3DIcon Corporation (Ticker: TDCP.OB)
6804 South Canton Avenue
Tulsa, OK 74136
Investor Relations Contact: Judy Keating, Tel: 918-494-0505
Transfer Agent: Continental Stock Transfer and Trust Company, Tel: 212-509-4000
3DIcon is a developer of groundbreaking 3D projection and display technologies that are being designed to produce full color, 360 degree volumetric images. The company's mission is to surpass current 3D technologies by creating true-to-life 3D images that occupy a 3D space and appear solid as viewed from any angle without any special viewing aids. The commercial applications for 3D imaging technologies are projected to approach a market size of well over $1 billion by 2011.
The company recently achieved an historic breakthrough in the development of 3D display technologies with the invention of a working prototype of its proprietary 3D display system CSpace®. CSpace® renders high-resolution, 360-degree, three-dimensional images without any viewing aids. CSpace® is the first system of its kind that has no mechanical moving parts and is also scalable.
Following achievement of its prototype, 3DIcon signed its first licensing agreement with defense contractor ARIA International Incorporated to license 3DIcon's CSpace® 3D imaging technology in select military and homeland security applications. This is the first of many licensing agreements 3DIcon intends to pursue in its commercialization strategy for CSpace®.
3DIcon has also recently launched Pixel Precision®, a software product that targets the R&D market for developers using Texas Instruments' DLP line of products.
Research and Development Partnership with University of Oklahoma
3DIcon has a Sponsored Research Agreement (SRA) with the University of Oklahoma (OU), whereby 3DIcon's technologies are being developed by leading researchers and scientists in multiple disciplines on two campuses. 3DIcon has the exclusive worldwide rights to technologies developed under the auspices of the SRA. On December 1, 2010, 3DIcon and OU entered into a material definitive agreement whereby OU converted all sums due to it by the company into stock. This agreement amounted to OU owning approximately 8% (or 59,000,000 shares) of 3DIcon.
The CSpace Volumetric Imaging System (static volume display technology) is the company's flagship technology that is being rapidly developed. On December 21, 2010, 3DIcon announced OU was awarded patent 7,858,913 for CSpace. CSpace uses a clear volumetric image space within which invisible nano-size up-conversion material is dispersed. A volumetric 3D image is rendered when invisible laser beams are precisely directed into the image space, exciting the nano-materials to emit visible light and thus display a full color, volumetric image. CSpace does not require viewing aids or glasses, does not cause viewer fatigue during prolonged use, and is capable of producing translucent images for viewing the inside of images, such as human organ, cargo containers, baggage, ocean or terrain features, or troop carriers, all of which are beyond the capabilities of other current display methodologies. CSpace is pure, static 3D display that doesn't require mechanical rotational movement and has the potential to generate 3D images with a resolution up to 800 million voxels -- eight times that achieved by a typical mechanical swept-volume display.
CSpace has a wide market for potential applications in such fields as medical imaging (CT, MRI, dental), baggage and cargo scanning, military performance-mission planning, tactical awareness, decision support, and post engagement assessment-engineering and geospatial exploration, education and training applications, entertainment applications (video games), air traffic control systems, space transportation systems, and earth science research. For example, CSpace provides volume rendering of the surface and the interior of any human organ, which could increase the effectiveness of real-time imaging systems such as fMRI that are central to future medical care and research (prototype image of human rib cage). Other types of displays, such as holographic displays, can render objects but are unable to show an interior view; those displays would not be effective in applications that require rendering of object interiors such as medical images, cargo scanning for homeland security, and others.
