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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

28/02/2011 4:22pm

Marketwired Canada


ISee3D Inc. (the "Company" or "ISee3D") (TSX VENTURE:ICT) today announced the
resignation of Dwight Romanica as Director, President and Chief Executive
Officer of the Company. Mr. Romanica will continue as a special consultant
providing finance and capital market advisory services. 


In conjunction with Mr. Romanica's resignation, Tom Mitchell, Chairman of the
Board and CTO of ISee3D, has been named as CEO on an interim basis. Mr. Mitchell
is an original founder of the Company, and has served as a board member since
returning to the Company in 2009. 


"The company is very well positioned strategically," Mr. Romanica said when
asked how his departure would affect the Company. "ISee3D has an extremely
talented executive team, and continues to represent the state of the art in 3D
capture. I'm extremely proud of how far the Company has come in the past several
years, and remain excited about the future of the Company."


"On behalf of the board, I want to thank Dwight for his vision and leadership of
ISee3D over the past 3 years," said Mr. Mitchell. "Through his efforts, ISee3D
has been able to transform its intellectual property into working prototypes and
developed several new inventions that have been patented throughout the world.
ISee3D has positioned itself well for partnerships with many market leading
companies. Those successes have created a fantastic base for us to grow in 2011
and beyond, as we work towards the finalization of licensing and research
partnerships that we have been developing over the past year."


About ISee3D

ISee3D owns certain patented technology which provides for the capture of
stereoscopic (3D) images through a single lens. The Company's technology has
broad application in several markets including the home entertainment industry,
consumer electronics, and imaging devices of all sorts including microscopes,
endoscopes as well as more sophisticated medical imaging systems.


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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