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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 Pens First Deal to Produce Commercial Single Lens 3D Camcorder Prototype

28/10/2010 8:34pm

Marketwired Canada


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.


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