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ICT Isee3D Inc.

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Share Name Share Symbol Market Type
Isee3D Inc. TSXV:ICT TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ISee3D Inc. Corporate Update

22/11/2010 11:30pm

Marketwired Canada


ISee3D Inc. (TSX VENTURE:ICT), creator of the first commercially feasible single
lens, single camera 3D capture technology, is pleased to announce that it has
adapted its second generation 3D technology into several additional makes and
models of camcorders. This technology, based on new patents recently filed by
the company, allows single lens cameras to capture 3D over a larger zoom range
than previous iterations of the technology. The new process for single lens 3D
capture also enables autofocus and auto exposure, which will ensure a simple 3D
capture experience for end users. 


The company also announces the resignation of Bruce Seidel as Vice-President of
Business Development. Mr. Seidel will continue with the Company in the position
of sales consultant, where he can focus his efforts solely on developing sales
and licensing relationships with potential clients. 


Dwight Romanica, CEO of the Company stated: "This latest technology is a
fantastic step forward for ISee3D, demonstrating once again that we are at the
forefront of the single lens 3D capture movement." Asked about the role change
for Mr. Seidel, Romanica answered: "This move, which will allow Mr. Seidel to
focus solely on specific sales opportunities, will play a pivotal role in our
efforts to expand our customer base, which will allow us to generate solid
revenue streams."


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 New York City,
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.


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