Thursday, November 17, 2011 10:57:18 AM
• Business Development
3DIcon has been in talks with, and is scheduled to make presentations to, potential commercialization partners. These include industry leaders and Fortune 100 companies in the fields of medical imaging, air traffic control, command and control, inventory management, and gaming. 3DIcon is scheduled to demonstrate its CSpace technology for specific applications. In the second quarter 3DIcon will present to a leading gaming company, while in the fourth quarter they are scheduled to present to a Fortune 50 company in the area of aerospace and command and control.
From Mr. Aerosty’s November 1, 2011 letter to shareholders:
A point that I tried to emphasize with the audience was that our current best analysis was that we cannot effectively ‘Pre-Sell’ without the completed Trade Show Prototype. The existing prototype lab model we have, certainly succeeds as a ‘proof of concept’ demonstration, but will not fulfill our commercialization goals with larger companies that are on our target list and who have already expressed interest in our technology. It is likely that active commercialization efforts can be started when the Engineering Verification Test Bed (EVTB) is finished in approximately 6 months. The EVTB will be identical to the Trade Show Prototype model in every respect but will be somewhat smaller, approximately the size of a “snow globe”. I also noted that 3DIcon has identified and is having discussions with potential strategic partners, including a Fortune 50 Aerospace company for command and control and inventory applications; an optical scanning company to provide automated scanners for manufacturing lines; a gaming company to provide 3D elements for gaming tables and a private defense company to provide display systems for the intelligence Community.
Quik, you may be right about the current weak sentiment, however, “discussions” – at least – are ongoing in the “fourth quarter.” Seems pretty ‘short term’ to me – regardless of the status of the TSP. Due respect.
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