Learn more about CSpace at: http://www.3dicon.net/patents/cspace
3D Icon launched its first product, Pixel Precision®, which targets the research and development market for Texas Instruments' DLP® technology. The provisional patent application covering Pixel Precision® was filed on January 29, 2007. Pixel Precision® emerged as a by-product of the research conducted on its core 3D technologies. Sales channels for the product include software distributors as well as direct sales by 3DIcon. 3DIcon's new product is expected to address the needs of a market that includes projection and display manufacturers that design, manufacture, and market products based on DLP® technology. In addition to digital TV, DLP® technology is also being used in several emerging applications like 3D metrology, confocal microscopy, holographic data storage, scanning, and other advanced imaging and visualization applications. Learn more about Pixel Precision at: http://www.pixelprecision.net/
RECENT COMPANY NEWS
3dicon To Acquire Dimension Technologies
TULSA, Okla. and ROCHESTER, N.Y., July 18, 2012 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional display technologies, and Dimension Technologies Inc. (privately held), a developer of next generation flat screen 3D displays, today announced that they have signed a non-binding Letter of Intent outlining the terms and conditions for 3DIcon to acquire Dimension Technologies.
3DIcon CEO Mark Willner said, "The Dimension Technologies team and technologies will become the cornerstone of our glasses-free flat screen 3D strategy and fully complements our patented CSpace® glasses-free volumetric technology. We selected Dimension Technologies after an extensive review of both current and next generation glasses-free flat screen 3D display technologies. Their technologies, patent portfolio, and innovation capabilities will provide us with another set of significant and sustainable competitive advantages in the 3D display industry."
Dimension Technologies CEO Arnie Lagergren added, "Being part of 3DIcon will enable us to get products that incorporate our technology to market much faster by leveraging the existing display industry relationships and commercialization expertise of the 3DIcon management team. In addition, being part of a public company gives us much more efficient access to capital. Both of these will allow us to focus on developing higher performance and lower cost flat screen 3D display technologies that are already on our technology roadmap."
Display industry analyst and 3D display expert, Chris Chinnock, President of Insight Media, when learning of the proposed transaction, commented: "The Dimension Technologies 3D displays that I have seen look much better than the other glasses-free 3D flat screen displays available today. In addition, since they generate the multiple views required for 3D using time multiplexing, it is not necessary to use an expensive 4K native resolution panel (4x HDTV) to achieve high-quality glasses-free 3D images. I believe that 3DIcon has chosen wisely with Dimension Technologies. Having known the CEO of 3DIcon, Mark Willner, for over a decade, I expect that this acquisition is part of a much larger strategy for 3DIcon." Insight Media is a leading market research publishing and consulting firm focused on the emerging segments of the display industry.
The Letter of Intent is not binding on either party and there is no assurance that the parties will reach a definitive agreement.
3DIcon Corporation Appoints Display Industry Veterans to CEO and Senior Technical Advisor Positions
TULSA, Okla., March 19, 2012 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today announced it has restructured its management team, with the appointments of a new Chief Executive Officer (CEO) and a new Senior Technical Advisor, both display industry veterans who have brought new display technologies to market.
Sidney Aroesty, the Company's current CEO, has stepped down and will continue to provide his leadership and experience in building successful public companies as a newly-elected member of 3DIcon's Board of Directors.
3DIcon's Board of Directors has appointed display industry veteran Mark Willner as CEO. Mr. Willner has 30 years of product development, product commercialization, sales, entrepreneurial, and executive experience in the display industry. He has held key positions with a number of technology companies, including Wyse Technology and Hewlett-Packard. In addition, Mr. Willner was the founder of Colorado MicroDisplay, one of the first successful U.S. companies to make the miniature displays that are used in cameras, camcorders and other products. Over his career he has personally raised over $60 million in corporate, venture and mezzanine financing. For the past ten years Mr. Willner has run nFlexion, an internationally based management consulting firm specifically focused on display technology commercialization.
Mr. Aroesty commented, "I believe Mark brings to 3DIcon an experience in the display field that is unmatched. I am pleased to continue serving the Company as a Board Member and make way for Mark to lead the Company into commercial success as he has with many other technology companies."
Mr. Willner added, "I am looking forward to a direct and active role in leading the Company's growth. The Company's technology has the potential to provide key benefits to, among others, data intensive industries and applications. In order to accelerate our entry into key 3D markets and the development of our next generation prototype, we have already begun discussions with both potential marketing and development partners."
