SENSIO Announces Agreement to Make 3DGO! on SAMSUNG!! Yessss Launch in North America expected in second half of 2015
MONTREAL, QUEBEC, Apr 29, 2015 (Marketwired via COMTEX News Network) -- SENSIO Technologies Inc. ("SENSIO") (TSX VENTURE: SIO) today
announced that it has signed an agreement with Samsung Electronics
Inc., a global leader in consumer electronics, to make 3DGO!(TM)
available on Samsung's smart TV platforms in territories where
3DGO!(TM) operates. The launch is expected in the second half of 2015
in North America and will cover all Smart TVs sold since 2012 which
are also 3D capable, including Samsung's 2015 SUHD TV models.
Samsung is the fourth manufacturer to sign up for 3DGO!(TM) and the
largest seller of 3DTVs in the world according to data provided by
Display Search. With today's announcement, the estimated North
American addressable market for 3DGO!(TM)!, including 3DTVs from all
partnering manufacturers in the region, represents more than 8M 3DTVs
so far according again to Display Search data.
"We are very excited by today's announcement with Samsung, a global
leader in the TV space", said Nicholas Routhier, President and CEO of
SENSIO. "Our mission is to bring the best of 3D entertainment to all
3D fans out there and with today's announcement, we are getting one
step closer to achieving this goal. Our team is excited and can't
wait to start bringing the best of Hollywood 3D to the millions of
Samsung's 3DTV owners in North America and globally."
3DGO!(TM) is the world's first and only dedicated 3D transactional
VOD service offering the largest selection of high-quality 3D
content, including some of the latest 3D Hollywood blockbuster
titles, via internet streaming to 3D smart devices. The application
offers consumers quick and easy access to an ever-growing library of
varied 3D content which SENSIO is committed to continue developing.
Neither subscription nor additional playback equipment is required
making it a simple, inexpensive and ideal way to watch 3D in the
home. 3DGO!(TM) uses the award-winning SENSIO(R) Hi-Fi 3D technology,
a unique frame-compatible technology providing high-fidelity
stereoscopic images while using conventional 2D channels. The
application is currently available in the US and Canada on select
3DTVs. For a list of compatible devices and available movies, please
visit www.3dgo.com.
For further information on SENSIO and its technologies, please visit
www.sensio.tv
About SENSIO Technologies Inc. (SENSIO):
Founded in 1999, SENSIO Technologies Inc. (www.sensio.tv) is a
pioneer in the field of stereoscopic 3D imaging and of 3D content
distribution at home. For over 15 years, SENSIO has been developing,
patenting and marketing advanced 3D image processing technology
providing superior image quality as well as a simple user friendly
experience. Its award-winning technology, SENSIO (R) Hi-Fi 3D, can be
found in millions of products for the cinema, distribution and
consumer electronics markets worldwide.
Today, SENSIO uses its technologies and 3D expertise to deliver its
video-on-demand service, 3DGO!(TM), the first 3D-dedicated service
offering Hollywood blockbuster movies directly to consumers. SENSIO
works with some of the biggest brands in the consumer electronics
industry and the film industry to become the destination of choice
for 3D movie fans. 3DGO!(TM) aims to become the largest distributor
of 3D content for the consumer market in the world.
SENSIO is listed on the Toronto TSX Venture Exchange (SIO).
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical
facts are forward-looking statements and are subject to important
risks, uncertainties and assumptions, both general and specific,
which give rise to the possibility that actual results or events
could differ materially from our expectations expressed in or implied
by such forward-looking statements. As a result, we cannot guarantee
that any forward-looking statement will materialize and readers are
cautioned not to place undue reliance on these forward looking
statements. For more exhaustive information on these risks and
uncertainties, the reader should refer to the risk factors described
in the management's discussion and analysis of SENSIO for the quarter
ended February 28, 2015. The forward-looking statements contained in
this press release represent our expectations as of the date hereof.
We disclaim any intention and assume no obligation to update or
revise any forward-looking statements. Forward-looking statements are
presented for the purpose of providing information about management's
current expectations and plans and allowing investors and others to
obtain a better understanding of our anticipated operating
environment. Readers are cautioned that such information may not be
appropriate for other purposes.
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.
SENSIO(R) is a registered trademark of SENSIO Technologies Inc
Facebook: https://www.facebook.com/SENSIO3D
Twitter: https://twitter.com/SENSIO3D
LinkedIn: https://www.linkedin.com/company/337733?trk=tyah
YouTube: https://www.youtube.com/sensio3dtech
Contacts: SENSIO Technologies Inc. Nicholas Routhier President & CEO +1 514-846-2022 nicholas.routhier@sensio.tv Renmark Financial Communications Inc. Barry Mire: bmire@renmarkfinancial.com Robert Thaemlitz: rthaemlitz@renmarkfinancial.com (416) 644-2020 or (514) 939-3989 www.renmarkfinancial.com
SOURCE: SENSIO Technologies Inc.
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