TULSA, Okla., July 20, 2010 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimension projection and display technologies, today announced that it has signed a Materials Transfer Agreement ("MTA") with the regents of the University of California through the Lawrence Berkeley National Laboratory ("Berkeley Lab") under which Berkeley Lab will provide specialized nanocrystals to 3DIcon.
"We have completed and patented the rendering of 3D applications. Our focus now is to improve the resolution, color, and scalability of the images," said Martin Keating, 3DIcon's founder and CEO.
CSpace® is designed to provide true, full-color, high-resolution, volumetric 360-degree, three-dimensional images without any viewing aids such as special glasses. It is the first proven technology of its kind that has no mechanical moving parts. 3D display systems developed using CSpace will have the potential to enhance significantly such applications as medical imaging, surgical planning, full-body scans, aircraft manufacturing and maintenance, military command and control, baggage and cargo scanning, and entertainment. 3DIcon's current efforts include discussions with potential partners in furtherance of its goal of aggressively pursuing the commercialization of CSpace in a variety of applications.
Berkeley Lab is a multidisciplinary national laboratory located in Berkeley, California, directly above the campus of the University of California at Berkeley. Berkeley Lab, which conducts unclassified research, employs some 4,300 people, including nearly 1,000 staff scientists, 1,000 undergraduate, graduate students, and postdoctoral fellows, and more than 1,500 technical and support personnel. In addition, each year Berkeley Lab hosts more than 2,000 participating guests.
About 3DIcon Corporation
3DIcon Corporation (the "Company") is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, 360-degree volumetric images, the "Next Step" in 3D display technologies. The Company has completed a working prototype of its flagship technology, CSpace®, a breakthrough in 3D imaging. The Company has also launched its first software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For more information, visit http://www.3dicon.net.
Safe Harbor Statement Under The Private Securities Litigation Act Of 1995
With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of 3DIcon could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by 3DIcon, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.