Working closely with Mr. Willner and the Company's Chief Technical Officer (CTO), Dr. Hakki Refai, will be Dr. George Melnik, 3DIcon's new Senior Technical Advisor. Dr. Melnik has had a long career in display technology commercialization, including positions at General Electric where he played a key role in the pioneering of active matrix displays (now used in everything from mobile phones to televisions) and at Phillips Electronics, where he was the technical lead in the development of the first scrolling color rear projection television system.
"It has been very rewarding seeing CSpace evolve and reach new milestones. I am pleased to welcome Dr. Melnik to the technical team. His extensive display engineering and commercialization expertise is a perfect complement to my scientific background," stated Company CTO, Dr. Refai.
Dr. Melnik added, "3DIcon's technology team has brought the technology to a level where we have the highest confidence that the next phase will be completed in a timely fashion. That will be my main focus in the immediate and near term."
Brian Hoover, who had been serving as VP of Technology, has resigned to return to his full time position as President of Advanced-Optical Technology, Inc.
Co-Chairman of the Board, Mr. Victor Keen commented, "These changes in management are designed to focus the Company as it continues its efforts to develop 3D display technology for the current market and the next generation of products. We continue to develop CSpace, to seek development partners and to explore potential acquisition targets that have non-competitive 3D display technology currently in advanced stages of development or already commercialized and producing revenue."
CSpace(R) 3D Display Awarded U.S. Patent
TULSA, Okla., Dec. 21, 2010 (GLOBE NEWSWIRE) -- The U.S. Patent and Trademark Office has announced the granting of U.S. Patent 7,858,913 for CSpace(R), a volumetric, three-dimension projection and display technology. The patent was awarded to the University of Oklahoma ("OU") under its Sponsored Research Agreement ("SRA") with 3DIcon Corporation (OTCBB:TDCP - News). 3DIcon signed an SRA with OU in 2006 to develop the technology now known as CSpace and has provided OU with nearly $2 million in research funding on the project. As is standard in most SRAs, OU owns the patent for CSpace, and 3DIcon Corporation owns the exclusive worldwide marketing rights to the CSpace technology.
Martin Keating, Chairman and CEO of 3DIcon Corporation said, "This is an important milestone in 3DIcon's effort to commercialize the first volumetric three-dimensional display system. This significant achievement, coupled with our work on image space improvements, puts us within reach of a bigger, better display space that will more effectively demonstrate the capabilities of CSpace to our prospective partners."
CSpace is a unique 3D display that is being designed to produce high-resolution full-color, true 3D images. The display does not require special viewing aids or glasses, does not cause viewer fatigue during prolonged use, and is capable of producing translucent images for viewing the inside of images, such as a human organ, cargo containers, baggage, ocean or terrain features, or troop carriers, all of which are beyond the capabilities of other current display methodologies. CSpace is a pure, static 3D display that doesn't require mechanical rotational movement and has the potential to generate 3D images with resolution up to 800 million voxels - eight times that achieved by a typical mechanical swept-volume display.
CSpace has a wide market for potential applications in such fields as medical imaging (CT, MRI, dental), baggage and cargo scanning, military performance-mission planning, tactical awareness, decision support, and post engagement assessment-engineering and geospatial exploration, education and training applications, entertainment applications (video games), air traffic control systems, space transportation systems, and earth science research. For example, CSpace provides volume rendering of the surface and the interior of any human organ, which could increase the effectiveness of real-time imaging systems such as fMRI that are central to future medical care and research. Other types of displays, such as holographic displays, can render objects but are unable to show an interior view; those displays would not be effective in applications that require rendering of object interiors such as medical images, cargo scanning for homeland security, and others.
Hakki Refai, CTO of 3DIcon Corporation was excited about the granting of the patent, "We have been waiting for this for some time, and it's great to finally have it in hand. Our goal now is to complete the improvements to the image space and produce a larger display prototype for use at trade shows and demonstrations to prospective investors and partners."
