Welcome!

Cloud Expo Authors: Kevin Benedict, Greg Ness, Ranko Mosic, John Cowan, Gilad Parann-Nissany

News Feed Item

SENSIO(R) Signs a First Contract for the Integration of its Technology Into a 3D TV Designed by Kerner Optical R&D

SENSIO(R) Signs a First Contract for the Integration of its Technology Into a 3D TV Designed by Kerner Optical R&D

MONTREAL, QUEBEC -- (MARKET WIRE) -- 11/26/07 -- SENSIO Technologies Inc. ("SENSIO") (TSX VENTURE: SIO), the inventor of the SENSIO®3D technology, announces that its technology will be integrated for the very first time into a 3D television intended for the consumer market. "We are extremely pleased with this milestone agreement we just reached with Kerner Optical Research and Development Corporation ("KORD"). The signature of this first contract falls within the timeline we had set and is the result of our efforts aimed at integrating our technology into a mass consumption device", explains Nicholas Routhier, President and CEO.

This recently entered into agreement will allow KORD to integrate the SENSIO®3D technology into the new LCD HD SpectronIQ television, as well as the JVC 2D to 3D real-time conversion technology, for which SENSIO obtained a license in October 2006. The new television is currently being developed as per a contract between KORD and SpectronIQ. This agreement follows the Letter of Intent announced last June, which expressed KORD's interest for the SENSIO®3D technology.

"We are thrilled to be working with SENSIO, the only company currently offering a full 3D home theater solution. The quality of the 3D presentation, combined with their diversified content offering, prove that SENSIO is well on track to becoming a true standard on the market", says Mark Anderson, KORD's President and Chief Executive Officer.

For his part, Mr. Routhier is very happy to be partnering with industry leader KORD to make 3D theater more accessible at home. "KORD's creativity and sense of innovation are undeniable assets for the development of the 3D home theater market."

This first commercial success will generate recurring incomes for SENSIO, as the contract provides for a base amount, as well as royalties on every unit sold.

About SENSIO

Founded in 1999, SENSIO Technologies Inc. (TSX VENTURE: SIO), headquartered in Montreal, Canada, develops and markets forward-looking stereoscopic technologies designed to offer the most advanced and immersive cinematographic experience available. Its flagship technology, SENSIO®3D, allows the high-quality distribution of 3D content through conventional 2D channels and playback on any display device, including plasma TVs, HDTV and glass-free 3D displays. Working with major Hollywood studios and large format 3D film producers, SENSIO has built up one of the world's largest library of 3D movies for the home entertainment market.

SENSIO® is a trademark of SENSIO Technologies Inc.

About KORD

In August of 2006, a group of investors purchased Kerner Optical (KO) from Industrial Light & Magic (ILM). As part of ILM, KO helped contribute to ILM's fifteen Academy Award winning motion pictures through its physical effects, model shop and camera group. Kerner Optical Research and Development, Inc (KORD) was the next natural evolution with its 30 years of movie making history and innovation. Leveraging the strengths of KO technical expertise and SpectronIQ consumer electronics production and distribution chain, KORD has been created to develop and license software and technology to display movies, games and internet media in extraordinary new ways.

KORD brings new concepts, techniques and systems to life. Our projects involve three-dimensional stereoscopic image acquisition and delivery as well as enabling technologies for feature film, simulation and immersive training environments. We are a high-end incubator within a world renowned studio. Our staff is surrounded by top movie industry professionals with years of expertise. KORD's primary value is our technological innovation focused on leveraging practical creative problem solving into next generation tools for client and industry professionals.

This press release contains prospective information that reflects the expectations of the Company in connection with future events. Actual events may significantly differ from those stated in this document.



The TSX Venture Exchange Inc. has not approved and accepts no responsibility for the authenticity or accuracy of the information contained in this news release.

