RNS Number : 0729C
DDD Group PLC
27 August 2008
DDD SIGNS DEVELOPMENT AGREEMENT WITH HYUNDAI IT
TO EXPAND 3D LCD TV RANGE
Santa Monica, California (August 27th, 2008) - DDD Group plc (AIM: DDD), the 3D consumer solutions and content company, today announces that it has signed a development agreement with Hyundai IT Corp. ('Hyundai') to expand Hyundai's range of 3D HDTVs that incorporate DDD's TriDef® Core embedded hardware solution.
Under the terms of the agreement, DDD will integrate the TriDef Core with Hyundai's range of 32' LCD TVs that incorporate Arisawa Manufacturing Company's X-Pol™ 3D optical material. The new 32' models are scheduled for launch during October in Japan to support the BS11 3D television programming from Nippon BS Broadcasting Corporation. DDD will also deliver a version of the TriDef Core compatible with European broadcast formats.
TriDef Core is a custom circuit board that integrates with the existing 2D video electronics in the LCD HDTV. 3D features enabled by the TriDef Core processor include decoding the BS11 3D broadcast signal format, playback of specially encoded high definition Blu-ray™ discs and real time 2D to 3D conversion of standard and high definition content.
Using Arisawa's innovative 3D optics, the flat screen 3D televisions are capable of displaying conventional 2D pictures as well as 3D. When the viewer decides to watch in 3D, they simply activate the 3D functions using their remote control and put on a pair of 3D glasses. The system then delivers a 3D image from any viewing position in the living room with the same clarity and quality as the latest 3D digital cinemas.
Chris Yewdall, Chief Executive of DDD said: 'We are pleased to be expanding the range of 3D LCD TVs that are powered by DDD's market leading TriDef solutions. Shipments of 32' LCD TVs represent approximately 40%* of the total sales in the LCD TV market and the new Hyundai 32' 3D model should deliver an affordable 3D TV for customers in a variety of markets.'
* DisplaySearch LCD TV market update August 2008
Enquiries:
DDD Group
Chris Yewdall, President & CEO +1 310 566-3340
e-mail: info@ddd.com
Brewin Dolphin
Sandy Fraser, Managing Director - Corporate Finance +44 (0) 131 529 0272
Paul Mason, Assistant Director - Corporate Finance +44 (0) 141 314 8208
Notes to Editors
About DDD
DDD, also known as Dynamic Digital Depth, is transforming the viewing experience with applications for 3D consumer 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:
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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