October 13 2003

DDD And nWave Pictures Sign Distribution Deal For 3D Content

 

nWave Movies to be published for TriDef Movie Player

Santa Monica, Calif. and Brussels, Belgium (October 13th, 2003) - DDD Group plc (AIM: DDD) today announced that it has entered into a three year, multi-title movie licensing agreement with nWave Pictures NV ("nWave") allowing DDD to publish nWave's library of blockbuster 3D animated movies in DDD's TriDef™ Movie Player format allowing viewers to watch the movies in 3D without glasses.

nWave Pictures is the world's leading producer of 3D animated movies for large format theaters, ridefilms and location based digital theaters. The titles include "Haunted Castle", "SOS Planet", "Alien Adventure" and the immensely popular "3D Mania: Encounter in the Third Dimension." ('3D Mania') that has grossed nearly $40 million in box office receipts since its release in 1999. 3D Mania transports viewers into the fictional Institute of 3D Technology where its slightly disorganized professor and his robot assistant Max guide viewers on an eye-popping journey through the history of 3D filmmaking as it evolved from the first 3D cameras invented in 1838 to the Hollywood 3D movies of the 1950s to the latest 21st century 3D theme park attractions.

Commenting on the agreement, Ben Stassen, Founder and CEO of nWave said, "As a leader in the production of digital 3D content, nWave has pioneered the market for 3D large format movies and theme park ridefilms. 3D has been an important component of out-of-home entertainment and now it's moving into the home thanks to these new 3D glasses free computer displays. The computer is a great multimedia platform that we see as the pre-cursor to the advent of 3D television."

Under the terms of the deal, DDD will publish the nWave movies on DVD in its TriDef 3D format that allows the movies to be played in 3D on the new generation of "glasses-free" 3D displays. DDD will provide the specially encoded movies to its TriDef Movie Player licensees, including Sharp Corporation ('Sharp') with whom DDD recently announced a three-year software licensing agreement for Sharp's new Actius RD3D notebook computer. Sharp is taking the ground-breaking step of including the forty minute feature length version of 3D Mania on the hard drive of the Actius RD3D, allowing Actius RD3D owners to enjoy the movie right out of the box. The movie will also be available in Japan with a Japanese language soundtrack.

Greg Nakagawa, Senior Vice President and General Manager, Sharp Systems of America said: "nWave's 3D movies are an excellent addition to the Actius RD3D. The movies showcase the power of the platform with very compelling, high quality 3D storylines that will entertain and enthrall our customers. The addition of feature length 3D movies complements the entertainment uses of the Actius RD3D very well."

Chris Yewdall, Chief Executive of DDD added: "The license agreement with nWave is yet another important commercial milestone for DDD. Through licensing our TriDef Movie Player for use with 3D displays, we are creating incremental revenue channels for DDD that yield revenue each time 3D display owners buy new 3D DVD movies. We are very pleased that we have been able to open up this additional distribution channel for nWave and we look forward to bringing more high quality 3D content to our licensees in the future."

Enquiries:
Chris Yewdall, President & CEO, DDD
Phone: (310) 566-3340
e-mail: info@ddd.com

About DDD

DDD, also known as Dynamic Digital Depth, is transforming the viewing experience with applications for glasses-free 3D displays. Its patented technologies enable 3D viewing without glasses; simple integration of computer graphics applications with 3D displays; supply of 3D content through 2D to 3D conversion; and 3D transmission over existing networks. DDD is quoted on the London Stock Exchange's Alternative Investment Market (AIM: DDD).

More information is available at www.ddd.com.

About nWave

Founded in 1994 by Ben Stassen and Brussels-based D&D Media Group, nWave Pictures quickly established itself as the world's leading producer and distributor of ride films for the motion simulator market and the company's current library of titles makes up 60-70% of all ride simulation films being shown worldwide. In 1997 nWave Pictures released its first film for the giant screen, "Thrill Ride: The Science of Fun". With a combination of eye-popping computer-generated imagery and spectacular live action, nWave's second giant screen film, "3-D Mania: Encounter In The Third Dimension", took audiences through the history of 3-D cinema, from its origins to present-day applications. With visionary style and confidence, nWave Pictures continues to set new standards in entertainment for the digital revolution and beyond.

More information is available at www.nwave.com.

About Sharp Systems of America

Sharp Systems of America, a division of Sharp Electronics Corporation, markets, sells and supports LCD monitors and notebook computers. Products are available through Sharp's network of authorized dealers and resellers.

More information can be found at www.sharpsystems.com.

TriDef is a trademark of DDD Group plc. SHARP is a registered trademark of Sharp Corporation. nWave is a registered trademarks of nWave Pictures NV. All other trademarks mentioned herein are the property of their respective owners.



 

 

 

 

 

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