Envision, Philips and TPV's own brand of 3D monitors. These polarized 'FPR' 3D displays use DDD's TriDef® 3D technology to provide 2D to 3D conversion for video and games, as well as playback for originally made 3D photo and video content.
TPV is the world's leading PC monitor and LCD TV manufacturer, and is the first Chinese company launching a 3D monitor in China. AOC, a global leading PC consumer brand of monitors, is ranked No.1 with approximately 30% market share in China, and has succeeded in the growth market of internet cafes in China. Accordingly, TPV has now expanded the AOC line-up into the worldwide market.
DDD's TriDef 3D automatically converts PC videos, photos and DVD movies from 2D to 3D. It also allows almost 100 popular Chinese online games and over 670 of the latest PC games to be played in 3D "off the shelf" even though they have not been specifically developed for 3D. The game conversion engine is compatible with games that run on DirectX 9, 10 and 11. It is available in 37 languages.
DDD will continue to receive quarterly royalties based on the volume of AOC, Envision, Philips and TPV's ownbrand 3D monitors shipped.
Chris Yewdall, chief executive of DDD, said:
"The first year of our partnership with AOC has proved to be very successful and we are excited to continue to work with AOC to bring 3D PC products to the mass market.
"TriDef 3D continues its rapid expansion in the 3D market with over 1m PC licenses shipped in the first half of this year."
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer | +1 310 566 3340 |
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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 TriDefTM 3D 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 20 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 TPV/AOC
TPV is the world's leading PC monitor and LCD TV manufacturer. The Group has been able to drive its growth over the years by leveraging its economies of scale and core competencies in R&D, manufacturing, logistic efficiency and superb quality. The Group also distributes its products globally under its own brands AOC and Envision. In 2009 and 2011, the Group acquired exclusive licenses to sell Philips' monitors globally and TVs in China. In April 2012, the Group formed a joint venture, TP Vision, with Philips to take over the latter's TV business.
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