News -I'm so happy to be wrong...only a LOI, but coming so soon after the last bodes well.
ISee3D and Leica-Microsystems Sign Letter of IntentMONTREAL, QUEBEC, Jan 13, 2010 (MARKETWIRE via COMTEX News Network) --
ISee3D Inc.("ISee3D") (TSX VENTURE: ICT) (www.isee3d.com) - Company CEO Dwight Romanica announced today that ISee3D has signed a Letter Of Intent ("LOI") with Leica-Microsystems ("Leica") of Wetzlar, Germany for the purpose of working together to explore the feasibility of integrating ISee3D's single lens 3D technology into Leica products.
Under the terms of the LOI, ISee3D and Leica have agreed to negotiate and enter into a definitive agreement pursuant to which the parties will form a strategic relationship for the development, implementation, marketing and distribution of the jointly developed technology and its applications.
Leica manufactures a broad range of products for numerous applications requiring microscopic imaging, measurement and analysis. It has 11 manufacturing facilities in 8 countries, sales and service companies in 20 countries and an international network of dealers with representation in over 100 countries.
Leica has been a three-time recipient of the German Business Award for Innovation for achieving milestones in optical technologies. It gained notoriety for a fluorescence microscope, which for the first time enabled three dimensional examination and imaging of structures and processes in living cells at a resolution of down to 100 nanometers.
About ISee3D Inc.
ISee3D Inc. (TSX VENTURE: ICT) owns certain patented technology which provides for the capture of stereoscopic (3D) images through a single lens. The Company's technology has broad application in several markets including the home entertainment industry, consumer electronics, industrial and imaging devices of all sorts including microscopes, endoscopes as well as more sophisticated medical imaging systems.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The company cautions readers that forward-looking statements, including without limitation those relating to the company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: ISee3D Inc. Mr. Dwight Romanica Office: 1-514-798-1281 or Toll Free: 1-877-798-1281 dromanica@ISee3D.com www.ISee3D.com
SOURCE: ISee3D Inc.
mailto:dromanica@ISee3D.com https://www.ISee3D.com
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