Sensio signs a Letter of Intent with Kord for the development of a new 3D Television

"Sensio Technologies, the inventor of the Sensio 3D technology, announced the signature of a Letter of Intent with Kerner Optical Research and Development Corporation ("Kord") for the development of a new 3D television for the consumer market.

This Letter of Intent states that Kord is seeking to integrate the Sensio 3D technology as well as the real-time conversion of 2D images to 3D, into a new LCD HD television, which is currently the object of a development contract between Kord and LCD television manufacturer SpectronIQ. Sensio and Kord will share the development budgets allocated for the project and the final terms of the agreement will be specified in a contract to be concluded at a later date.

This Letter of Intent represents a key milestone for Sensio as part of its strategic development plan focused on the integration of the Sensio 3D technology into electronic devices designed for the consumer market. This step is also significant as it will contribute to Sensio's objective of becoming the industry's 3D standard format."

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