MONTREAL, QUEBEC--(Marketwired - Sept. 30, 2015) - SENSIO Technologies Inc. ("SENSIO") (TSX VENTURE:SIO) today announced that the international expansion of 3DGO!™, beyond the North American market, is set for December 2015. For the initial expansion phase, five countries in Europe are targeted, namely Germany, France, the United Kingdom, Spain and Italy, and two in Latin America. The European deployment will start by the end of December 2015, and the Latin American one is expected for February 2016.
According to data supplied by IHS Global Inc., as of June 30, 2015, more than 50M 3DTVs had been sold in Western and Eastern Europe since 2012, while slightly more than 11M units had been sold in Latin America. In comparison, approximately 14M 3DTVs were sold in North America during the same period. In the two new markets, 3DGO!™ should be available on the 3DTVs manufactured by LG and Samsung, whose combined market share represents 70% or more of the 3DTVs sold in these regions.
"We're extremely happy to finally be able to confirm that we will be making our unique service available to millions of the world's new 3DTV owners," said Nicholas Routhier, SENSIO's President and CEO. "After several months of assessment and preparation, we are now confident that all the conditions needed for the successful international expansion of 3DGO!™ are in place, especially in terms of collaboration marketing by the 3DTV manufacturers supporting our service. So we are now in the home stretch before launching the service in time for the critical Holiday period, and we're excited about the prospects for development in these new markets."
3DGO!™ 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!™ uses the award-winning SENSIO® 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.