DDD Group PLC TriDef SmartCam Affiliate Agreement
04 July 2016 - 4:00PM
RNS Non-Regulatory
TIDMDDD
DDD Group PLC
04 July 2016
4 July 2016
DDD Group plc
TriDef SmartCam affiliate agreement with leading IT component
and peripheral supplier
DDD Group plc (AIM: DDD, OTCQX: DDDGY, the 'Company' or 'DDD'),
the advanced imaging and 3D solutions company, announces that its
GenMe Inc. subsidiary has signed an affiliate distribution
agreement for its TriDef(R) SmartCam software with a leading
supplier of PCs and PC peripherals for use with the distributor's
range of gaming PCs and PC motherboards. This is a one-year,
non-exclusive affiliate agreement that will operate on a revenue
share basis between GenMe and the affiliate.
Under the terms of the agreement, the affiliate will pre-load
the TriDef SmartCam software onto their range of gaming notebooks
and PCs. In addition, the TriDef SmartCam software is expected to
be included on the installation CD supplied with the affiliate's PC
motherboards.
The TriDef SmartCam software will also include the new TriDef
SmartBlur feature that provides additional privacy on video
conference calls. As video conferencing cameras and large screen
UHD/4K displays used by business users continue to increase in
resolution, some users are seeking a solution that prevents
sensitive information on monitors, whiteboards and elsewhere in the
room being visible to the conference call participants. Instead of
replacing the background, the SmartBlur feature blurs it while
keeping the conference call participant in clear focus, providing
additional privacy and security.
After a thirty day free trial, users will be able to purchase
TriDef SmartCam for US$14.99.
Since a significant proportion of the PCs and motherboards are
purchased by gamers, the inclusion of TriDef SmartCam will make it
easier for customers to create gameplay videos that are shared on
platforms such as Twitch and YouTube.
Chris Yewdall, Chief Executive of DDD, said:
"TriDef SmartCam was introduced to the gaming community in
September last year, and we are pleased to have secured this
agreement with a leading brand in the IT industry. We anticipate
that this agreement will increase the current monthly shipments of
SmartCam by around 30% during the third quarter and seven to eight
fold in the fourth quarter of 2017. As the motherboard shipments
reach full capacity in early 2017, we anticipate that monthly
TriDef SmartCam shipments will exceed 1 million units per
month."
Further announcements will be made as the affiliate launches
their new products that include the TriDef SmartCam software.
Enquiries
DDD Group
Chris Yewdall, President
& CEO
Victoria Stull, CFO +1 310 566 3340
Peel Hunt LLP (UK Nomad/Broker)
Richard Kauffer / Euan
Brown +44 (0)207 418 8900
Beaufort Securities (Joint
broker)
Elliot Hance +44 (0)207 382 8300
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 including
Samsung, LG and Lenovo for use in TVs, tablets and PCs. Over 56
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.DDDgroupplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAUGUCWMUPQGMG
(END) Dow Jones Newswires
July 04, 2016 02:00 ET (06:00 GMT)
Ddd Group (LSE:DDD)
Historical Stock Chart
From Oct 2024 to Nov 2024
Ddd Group (LSE:DDD)
Historical Stock Chart
From Nov 2023 to Nov 2024