ISee3D Pens First Deal to Produce Commercial Single Lens 3D Camcorder Prototype
28 Oktober 2010 - 9:34PM
Marketwired
ISee3D Inc. (TSX VENTURE: ICT), is pleased to announce their first
revenue with the billing of engineering fees for work with one of
the fastest growing digital camcorder manufacturers in the world.
ISee3D was chosen to create a prototype, using its cutting edge
design and engineering work to develop the next generation 3D
camcorder for the manufacturer. Together, ISee3D and the client
will design a consumer camcorder for capturing 3D in real time with
a single lens - avoiding the major problems caused by two-camera
designs.
The ISee3D camcorder prototype is working, capturing 3D images
over full focus and zoom range of the camera - something that most
other 3D camcorders (which rely on 2 lenses) have struggled to
accomplish. By combining the client's popular camcorder and
ISee3D's breakthrough technology, consumers will easily be able to
capture their child's first birthday or graduation in high
definition 3D using the same single lens recording methods that
they have used all of their life.
"We look forward to working with this client as our combined
expertise will yield a superior 3D camcorder which allows consumers
to easily capture 3D at family events, travels, or important
moments," says Dwight Romanica, CEO at ISee3D. "Our first foray
into the consumer electronics market demonstrates the strength of
our technology while showcasing its scalability and ease of
use."
ISee3D's unique single lens optical process changes the way 3D
is captured by eliminating issues that have inhibited the mass
proliferation of 3D capture. The company's technology simplifies 3D
capture so that footage can be shot in real time and then shown
right away - allowing consumers to relive their filmed experiences
quickly and realistically.
This marks the second major camcorder manufacturer that ISee3D
has partnered with to develop a prototype enabling 3D capture
through a single lens.
About ISee3D
ISee3D is driving the universal adoption of 3D single lens
capture - from consumers and Hollywood to health care and military.
The company is introducing the first commercially feasible single
lens, single camera 3D capture technology. Scalable in size from
one mm in diameter to more than over 250 mm, the patented
technology can be applied across many devices. Through its patented
optical switch technology, ISee3D continues to aggressively pursue
the best in 3D innovation to ensure an immersive 3D viewing
experience, rather than the traditional two lenses or 2D conversion
approaches that are the current standard. The company is
headquartered in Toronto with offices in Vancouver, and
Montreal.
Statements included in this announcement, including statements
concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified
as, "forward-looking statements" for purposes of the safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including
"anticipates", "believes", "intends", "estimates", "expects" and
similar expressions. The company cautions readers that
forward-looking statements, including without limitation those
relating to the company's future operations and business prospects,
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Investor Relations Contact: ISee3D Inc. Dwight
Romanica CEO Office: 416-848-6353 dromanica@ISee3D.com
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