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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
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ISee3D Inc. Corporate Update

23/11/2010 12:30am

Marketwired


Isee3D Inc. (TSXV:ICT)
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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.

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 416-848-6353 dromanica@ISee3D.com

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