CSPACE PROTOTYPE IMAGES
Human Rib Cage as seen thru CSpace Display at 60 slices. Heart and Man as seen thru CSpace Display at 45 slices. Image originally
Lungs were filtered out. Image originally published in "3D Visualization published in "Improving Resolution and Image Space in a Static
of Medical Imaging Using Static Volumetric Display" by Dr. Hakki Refai Volumetric 3D Display" by Dr. Hakki Refai in December 2010.
in March 2010.
Single aircraft as seen thru CSpace Display. Image originally published in Multiple aircraft approaching runway as seen thru CSpace Display. Image originally
"3D Images Using CSpace Display for Air Traffic Control Applications" published in "3D Images Using CSpace Display for Air Traffic Control Applications"
by Dr. Hakki Refai in April 2011. by Dr. Hakki Refai in April 2011.
Dr. Hakki Refai
Chief Technology Officer
Dr. Hakki Refai overseas all of 3DIcon's research and development both in-house as well at the University of Oklahoma (OU) under its SRA with 3DIcon. Dr. Refai is an award winning scientist and the inventor of Pixel Precision® and 3DIcon's groundbreaking CSpace® 3D imaging technology. He is also an Affiliate Assistant Professor at the Electrical and Computer Engineering department of OU in Tulsa. Prior to joining 3DIcon as its CTO, he was a Senior Research Scientist in the School of Electrical and Computer Engineering, Telecommunications Engineering Program, at OU. He has more than five years experience leading the design, manufacturing, and marketing of advanced electronic devices before obtaining his Ph.D. and Master degrees in the Electrical and Computer Engineering from the University of Oklahoma in 2005 and 2002, respectively. Dr. Refai has authored and coauthored many journal and conference publications, and has served on the program committee of Atmospheric Laser Propagation III and IV, SPIE Defense and Security Symposium held in 2006 and 2007. He is a member of the IEEE, the SPIE, the OSA, and the SID.
Dr. James Sluss
Dr. Sluss leads the overall research work for the 3DIcon SRA. Dr. Sluss is the Morris R. Pitman Professor and Director of the School of Electrical and Computer Engineering at OU. He has been awarded seven U.S. patents, has authored/co-authored numerous journal and conference publications, and has been principal/co-principal investigator on over $11 million in sponsored research grants and contracts. He received his B.S in Physics in 1984 from Marshall University, and his M.S. and Ph.D. in Electrical Engineering in 1986 and 1989, respectively, from the University of Virginia. His current research areas are in three-dimensional displays, optical communications, photonics, and intelligent transportation systems. Dr. Sluss has received honors and awards for his work for Digital Avionics and NASA among other accolades. Dr. Sluss is a member of the Institute of Electrical and Electronics Engineers (IEEE), IEEE Education Society, IEEE Communications Society, Optical Society of America (OSA), International Society for Optical Engineering (SPIE), and American Society of Engineering Educators (ASEE). He presently serves as Treasurer of the IEEE Education Society.
TECHNICAL ADVISORY BOARD
Chairman of Technical Advisory Board
As President and COO of 3DIcon from 2007 through 2009, Mr. Bhaman helped lead the company into new strategic milestones including listing 3DIcon as a fully reporting company on the OTCBB market, completing Phase I of 3DIcon's SVD technology, as well as the introduction of the company's first commercial product, Pixel Precision™.
Mr. Bhaman has been at the forefront of introducing new technologies and products to markets across the world. His spectrum includes consumer and business technologies such as cell phones and secure e-commerce transaction systems. At Verifone and Hewlett Packard, he was responsible for launching and managing the Asia-Pacific operations of the Electronic Commerce division. He has held leadership positions with global media giants Omnicom Group and Interpublic Group. For more than 15 years, Mr. Bhaman has successfully led startup and marketing operations for an enterprise-software technology company, including its acquisition of marquee customers Walt Disney, Southern California Edison, and Freeman Group.