Contacts:
SENSIO's Investor relations
Evolution Group Inc.
Sylvain Archambault
President
1-866-703-4887
s.archambault@evolutiongrp.com

SENSIO Technologies Inc.
Richard LaBerge
Executive Vice-President & CMO
514-846-2022, extension 14
richard.laberge@sensio.tv

KORD
Joe Siuicki, Chief of Disruptive Technologies
90 Windward Way
San Rafael CA. 94901
415-448-2000
joe@kerner.com

More Stories By Marketwire .

Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Cloud Expo Breaking News
Wide and cheap availability of cloud-based media services is upon us. With the transformations these services are already bringing to the consumption of music, video and interactive media, change has likewise come to professional workflows. Documents in 2012 are read, written, collaborated on, and distributed anywhere an Internet-enabled device can reach – which is to say, everywhere. In his session at the 10th International Cloud Expo, Christopher Kenneally, Director of Business Development a...
With Cloud Expo 2012 New York (10th Cloud Expo) just four months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference... We have technical and strategy sessions for you every day from June 11 through June 14 dealing with every nook and cranny of Cloud Computing and Big Data, but what of those who are presenting? Who are they, where do they work, what else h...
Cloud is a shift from the focus on underlying technology implementation to leveraging existing implementations and further building upon them. Cloud orchestration or a network of clouds is the wave of the future where these clouds can operate with elasticity, scalability, and efficiency. Effective service management is an important aspect of managing such networks. The transition to the cloud will enable the further aggregation of composite web services and enhanced business-to-business capabili...
I've been working on Enterprise Cloud Strategy and in the course of this work identified some interesting and non-obvious opportunities in the Cloud. One solution I’ve examined is the well-crafted solution that is enStratus. enStratus has built a SaaS Cloud Management / Governance product focused on providing critical management, monitoring, governance capabilities tailored to the needs of the Global 2000 market, rather than the startup market. As I have worked with a current Fortune 500 clie...
CONGRATULATIONS to National Reconnaissance Office (NRO) CIO Jill T. Singer for being selected as one of the 10 winners of the first annual CloudNOW awards presented in Santa Clara, California earlier this week.

From the NRO Press Release:
"Considered one of the top women leaders in Federal IT, Ms. Singer was recognized for her innova...
With Cloud Expo 2012 New York (10th Cloud Expo) now under four months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference... We have technical and strategy sessions for you every day from June 11 through June 14 dealing with every nook and cranny of Cloud Computing and Big Data, but what of those who are presenting? Who are they, where do they work, what e...
"Having been in the IT field for many years, I believe the cloud computing chapter in the industry is an exciting one and I am proud to be a part of it," said National Reconaissance Office (NRO) Chief Information Officer Jill T. Singer Tuesday, as it was announced that she was one of 10 winners of the 2012 CloudNOW "Top Ten Women in Cloud" Awards.
2011 was a year of rapid adoption for public and private cloud services. Instant and on-demand server provisioning was the driving force behind the massive growth. On top, cloud server templates and script automation simplified application installation for simple and pre-defined application stacks, but have not targeted more complex enterprise application environments. In his session at the 10th International Cloud Expo, John Yung, CEO of Appcara, will discuss how 2012 will be the year for app...
As more enterprises are adopting clouds, the nature of cloud computing is changing. Previously, clouds were used to test applications or for non-mission critical applications. Today, enterprises are using clouds for cost-saving advantages and launching more mission critical applications that have defined performance needs. In his session at the 10th International Cloud Expo, Eric Shepcaro, CEO and Chairman of the Board of Telx, will discuss how distributed computing has many advantages. It wou...
Building a cloud computing environment with on-demand access to compute, network, and storage resources requires an elastic infrastructure at multiple levels. Virtualization combined with x86 servers has transformed the way we scale out compute resources. Unfortunately, legacy Fibre Channel and iSCSI storage architectures are rooted in rigid mainframe-era designs, and are fundamentally mismatched with the dynamic, shared modern data center. In his session at the 10th International Cloud Expo, ...