Small Cap Wrap: Fresh assets for Modern Water, ASW makes advances and a new step for Milestone
DDD (LON:DDD) Group (DDD 31.5p/£42.27m)
The AIM listed 3D solutions company has licensed its TriDef®3D software to Top Victory Investments Ltd (TPV) for its AOC brand 3D monitors. DDD’s TriDef 3D automatically converts DVD movies, PC media and photo files from 2D to 3D. It allows over 30 popular Chinese online games and over 500 of the latest PC games that have not been specifically developed for 3D to be played in stereoscopic 3D “off the shelf”. TPV is the first Chinese company to launch a 3D monitor in China, and is now expanding the AOC line-up into the worldwide market. The polarized ‘FPR’ 3D displays will use TriDef 3D technology to provide 2D to 3D conversion for video and games, as well as playback for originally made 3D photo and video content. AOC’s monitors are already used in many of the 150,000 Chinese iCafe internet cafes. They were also featured at SINOCES in China in July, and in September at LG Displays’ even in Beijing where six of China’s largest PC manufacturers and four of the largest monitor manufacturers presented their latest 3D consumer products. DDD will receive quarterly royalties based on the volume of AOC brand 3D monitors shipped. Chris Yewdall, CEO said that working with AOC gives them the opportunity to address the PC market in China which is currently the largest growth market for PCs.