He holds an MBA with specializations in Marketing and Finance as well as a Bachelors Degree in Engineering.
Dr. Thomas W. Allen
Director of Medical and Educational Applications and Director of Corporate Wellness
Dr. Allen brings to the organization over 40 years of experience medical practice, medical education and medical research. He is certified in internal medicine, pulmonary medicine and sports medicine. Currently a Clinical Professor of Family and Sports Medicine at the University of Oklahoma College of Medicine in Tulsa, he recently retired as Vice president and Dean of Osteopathic Medicine at the Oklahoma State University Center for Health Sciences. While at Oklahoma State University, he established the nation's first medical school based telemedicine center and was appointed the first Southwestern Bell Professor of Telemedicine. Dr. Allen served for 17 years in the US Army Reserve achieving the rank of Colonel. While serving in the USAR medical corps, he developed expertise in the recognition and treatment of chemical and biological casualties and disaster response. He is currently enrolled in the MPH program at the University of Oklahoma College of Public Health in the Domestic Preparedness and Terrorism Track. He is widely published in the areas of medical practice, medical health and wellness, and sports medicine. Dr. Allen received his BA degree from Ottawa University, Ottawa, Kansa and his DO degree from Midwestern University, Chicago. His completed his graduate medical education at Northwestern University, also in Chicago.
Dr. Pradeep Sen
Dr. Pradeep Sen is a computer graphics specialist with expertise in image rendering and synthesis, including algorithms and hardware. His contributions to 3DIcon include assistance in enabling real-time interactive imaging on CSpace®. Dr. Sen is co-founder of the Advanced Graphics Lab at the Department of Electrical & Computer Engineering, University of New Mexico, where he serves as Assistant Professor. The Advanced Graphics Lab is dedicated to research in computer graphics, visualization, imaging, and computer vision. Dr. Sen has conducted research on graphics and optics as a Principal Investigator on fire research grant awards totaling $1.2 million from agencies including the National Science Foundation and Sandia National Laboratories. He has published in 17 peer reviewed journals and conference publications. Dr. Sen holds a PhD from the renowned computer graphics department at Stanford University.
Chief Executive Officer
Mr. Willner is an experienced high tech CEO with over 30 years in the electronic display industry. After starting his career at Hewlett Packard and Metaphor Computer Systems (a Xerox spinout), Mr. Willner went on to co-found and launch the Advanced Systems Division of Wyse Technology. In 1996 he founded Colorado MicroDisplay (CMD) where he successfully commercialized liquid crystal-on-silicon (LCOS) technology as miniature electronic displays used in cameras, camcorder, heads up and head mounted displays. While at CMD, Mr. Willner personally established joint development projects with Philips and Nokia, and raised over $60 million in strategic, venture capital, and mezzanine financing from Texas Instruments, Siemens, Polaroid, InFocus, Hambrecht & Quist, GE Capital and others. In 2002, Mr. Willner started nFlexion, a successful high tech management consulting firm, specializing in the commercialization of advanced display technology.
Chief Financial Officer
Mr. Dunstan has over 25 years of corporate, executive and management experience. He is currently a Director of TH Business Advisor, LLC. From 1998 to 2010, Mr. Dunstan served as Director of the John R. Oishei Foundation. From 2003 to 2006, Mr. Dunstan was Executive Vice President and Chief Financial Officer to Rich Products Corporation, a global food manufacturer with $3 billion of annual revenue. Mr. Dunstan held various other executive positions, including Executive Vice President, Chief Financial Officer and Treasurer for Adelphi Cable Corporation, a publically traded broadcast media company; Senior Vice President and Chief Financial Officer for Sentry Group; Vice Chairman and Chief Financial Officer of Trico Products Corporation, a public automotive products company; and Vice President of Finance, Treasurer and Director of Strategic Planning for Schlegel Corporation. Mr. Dunstan was a Certified Public Accountant with KPMG/Peat Marwick; a Sales Manager for General Electric Credit Corporation; a member of the Executive Advisory Committee and Dean's Council at the University of Rochester's Simon School of Business; and a member on the Board of Project Jumpstart NY.
