DDD’s TriDef 3D Solutions Gaining Increased Acceptance
I Café is the provider in China for all its internet café software solutions. DDD selected this service provider for the integration of its TriDef 3D game into the Internet Café software making it globally available thereafter. Beta testing of the solution is to start by end of the third quarter of this year and some I-Café locations have been earmarked for these testing points. The reason for selecting I-Café is the 86 percent rise in profits that they have registered this quarter when compared to last year same quarter. The First year the company had raised revenue of $1,815,000.
The TriDef product which is a 2D to 3D conversion application developed by the group has been in demand since the beginning of 2012. About 3.5 million units of the application has been shipped this year compared half the number that had been in demand last year.
The 2D to 3D software named TriDef and developed by DDD is compatible for use on TV, mobile and PC. The market share that this application holds at present is a commanding 85 percent, with leading TV makers like Sony, LG, Samsung, HP and Intel featuring the licensed version of TriDef on their gadgets.
Collaboration is on to have the TriDef mobile working in tandem to have a 3D mobile or tablet that would be glasses free. There is also agreement with customers to evaluate the 3D reference designs to be used for making 3D Smartphones and 3D tablet PCs. In March we have also had LG with their Optimus 3D Smartphone which is a glasses free 3D gadget and uses the TriDef Mobile Android application to convert 2D to 3D. After its launch, within the first 9 months, Tridef has been installed on one million units of gadgets.
There is also the Yabazam portal where DDD has placed its 3D content for the LG 3D TVs, which be accessed from US, UK, Germany, Korea, Hong Kong, and Taiwan. The content is also applicable for the Samsung 3D capable TV sets.
Downloads of the software reads 20,000 times from mid February to end May. On the LG 3D Smart TV sets there have been 8,000 launches per week. Same is the case with the Yabazam software which is for the Samsung 3D TV and has been registering hits of 2000 downloads since its launch on 4th June. The downloads have been taking place by customers in US, Korea, Hong Kong, Taiwan, Germany and the UK.
First quarter revenues for the 3D solutions company were approximately $1,815,000, up 86% compared to the same period in 2011. Further, revenues derived from royalty bearing units shipped by OEM licensees, resellers, and direct-to-consumer software sales during the period increased by 9% to 99% (Q1 2011: 90%), the company press release revealed.