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

"SENSIO Technologies, 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 (“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.

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."

Source: SENSIO