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:
* Playing the latest PC games in 3-D
* Watching the latest Hollywood movies in 3-D
* Converting favorite 2D DVD movies into 3-D automatically
* Enjoying family photographs in 3-D
* 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."
Enquiries:
DDD Group +1 310 566-3340
Chris Yewdall, President &
CEO
e-mail: info@ddd.com
Brewin Dolphin +44 (0) 141 314 8114
Ken Fleming, Director -
Corporate Finance
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
* A new category of flat screen LCD and plasma displays are being developed and
marketed by major consumer electronics companies
that provide stereoscopic 3D images both with and without the need for the viewer to wear
glasses. Stereoscopic 3D images appear to have
natural in and off-screen depth. 3D displays have already been included in mobile phones in
Japan and Korea and in desktop PC displays and
notebook computers in North America and Japan.
* 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.
* 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.
* In February 2008 Samsung and DDD entered into an development and license agreement
to integrate DDD's TriDef 3D real time 2D to 3D
conversion solution and 3D image processing architecture in a custom 3D image processing chip
that will form the basis of Samsung's next
generation 3D HDTVs.
* In February 2008 Samsung and DDD entered into an agreement to supply DDD's TriDef 3D
Experience software solution as part of
Samsung's 3-D accessory pack for their range of 3-D ready plasma and DLP rear projection
HDTVs.
* In February 2008 DDD delivered the first embedded 3-D HDTV processor for the Hyundai
IT 46" 3-D LCD TV that is based on Arisawa
Manufacturing's X-Pol 3-D materials. The TriDef Core processor decodes the 3-D television
signal being broadcast to consumers in Japan on
the BS11 TV network as well as converting high definition 2-D content to 3-D automatically.
* In September 2007 Samsung launched a range of 3-D Ready DLP® rear projection HDTVs
in North America. DDD's TriDef 3D Experience
software solution enables a range of popular entertainment to be enjoyed in 3-D and is
available in various accessory packs including 3-D
glasses. The 3-D accessory packs are available online from DDD.com and other retail and
distribution channels. DDD also supplies software
that allows popular PC games to be played in 3-D on the new HDTVs.
* In July 2007 Samsung released the SCH-B710 'glasses-free' 3D mobile telephone in
South Korea. DDD entered into a development and
license agreement with Samsung Electronics allowing Samsung to include DDD's 3D mobile
telephone software solution in Samsung's SCH-B710 3D
mobile telephone. The license agreement yields a royalty to DDD for each handset manufactured.Samsung renewed its exclusive rights for
DDD's real time 2D to 3D conversion capabilities for use on 3D mobile phones in Korea in
October 2006.
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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