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Strategies & Market Trends : Dino's Bar & Grill

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From: Dav!d7/8/2014 3:32:35 PM
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V.SIO. SENSIO. Great news. I don't own it. Just follow it because I am interested in the technology.
David.

Sensio contracts LG to sell 3DGO! in 13 countries

2014-07-08 08:54 ET - News Release

Mr. Nicholas Routhier reports

SENSIO SIGNS AN AGREEMENT WITH LG FOR THE INTERNATIONAL DEPLOYMENT OF 3DGO! ON CINEMA 3D SMART TVS

Sensio Technologies Inc. has signed an agreement with LG Electronics Inc., a global leader in consumer electronics, for the deployment of its 3DGO! video-on-demand service on Cinema 3-D smart TVs in over a dozen countries around the world. This agreement marks the beginning of the international expansion of 3DGO! beyond the United States and the arrival of a third major manufacturer in the growing family of 3-D TVs that support 3DGO!

Scheduled for fall 2014, the initial deployment will target 13 countries in Europe, North America and South America. Sensio will adapt the rate and extent of 3DGO!'s deployment to each region based on the potential benefits expected. The first launch is planned for the U.S. in October, 2014, followed by the other 12 countries listed in the agreement as of December, 2014. Sensio then plans to continue with targeted deployment in other parts of the world starting in 2015. The 3DGO! application will be made available on LG's NetCast and webOS platforms.

LG is the world's biggest manufacturer of 3-D TVs based on FPR technology (using polarized glasses such as those used in theatres) and it has one of the biggest sales volumes in the market.

"We are proud to be able to count on such an important partner as LG for our international expansion," said Nicholas Routhier, president and chief executive officer of Sensio. "LG is undoubtedly the most vocal and committed supporter of 3-D at home, and we are very excited to be able to work with them on the proliferation of this exceptional experience. 3DGO! fits in perfectly with LG's strategy to promote the adoption and sale of its 3-D TVs, by offering a wealth of content that includes hit movies and quality documentaries. Through this partnership, we will benefit from LG's impressive international sales volume, especially in Europe which generates roughly 30 per cent of global unit sales volumes of 3-D TVs from all CE manufacturers according to DisplaySearch. With today's agreement, Sensio can confidently move forward with its international expansion program."

3DGO! is the world's first and only dedicated 3-D transactional VOD service offering the largest selection of high-quality 3-D content, including some of the latest 3-D Hollywood blockbuster titles, via Internet streaming to 3-D smart devices. The application offers consumers quick and easy access to an ever-growing library of varied 3-D 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 3-D in the home. 3DGO! uses the award-winning Sensio Hi-Fi 3-D technology, a unique frame-compatible technology providing high-fidelity stereoscopic images while using conventional 2-D channels. The application is currently available in the U.S. on select 3-D TVs. For a list of compatible devices and available movies, please visit the 3DGO! website.
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