Angel News: Daniel Stewart Initiates Coverage

06 Jan 2012 DDD Group 27p BUY (TP – 50p)

Company: Daniel Stewart

Focused 3D Vision

DDD has gained early traction in  supplying major consumer electronics  manufacturers with its TriDef® real time  2D to 3D conversion software.

Investment Case

DDD has established a network of licensing agreements and royalty payments in key 2D-3D conversion markets; TVs, PCs and mobile/tablet devices.

The market is nascent. We expect the pace of conversion to 3D formats to accelerate driven by 3D/digital cinema deployment and next-generation gaming.

DDD recently signed contracts with major brands: Sony; Lenovo; AOC (TPV Tech. China).

We initiate with a 50p price target.

Link to article: http://www.angelnews.co.uk/article.jsf?articleId=12801

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