Dr. George Melnik
Senior Technical Advisor
Dr. Melnik joins 3DIcon as the Senior Technical Advisor where he will work closely with Dr. Refai and Mark Willner to advance CSpace technology.
Dr. Melnik has had an extensive career in display technology research and development. He has 17 granted patents and numerous publications. For the last seven years Dr. Melnik has been atechnology consultant specializing in display product development and also served as an expert witness in patent law cases involving display technologies. Prior to becoming a consultant, Dr. Melnik worked at Philips for 15 years where he drove several novel technologies, including the liquid-crystal-on-silicon technology that was the basis for Philips' groundbreaking rear projection HDTV. While at Philips,Dr. Melnik held positions in research, product development, and manufacturing. His last position was as the Director of Strategic Projects. Prior to joining Philips, Dr. Melnik worked with several startup companies onimprovingtheirdisplay technologies. While at General Electric, Dr. Melnik was instrumental in theearly developmentof active matrix liquid crystal displays. Dr. Melnik received his Ph.D. in 1987 from the Liquid Crystal Institute at Kent State University. He is a senior member of the Society for Information Display and presently is the chairman of their mid-Atlantic chapter.
Judith F. Keating
After attending Bartlesville Business College at Wesley, Judith (Judy) Keating started her professional career with Public Accounting. Over the next ten years she became an employee in whom the firms put implicit trust - leading up to the point where she oversaw the due diligence for their mergers and acquisition of other firms. Thereafter, she decided to start her own insurance business, which she grew with her partner over the next decade to a flourishing operation with about 50 agents and offices in Tulsa and Oklahoma City. Subsequently, she has managed the office operations for Public Accounting firms, American Airlines as well as helped companies set-up and streamline their operations. What sets Judy apart is her ability to relate to people and motivate them to reach greater heights. She has been working with 3DIcon full time since 2004. When it comes to matters pertaining to investors and shareholder, she has built the most amazing relationships - from knowing our early shareholders personally, to the folks at S&P! Judy is the critical cog that keeps the wheels of 3DIcon turning smoothly.
BOARD OF DIRECTORS
Mr. O'Connor is Chairman of the Board of the Tulsa law firm of Newton, O'Connor, Turner & Ketchum. He has practiced law in Tulsa since 1981, concentrating in the areas of corporate and commercial law. Mr. O'Connor has served two terms on the board of the Oklahoma Bar Association-Young Lawyers Division, and he has served on several committees of the Tulsa County Bar Association. He is a former member of the Oklahoma Academy of Mediators and Arbitrators, and has served as a Barrister in The Council Oak American Inn of Court. Mr. O'Connor is a regular presenter at continuing legal education seminars sponsored by the Oklahoma Bar Association and the University of Tulsa College of Law. Mr. O'Connor is a member of the American Bar Association, the Oklahoma Bar Association, and the Tulsa County Bar Association. He is admitted to practice before the federal and state courts in Oklahoma and the U.S. Tax Court. He is a member of the Cherokee Nation Bar Association. Mr. O'Connor received his law degree from the University of Tulsa College of Law and his BA in political science from Oklahoma State University. He studied international law at the Friedreich Wilhelm Rheinische Universtat in Bonn, Germany.
Board Member, Chair of Compensation Committee
Mr. Keen is a significant shareholder in 3DIcon and has recently joined its board. Mr. Keen is a graduate of Harvard Law School and Trinity College. Until recently he was the chair of the Tax Practice Group at Duane Morris, LLP, one of the 100 largest law firms in the U.S. with more than 600 attorneys. Mr. Keen has become Of Counsel to the firm and devotes the majority of his time to his board memberships as well as real estate investments in New York City. For more than ten years Mr. Keen has served on the board of Research Frontiers (NASDAQ: REFR), a developer of "Smart Glass" through licensees around the world. For the past five years he has also served as the head of the Compensation Committee for Research Frontiers. Recently, Mr. Keen assumed the position of Board Observer for Egenix, Inc.., a bioresearch firm focused on developing treatments for several specific cancers. Mr. Keen has been an active investor in a number of companies, both start up and later stage, including: Lending Tree, recently acquired by IAC Interactive Corp. (NASDAQ:IACI), a company controlled by Barry Diller; Circle Lending, Inc., now part of Richard Branson's Virgin empire; and Rollover Systems, Inc, a privately held company involved in the matching of individual IRA/pension accounts with appropriate managers visit.
