13th Jul 2011 07:00
13 July 2011
DDD Group PLC
DDD licenses 2D to 3D conversion software to mobile phone maker
DDD Group plc (AIM: DDD, 'the Group'), the 3D solutions company, has signed a two-year license agreement with a leading mobile phone manufacturer to bundle DDD's TriDef® 3D conversion software products with the manufacturer's latest 'glasses-free' 3D smartphones.
Under the terms of the license agreement, the handset maker will embed DDD's TriDef® 3D Mobile Android™ software application for automatically converting video from 2D to 3D on its new 3D handset. The 3D smartphone will shortly be available from mobile carriers and retailers in Asia, Europe and the United States.
DDD will receive quarterly royalties from the manufacturer based on the volume of 3D smartphones manufactured. Production of handsets including the TriDef software began in H1 2011. The agreement also includes a one-off $120,000 development and license fee.
Chris Yewdall, Chief Executive of DDD, said:
"This agreement represents the culmination of development work that began in the second half of 2010 to create an Android version of our TriDef 2D to 3D conversion solution for TI's OMAP™ 4 smartphone processors.
"DDD's TriDef 3D content solutions are now available for all major consumer displays including televisions, personal computers and smartphones, with the latest 3D visual experience delivered without the viewer needing to wear special 3D glasses."
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer | +1 310 566 3340 |
Canaccord Genuity Simon Bridges | 0207 050 6500 |
College Hill Kay Larsen / Adrian Duffield | 0207 457 2020 |
About DDD Group
DDD transforms the visual experience by bringing 3D to the consumer. Its TriDef 3D solutions deliver unlimited content for 3D TVs, PCs and mobile devices. Leading brands including Intel, Samsung, LG Electronics and Texas Instruments license these solutions. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD). For more information, visit www.DDD.com.
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