DDD Raises $10 Million for 3D TV Efforts
DDD Group has raised $10 million and commenced trading on the UK'sAlternative Investment Market. Lead investors include SchroderInvestment Management and Merrill Lynch.
DDD's TriDefTM 3D TV technology enables 3D viewing without glasses.Available since June 2001, applications have included advertising,entertainment, oil and gas exploration, military visualization, and 3Dvisualization.
"The fact that we were able to raise $10 million in such a difficultenvironment for capital markets is a testament to the strength of bothour technology and our strategy to bring 3D TV to the mass market,"said Chris Yewdall, President and CEO of DDD. "We identified AIM as thebest market for us in order to capitalize on international financingopportunities."
AIM is the London Stock Exchange's market for growth companies, withover 600 listed companies and a total market capitalization in excessof US$15 billion. Trading of DDD has been strong, with a gain of 26percent after the first week of trading.
In November 2001, TriDef debuted in the consumer marketplace atWherehouse Music in West Hollywood, and was also used over the holidaysby the Venetian Hotel in Las Vegas to promote its Theaters of Sensation3D motion adventure rides. TriDef has been in use on trade show floorssince December 2000, by companies including Motorola, Intel andPioneer.
DDD is transforming television with glasses-free 3D TV. Its patentedtechnologies enable 3D viewing without glasses; supply of 3D contentthrough 2D to 3D conversion; and 3D transmission over existingnetworks.
More information is available at www.ddd.com.




