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SIO

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Share Name Share Symbol Market Type
TSXV:SIO 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 -

SENSIO Signs an Agreement With LG for the International Deployment of 3DGO! on CINEMA 3D Smart TVs

08/07/2014 1:30pm

Marketwired Canada


SENSIO Technologies Inc. ("SENSIO") (TSX VENTURE:SIO) today announced that it
has signed an agreement with LG Electronics Inc., a global leader in consumer
electronics, for the deployment of its 3DGO! video-on-demand service on CINEMA
3D Smart TVs in over a dozen countries around the world. This agreement marks
the beginning of the international expansion of 3DGO! beyond the U.S. and the
arrival of a third major manufacturer in the growing family of 3D TVs that
support 3DGO!


Scheduled for Fall 2014, the initial deployment will target 13 countries in
Europe, North America and South America. SENSIO will adapt the rate and extent
of 3DGO!'s deployment to each region based on the potential benefits expected.
The first launch is planned for the U.S. in October 2014, followed by the other
12 countries listed in the agreement as of December 2014. SENSIO then plans to
continue with targeted deployment in other parts of the world starting in 2015.
The 3DGO! application will be made available on LG's NetCast and webOS
platforms. 


LG is the world's biggest manufacturer of 3D TVs based on FPR technology (using
polarized glasses such as those used in theatres) and it has one of the biggest
sales volumes in the market. 


"We are proud to be able to count on such an important partner as LG for our
international expansion," said Nicholas Routhier, President and CEO of SENSIO.
"LG is undoubtedly the most vocal and committed supporter of 3D at home, and we
are very excited to be able to work with them on the proliferation of this
exceptional experience. 3DGO! fits in perfectly with LG's strategy to promote
the adoption and sale of its 3D TVs, by offering a wealth of content that
includes hit movies and quality documentaries. Through this partnership, we will
benefit from LG's impressive international sales volume, especially in Europe
which generates roughly 30% of global unit sales volumes of 3D TVs from all CE
manufacturers according to DisplaySearch. With today's agreement, SENSIO can
confidently move forward with its international expansion program."


3DGO!(TM) is the world's first and only dedicated 3D transactional VOD service
offering the largest selection of high-quality 3D content, including some of the
latest 3D Hollywood blockbuster titles, via internet streaming to 3D smart
devices. The application offers consumers quick and easy access to an
ever-growing library of varied 3D content which SENSIO is committed to continue
developing. Neither subscription nor additional playback equipment is required
making it a simple, inexpensive and ideal way to watch 3D in the home. 3DGO!
uses the award-winning SENSIO(R) Hi-Fi 3D technology, a unique frame-compatible
technology providing high-fidelity stereoscopic images while using conventional
2D channels. The application is currently available in the US on select 3DTVs.
For a list of compatible devices and available movies, please visit
www.3DGO.com.


For further information on SENSIO and its technologies, please visit www.sensio.tv 

About SENSIO Technologies Inc. (SENSIO): 

SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor in bringing
3D video to the consumer since 1999. Its vision, expertise and state-of-the-art
solutions, based on diversified stereoscopic image-processing technologies, have
been trusted by some of the biggest names in the media and entertainment
industries to power numerous industry firsts, initiate new business models and
generate immediate revenue with a distinctive 3D offering.


SENSIO enables its clients to deliver the best possible 3D experience for the
end-user through a broad portfolio of products, including its flagship,
award-winning technology, SENSIO(R) Hi-Fi 3D. Through SENSIO solutions,
consumers can access - with effortless interaction and complete peace of mind -
3D content of superior quality to common frame-compatible formats distributed
over existing infrastructure (cable, satellite or over IP) and displayed using
any existing digital equipment (cinema, home cinema, TV, game consoles or PC).
SENSIO is listed on the Toronto TSX Venture Exchange.


SENSIO(R) is a registered trademark of SENSIO Technologies Inc.

Caution Concerning Forward-Looking Statements

Certain statements made in this press release that are not historical facts are
forward-looking statements and are subject to important risks, uncertainties and
assumptions, both general and specific, which give rise to the possibility that
actual results or events could differ materially from our expectations expressed
in or implied by such forward-looking statements... As a result, we cannot
guarantee that any forward-looking statement will materialize and readers are
cautioned not to place undue reliance on these forward looking statements. For
more exhaustive information on these risks and uncertainties, the reader should
refer to the risk factors described in the management's discussion and analysis
of SENSIO for the quarter ended February 28, 2014. The forward-looking
statements contained in this press release represent our expectations as of the
date hereof. We disclaim any intention and assume no obligation to update or
revise any forward-looking statements. Forward-looking statements are presented
for the purpose of providing information about management's current expectations
and plans and allowing investors and others to obtain a better understanding of
our anticipated operating environment. Readers are cautioned that such
information may not be appropriate for other purposes. 


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.


Facebook: http://www.facebook.com/SENSIO3D 

Twitter: http://twitter.com/SENSIO3D 

LinkedIn: http://www.linkedin.com/company/337733?trk=tyah

YouTube: http://www.youtube.com/sensio3dtech

FOR FURTHER INFORMATION PLEASE CONTACT: 
SENSIO
Nicholas Routhier
President & CEO
+1 514-846-2022
nicholas.routhier@sensio.tv

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