ISee3D Closes First Tranche of Debt Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS


Further to a press release issued on November 17, 2010, ISee3D Inc. (TSX
VENTURE:ICT) ("ISee3D" or the "Company") is pleased to announce the closing of
the first tranche of a private placement of promissory debt units (the
"Financing") entailing gross proceeds of $1,000,000. Each Debt Unit is issued at
a price of $50,000 and entitles the holder thereof to receive $3,000 of interest
per year (6% per annum) for a period of three years. The Company has the option
to repay the Debt Units at any time after the first year without penalty. The
interest portion of the Debt Units will be due on a semi-annual basis.


In addition, each Debt Unit contains 89,646 warrants, with each warrant
exercisable into one common share of the Company at $0.40 per share for a period
of three years (the "Debt Warrants"). The Debt Warrants have an acceleration
clause should, after four months after the close of the Promissory Debt
financing, the closing price of the Company's common shares is at or above $0.60
per common share for 21 consecutive trading days. Written notice will be
provided to the Debt Unit holders advising that they have 30 days to exercise
the Debt Warrants, which will expire worthless on the 31st day.


A cash finder's fee in the aggregate of $42,500 was paid and an aggregate of
180,000 non-assignable agent's warrants (the "Agent's Warrants") was issued to
Union Securities Ltd., which has agreed to act on a best efforts agency basis
with respect to the Financing. The Agent's Warrants have the same terms as the
Debt Warrants.


Proceeds from this Financing will be used to fund the Company's marketing
programs, establish licensing agreements and for general working capital
purposes.


Dwight Romanica, the Company's Chief Executive Officer, participated in the
Financing in the amount of $150,000, evidencing his continued commitment to and
support of the Company. Mr. Romanica stated: "ISee3D is a company with a
compelling solution to a pressing market need, and is poised for growth as it
solidifies licensing relationships."


All of the securities issued under the Financing will be subject to a hold
period expiring four months and one day from the date of issuance.


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.


United States Advisory

The securities referred to herein have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S. Securities
Act"), have been offered and sold outside the United States to eligible
investors pursuant to Regulation S promulgated under the U.S. Securities Act,
and may not be offered, sold, or resold in the United States or to, or for the
account of or benefit of, a U.S. Person (as such term is defined in Regulation S
under the United States Securities Act) unless the securities are registered
under the U.S. Securities Act, or an exemption from the registration
requirements of the U.S. Securities Act is available. Hedging transactions
involving the securities must not be conducted unless in accordance with the
U.S. Securities Act. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities, nor shall there be any sale
of securities in the state in the United States in which such offer,
solicitation or sale would be unlawful.