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RNS Number : 3714U

DDD Group PLC

29 July 2015

29 July 2015

DDD Group PLC

DDD and Samsung renew 3D video processing chip technology license agreement

Los Angeles, California: DDD Group plc (AIM: DDD; OTCQX: DDDGY), the advanced imaging and 3D solutions company, has renewed its license agreement with Samsung Electronics Co., Ltd.

The licence agreement has been extended until the end of 2016 and is for the continued use of DDD's TriDef(R) 2D to 3D technologies with Samsung's 3D video processing chips, which are used in Samsung Smart TVs and other Samsung 3D consumer products.

Chris Yewdall, Chief Executive of DDD, said:

"We are pleased that Samsung will continue to power it's Smart TVs with our TriDef 3D conversion solutions for the seventh consecutive year. Samsung has been a TriDef 3D licensee since pioneering the 3D TV market in 2010 and continues to provide diverse 3D content on their range of 3D TVs."

Enquiries

 
 DDD Group 
  Chris Yewdall, President 
  & CEO 
  Victoria Stull, CFO             +1 310 566 3340 
 Peel Hunt LLP (UK Nomad/Joint 
  Broker) 
  Richard Kauffer / Euan 
  Brown 
 
  Beaufort Securities (Joint      +44 (0)207 418 8900 
  broker) 
  Jon Levinson / Elliot 
  Hance                            +44 (0)207 382 8300 
 Blytheweigh (UK IR) 
  Tim Blythe / Wendy Haowei 
  / Andrea Benton                 +44 (0)207 138 3204 
 Berns & Berns (US PAL) 
  Michael Berns, esq.             +1 212 332 3320 
 
 

About DDD

DDD transforms the visual experience. Its advanced imaging and TriDef(R) solutions are licensed by leading brands for use in TVs, tablets and PCs. Over 55 million 3D products have been shipped by DDD's licensees worldwide. DDD's shares are quoted on the London Stock Exchange's AIM Market (AIM: DDD) and the OTCQX (DDDGY). For more information please visit www.ddd.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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