As the founder, chairman, and CEO of 3DIcon Corporation, Mr. Keating has applied his vision and efforts to the creation and development of breakthrough 3D technology. Prior to founding the company, Mr. Keating structured and managed numerous investment vehicles including the capitalization and NASDAQ listing of CIS Technologies, where he served as general counsel. He also completed financing of the Academy Award-winning motion picture, "The Buddy Holly Story".
Mr. Keating has been a guest lecturer at several colleges and universities across the country. He has been featured on national television and radio programs including CNN, CNBC, HARD COPY, etc.. In 1996, Mr. Keating published "The Final Jihad," a terrorist suspense novel which was excerpted four times by King Features Syndicate for more than 1,500 newspapers.
Mr. Keating received his Juris Doctor degree from the University of Oklahoma and his BA degree from the College of the Holy Cross, Worcester, Massachusetts.
Mr. Aroesty served in several senior management roles including President, COO, and Board Member from 1984 to 2006 at Diagnostic Products Corporation, a New York Stock Exchange-listed medical technology firm, which under his leadership grew to $450 million in revenues. It was sold to Siemens Healthcare for $1.87 billion in 2006. He played a key role in establishing a worldwide distribution network for the company's products which led to Diagnostic Products Corporation being listed several times by both Forbes Magazine and Business Week Magazine as one of the "Top 100 Growth Companies" and one of the "200 Best Small Companies in the U.S."
Following the acquisition of Diagnostic Products Corporation, Mr. Aroesty took the COO position at the Siemens division that acquired Diagnostic Products Corporation. At both companies he directed all operating activities including R&D, quality control, and regulatory affairs.
Mr. Aroesty has served on the Trustee's Council of the University of Rochester and sat as a Member of the Visiting Committee at the School of Engineering and Applied Sciences at the University of Rochester.
University of Oklahoma
3DIcon has established an SRA (Sponsored Research Agreement) with the University of Oklahoma (OU), whereby 3DIcon's technologies are being developed by leading researchers and scientists in state-of-the-art research facilities in the Norman as well as the Tulsa Campuses. Harnessing the resources of a major university with proven research capabilities greatly expands and hastens the development process of an early stage company on the cusp of disruptive technology and does so in a cost efficient manner. To replicate these resources on a private basis would be prohibitively expensive. Not just that, it would be practically impossible to assemble such a diverse, multi-disciplinary team of proven experts.
Digital Light Innovations
Design Partner and Distributor
Digital Light Innovations is an Authorized Design Partner and Reseller for Texas Instruments' DLP® Discovery™ technology, the most widely adopted and reliable spatial light modulator (SLM) on the market today. Digital Light Innovations specializes in custom engineering, applications development, and sales of DLP® Discovery™ products. The DLP® Discovery™ platform is a highly versatile development tool that enables spatial light modulation for a variety of industries including lithography, spectroscopy, and adaptive optics. DLi is a global company that has serviced customers around the world in areas including Germany, Sweden, Japan, China, India, U.K., Brazil and Canada.
SHARE STRUCTURE - As of Nov 15, 2012
Outstanding Shares: 45,552,155
Authorized Shares: 1,500,000,000
Shares held by Insiders
Martin and Judith Keating 2,635,524
Victor Keen 4,815,484
John O'Connor 1,824,178
Mark Willner 171,429
Sid Aroesty 287,085
Hakki, Refai 644,856
Chris Dunstan 15,111