PRESS RELEASE
Isee3D today announced that it has finalized a landmark agreement
with RealNetworks Inc. which establishes Isee3D as the world's
first streaming 3D video company for the internet.
With this agreement firmly in place the company is now proceeding
to complete delivery of its "3D retail kit". As well the company
officially announced the launch of its content aggregation portal
for September 21st. The "3D retail kit" will provide consumers
with all the necessary hardware and software to view live 3D
events on the web and the portal will be the ultimate viewing
location for sourcing 3D content.
The portal will also permit immediate pre-registration for
consumers who wish to receive the "3D retail kit" when it becomes
available for shipment on October 15th.
"Our company plans to fully leverage the value of this
partnership through resources now made available in the
RealGuide, RealStore and RealChannels. These resources will drive
immediate exposure to over 77 Million viewers worldwide and
represents huge revenue potential for our company" stated Isee3D
President and C.O.O, Gary Oberman. " ISEE3D has now positioned
itself as "The" 3D streaming video company, Oberman continued.
"Producers of 3D content will have to buy our proprietary
software solution in order to produce content, and consumers at
large require our retail kit to view that content. This is the
result of 6 months of negotiations and development."
Oberman concluded, " We continue to be encouraged that our
business model will succeed as a result of the overwhelming
interest on the part of content producers, to work with us to
produce 3D content for the Internet."
The signing of this agreement also triggers a move to phase three
of the company's business plan which, will include a massive
marketing campaign. With the core technology and business
elements nearly completed, Isee3D is now in a position to
actively solicit and demo working solutions to new content
partners. The company has already completed deals for
entertainment content, sports and leisure and is now diversifying
its library to include NASCAR, Horse racing, Tourism, Wildlife,
Travel, Adult entertainment and many other market sectors.
The company would also like to announce that it will be
exhibiting its technology to an audience of over 70,000 at the
Digital Hollywood convention in Los Angeles on Sept 27-29th.
Uncommon to previous exhibitions this show will focus on new
media innovations for the web and will give the company direct
exposure to industry giants such as Time Warner, Broadcast .com,
Intel, NBS, CBS, Discovery channel and many others. (The show
specifics can be seen at www.digitalhollywood.com.)
Isee3D Inc, formerly International Telepresence (Canada) Inc.,
has its common shares available for trading through the
facilities of the Canadian Dealing Network, Inc. The trading
symbol is 'ITLP'. The number of issued shares, as of September
15, 1999, is 60,658,269.
RealNetworks and RealPlayer are the trademarks or registered
trademarks of RealNetworks, Inc. All other companies or products
listed herein are trademarks or registered trademarks of their
respective owners.
The Canadian Dealing Network, Inc. has neither approved nor
disapproved the contents of this news release.
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