DDD appoints IP Navigation Group as its strategic patent advisor
Mar 17, 2014
Los Angeles, CA - DDD Group plc (AIM: DDD; OTCQX: DDDGY), the advanced imaging and 3D solutions company, has appointed IP Navigation Group (IPNav) as its strategic patent advisor.
Following two decades of research and development in the field of stereoscopic 3D and advanced imaging, DDD has created an extensive international patent library. Many of these patents have formed the basis for technologies that have been shipped with over 38 million 3D consumer products since 2010 including televisions, PCs and smartphones, firmly establishing the value of these innovative concepts and inventions.
The appointment is the result of DDD's extensive search for an established partner that can assist DDD's in evaluating strategic options for DDD's extensive patent rights. DDD and IPNav will closely collaborate to develop a focused patent licensing program.
Chris Yewdall, CEO of DDD, said:
"DDD has invested heavily over the past twenty years to invent innovative 3D products and solutions that have been used by leading brand name licensees in tens of millions of 3D products, confirming the relevance of these inventions. We believe that IPNav brings a depth of experience, worldwide coverage and flexible approach that we did not see with other intellectual property advisors."
Erich Spangenberg, CEO of IPNav said:
"DDD's 3D conversion and rendering technology patents and related intellectual property are well established in the 3D market globally. This appointment will allow IPNav to assist DDD in its ongoing efforts to achieve fair value for its significant investments in research and development."
About DDD
DDD transforms the visual experience. Its advanced imaging and TriDef- solutions are licensed by leading brands including Samsung, LG and Lenovo for use in TVs, tablets and PCs. Over 38 million 3D products have been shipped by DDD's licensees worldwide. DDD's Yabazam streaming service delivers 3D to smart TVs and tablets everywhere. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD) and the OTCQX (DDDGY). For more information please visit www.DDD.com.
About IPNav
Established in 2003, IPNav is the world's leading full-service patent monetization firm, helping forward-thinking corporations, universities, organizations and individuals profit from innovation. IPNav's integrated, end-to-end solution turns idle IP assets into revenue streams. Using its proprietary Patent Monetization Platform, IPNav unlocks the value trapped in our clients' IP portfolios - with timetables and objectives set by the client.
