RNS Number : 4871Z
DDD Group PLC
21 July 2008
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:
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Playing the latest PC games in 3-D
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Watching the latest Hollywood movies in 3-D
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Converting favorite 2D DVD movies into 3-D automatically
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Enjoying family photographs in 3-D
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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: info@ddd.com
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+1 310 566-3340
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Brewin Dolphin
Ken Fleming, Director - Corporate Finance
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+44 (0) 141 314 8114
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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
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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.
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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.
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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