3D solutions company DDD will soon start beta testing its TriDef 3D game conversion software across an estimated 144,000 I-Café sites in China after achieving record financial results.
This article is brought to you in association with 3D specialists Presteigne Charter.
Back in February, DDD teamed up with the leading provider of software to the internet café (I-Café) market in China to integrate the TriDef 3D game conversion solution into the software and beta testing is expected to begin in select I-Café locations early in the third quarter. This announcement follows a quarter of an 86% increase in profits compared to the same quarter last year with first year revenues reaching $1,815,000.
Demand for the Group's TriDef 2D to 3D conversion products increased significantly in the first quarter of 2012, with approximately 3.5m units shipped, up 50% compared to the same period in 2011.
DDD’s TriDef software is a 2D to 3D conversion utility which has been licensed to TV, mobile and PC manufacturers with TriDef capturing an estimated 85% of the 3D PC market during 2011. Intel, Sony, LG, Samsung and HP have all licensed TriDef technology.
The company plan to expand its glasses free 3D mobile and tablet business with TriDef Mobile and recently signed two evaluation agreements with customers who are creating 3D reference designs for 3D smartphones and 3D tablet PCs. LG also launched its second generation Optimus 3D Max glasses-free smartphone in March, which uses DDD's TriDef Mobile Android software for 2D to 3D video conversion. TriDef 3D is now integrated in one million units after the first 9 months of launch.
Between mid-February and the end of May, the app has been downloaded more than 20,000 times and averages more than 8,000 launches per week on LG 3D Smart TVs while still in its free trial phase. The Yabazam! 3D app for Samsung's 3D TVs was launched on June 4th achieving over 2,000 downloads in the first four days from customers in the US, Korea, Hong Kong, Taiwan, Germany and the UK.
Chris Yewdall, DDD's Chief Executive Officer, said:
"DDD Group is continuing its successful development into a 3D solutions company as we build upon the momentum in our technology licensing business and establish a broader distribution channel for our 3D content. The first quarter's performance is in line with the Board's expectations and we expect continued growth of the TriDef 3D technology licensing and Yabazam 3D content distribution businesses throughout the remainder of the year."
Results for the first half of 2012 are expected to be published in late September.
For more information visit www.DDD.com.
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