I demand a shareholder meeting! LOL
What a wonderful way to start the day!
3DIcon Partners With SCHOTT Defense on Next-Generation 3D Display Technologies
Download PDF
TULSA, OK -- (Marketwired) -- 03/13/14 -- 3DIcon Corporation (OTCQB: TDCP), a developer of three-dimensional projection display technologies, today announced that it has entered into a Joint Development Agreement (JDA) with SCHOTT Defense, a federally focused subsidiary of SCHOTT North America, Inc. ("SCHOTT"). The agreement encompasses both joint business development and joint technology development activities.
3DIcon's CSpace® technology represents the next generation of 3D display technologies, producing high-resolution, full-color, true 3D images. This display does not require special viewing aids or 3D converting eyeglasses, does not cause viewer fatigue during prolonged use, and is capable of producing translucent images for viewing inside images. This technology goes beyond the capabilities of current display methodologies and its application can have a significant impact in federal government use, such as air traffic control, cargo screening, tactical situational awareness, geospatial exploration, medical diagnostic displays, and in sensitive intelligence applications. Leveraging SCHOTT Defense's long-time reputation as a leader in delivering high-quality equipment to the federal government, 3DIcon will be able to introduce the CSpace® technology solution to the entire gamut of government requirements and mission needs.
3DIcon's patented CSpace® volumetric 3D display technology, along with SCHOTT's specialty glass and optics technologies, intellectual property, and expertise in delivering quality equipment to the federal government, positions the team to develop state-of-the-art displays across the entire spectrum of U.S. government needs. 3DIcon, with SCHOTT Defense, is executing its strategic vision to build a comprehensive interdisciplinary team that aggressively positions itself, through expanded technology and a depth and breadth of market knowledge, for enhanced access to federal business and funding opportunities for continued development of CSpace® technology.
"3DIcon's volumetric 3D display technology is a great fit for the strategic direction of SCHOTT Defense," said Scott Custer, President and CEO of SCHOTT Defense. "The technology provides us with expanded access to new markets and customers within the federal government as well as leverages the core strengths of SCHOTT in specialty glasses and advanced optics. Working together, our mutual efforts position us to successfully commercialize this breakthrough technology."
Victor Keen, CEO of 3DIcon, added the following: "Our new partnership with SCHOTT Defense represents a major step forward for 3DIcon in the implementation of our new strategy to collaborate with larger companies that can provide us with complementary technologies and capabilities as well as credible access to funding sources within the U.S. federal government required to accelerate the commercialization of our volumetric 3D display technology. We look forward to a long and successful collaboration with SCHOTT."
Doug Freitag, President of Bayside Materials Technology, a U.S. federal government business development company that has been working with both SCHOTT and 3DIcon, had this to say: "From the beginning of my involvement with 3DIcon, the synergy and strategic fit between these two companies was both obvious and compelling. The 3DIcon 3D display technology is expected to deliver higher performance at lower risk than most, if not all, of the 3D display technologies that have received significant federal funding to date. In addition to the applications within the federal government that are based on 3D data captured via satellite, radar, sonar, LIDAR, and other imaging systems, there also appear to be significant opportunities for this technology to visualize big data for multiple organizations within the Department of Defense and civilian agencies."
