Zecotek Demonstrates 32″ 3D Display to Industry; Engages Insight Media to Advise on Market Entry
Vancouver, BC, December 3, 2007 – Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I), formerly Zecotek Medical Systems Inc., today announced it has initiated demonstrations of the 32″ commercial prototype of its proprietary Real-Time 3D2D Display System©, the first 3D display offering multiple viewers true volumetric visualization while exhibiting depth and parallax over a wide viewing angle. The demonstrations have started and are scheduled over the next several weeks at the Company’s Vancouver laboratories for a select group of representatives of potential industry partners.
Zecotek also announced that it has engaged Insight Media, a leading publishing and consulting firm focused on the display industry, to provide advice and guidance on a market entry strategy for the display system.
“We have reached a critical milestone in the commercialization of our 3D display technology with the 32″ prototype,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek. “Our system delivers true 3D over a wide viewing angle, in high resolution colour and establishes a new benchmark in the 3D industry. Our next step is to select strategic partners in the manufacture and distribution of what we feel is a new and potentially revolutionary display technology and we look forward to working with Insight Media to leverage our market position.”
Zecotek’s Real-Time 3D2D Display System is a novel, proprietary display system for the visualization of images and data. Based on the autostereoscopic principle, but with substantial patent pending innovation, it represents a new generation of 3D displays. The 32″ commercial prototype is designed for multi-user, multi-view with freedom of movement. It delivers full colour, high resolution images in both 3D and 2D mode (greater than 1024×768), has superior image dynamic range in 2D mode and the system is compatible with existing applications. Anteryon BV of the Netherlands produced the key screen component of the 3D display.
“We are very impressed with the high resolution, wide viewing angle and multi-viewer features of Zecotek’s 3D display system,” said Geoff Bertenshaw, Chief Executive Officer of Anteryon. “We are pleased to contribute to the production of the first commercial prototype in what we see as a truly breakthrough product. We look forward to building on our strategic partnership with Zecotek.”
About 3D Displays
The introduction of software tools for rendering 3D images, together with increases in processing power, sparked a revolution in computer imaging in the mid-1990’s. This established a new industry and several new multi-billion dollar companies emerged. Within a decade the ability to visualize and manipulate digital media in 3D has become an irreplaceable tool for medical research, design, engineering, aerospace, architecture, media, geology and logistics – in fact in all fields where 3D offers unmatched utility, novelty, stimulus to creativity and enhancement of productivity. However while software development and increases in processing power initiated the 3D revolution, display hardware still lags behind and the majority of 3D visualisation remains a software simulation in a 2D screen environment.
This lag of hardware development has produced a significant, pent-up demand for devices which can provide a full 3D volumetric experience, but with the caveat of also requiring the clarity, integrity, viewing angles and broad applicability at a competitive price. While there are a number of devices and screens currently available and in development which claim to provide 3D experience, none fully meet these key requirements. The 3D display market is predicted to grow to more than US$1 billion by 2010 (iSuppli).
About Insight Media
Insight Media is a leading publishing and consulting firm focused on the display industry. With its core team of world-class display experts, Insight Media tracks the technology, components, products, markets, applications, manufacturing and business aspects of consumer and professional display markets. The company publishes daily and monthly news and analysis as well as in-depth annual technology and market reports. It also hosts industry conferences, provides strategic and tactical consulting services and offers industry education via webinars and on-site seminars. For more about Insight Media please visit http://www.insightmedia.info/
Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I), is a photonics technology company developing high-performance crystals, photo detectors, lasers, optical imaging and 3D display technologies for commercial applications in the medical diagnostics and high-tech industry. Founded in 2003, the company has three distinct operating divisions: imaging, lasers and 3D display, with labs located in Canada, USA, Singapore and Russia. Zecotek commercializes its novel, patented and patent-pending photonic technologies directly and through strategic alliances and joint ventures with multinational OEMs, distributors and other industry leaders. For more information, please visit Zecotek Photonics.
This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.
For additional information please contact:
Zecotek Photonics Inc., MICHAEL MINDER, CFO; VP Corporate Development, T: (604) 827-5203
Caliber Capital Partners, TIM MCNULTY, T: (778) 327-6678, E: email@example.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. If you would like to receive news from Zecotek in the future please visit the corporate website at Zecotek Photonics.