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Patent Advisor Agreement

17th Mar 2014 07:00

RNS Number : 2757C
DDD Group PLC
17 March 2014
 

17 March 2014

 

DDD Group plc

 

DDD appoints IP Navigation Group as its strategic patent advisor

 

Los Angeles, California: DDD Group plc (AIM: DDD; OTCQX: DDDGY), the advanced imaging and 3D solutions company, has appointed IP Navigation Group (IPNav) as its strategic patent advisor.

 

Following two decades of research and development in the field of stereoscopic 3D and advanced imaging, DDD has created an extensive international patent library. Many of these patents have formed the basis for technologies that have been shipped with over 38 million 3D consumer products since 2010 including televisions, PCs and smartphones, firmly establishing the value of these innovative concepts and inventions.

 

The appointment is the result of DDD's extensive search for an established partner that can assist DDD's in evaluating strategic options for DDD's extensive patent rights. DDD and IPNav will closely collaborate to develop a focused patent licensing program.

 

Chris Yewdall, CEO of DDD, said:

 

"DDD has invested heavily over the past twenty years to invent innovative 3D products and solutions that have been used by leading brand name licensees in tens of millions of 3D products, confirming the relevance of these inventions. We believe that IPNav brings a depth of experience, worldwide coverage and flexible approach that we did not see with other intellectual property advisors."

 

Erich Spangenberg, CEO of IPNav said:

 

"DDD's 3D conversion and rendering technology patents and related intellectual property are well established in the 3D market globally. This appointment will allow IPNav to assist DDD in its ongoing efforts to achieve fair value for its significant investments in research and development."

 

 

Enquiries

 

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, CFO

 

+1 310 566 3340

 

 

IPNav

Barry Leff

 

+1 214 438 0800

 

Peel Hunt LLP (UK Nomad/Broker)

Richard Kauffer / Daniel Harris

+44 (0)207 418 8900

Berns & Berns (US PAL)

Michael Berns, esq.

+1 212 332 3320

 

About DDD

DDD transforms the visual experience. Its advanced imaging and TriDef® solutions are licensed by leading brands including Samsung, LG and Lenovo for use in TVs, tablets and PCs. Over 38 million 3D products have been shipped by DDD's licensees worldwide. DDD's Yabazam® streaming service delivers 3D to smart TVs and tablets everywhere. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD) and the OTCQX (DDDGY). For more information please visit www.DDD.com.

 

About IPNav 

Established in 2003, IPNav is the world's leading full-service patent monetization firm, helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios - with timetables and objectives set by the client.

 

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