Find Companies:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Digital Cinema Technology Dec. 09, 2016
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1939 Baird

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
Montreal, QC—Jul 9, 2008

Sensio Signs Licensing Agreement with International Datacasting Corporation and Announces First Sale of its Sensio®3D Cinema Decoding Technology

SENSIO Technologies Inc.  (“SENSIO”) (TSX Venture Exchange Inc.: SIO), inventor of the SENSIO®3D technology, announced today the signing of a Licensing Agreement with International Datacasting Corporation (“IDC”) (TSX: IDC) for the integration of the SENSIO®3D cinema decoding technology into products for the digital cinema market. This agreement comes with the first sale of licenses for an initial deployment of 3D systems for 50 movie theatres to enable the broadcasting of live stereoscopic (3D) events.

“We are extremely pleased of this agreement with IDC and this initial order. It is a major milestone in our Live 3D development efforts and it secures our position as the industry leader in 3D content distribution,” explains Nicholas Routhier, President and CEO of SENSIO. “IDC is a recognized world leader in the broadband delivery networks needed for this application and they have the manufacturing and international distribution we need to be successful. SENSIO has now reached a key phase in its development strategy, which not only allows us to generate more licensing revenues from our technology, but also improves our content offer for the consumer market.”

“We are also delighted with this agreement” added Ron Clifton, President and CEO of IDC. “It builds on the excellent working relationship we have developed with SENSIO over the past year of working together strategically and significantly expands our product portfolio and addressable market potential. The SENSIO®3D technology is becoming the de facto standard in the digital cinema industry for the distribution and display of alternative content which is quickly becoming recognized as a new revenue source and business opportunity in the industry.”

SENSIO and IDC have previously announced the launch of CineLive, an exclusive product developed specifically for market leader Access Integrated Technologies, Inc. (AccessIT - NASDAQ: AIXD) in the United States. CineLive uses the SENSIO®3D cinema decoding technology integrated with IDC’s SuperFlex DVB-S2 broadband satellite technology to enable the live broadcast of alternative 2D and 3D content, such as concerts and sporting events in addition to the service that AccessIT provides of delivering industry standard digital movie files to theatres. In a press release published on June 2, 2008, AccessIT announced the initial deployment of the CineLive solution to 50 theatres across the United States with plans to continue deploying in a total of 150 theaters by the end of 2008. “With this first implementation, we have secured our lead over the competition and increased our visibility, as we have agreement that the SENSIO brand will be shown during every presentation,” added Mr. Routhier.

The Agreement provides exclusive rights to IDC for the worldwide digital cinema market, subject to meeting certain conditions agreed to between the two companies. Namely, SENSIO will get a fixed royalty per theater, as an intellectual property license, for the integration of its SENSIO®3D cinema decoding technology. The Agreement also allows IDC to use the SENSIO®3D technology in its own products and to sublicense the technology to qualified third party manufacturers. The SENSIO®3D technology has already been launched internationally by IDC as part of their SuperFlex Pro Cinema product line and is currently undergoing trials in Europe and Asia.

About Sensio Technologies Inc.:
The award-winning SENSIO® Hi-Fi 3D technology has been trusted by some of the biggest names in event creation to power numerous live 3D firsts. These include the first live 3D broadcast, the first live 3D simulcast and the first worldwide live 3D event in cinemas. SENSIO’s unique expertise and network of contacts led to the creation of the only, ready-to-go worldwide distribution channel for live 3D events in cinemas: the SENSIO® 3D Live Network. As of 2011, SENSIO acts as a live 3D event promoter providing high-profile content and technical and promotional support to the cinema industry.
 
 
Sensio Technologies Inc. Directory page
Similar Press Releases
More PR About: 3D More
More Sensio Press Releases: Mar 17, 2011 Sensio® 3D Live Network Expands Further, Partnering with Groupe CGR in France Feb 14, 2011 NBA and Sensio to Feature First NBA All-Star in 3D for International Fans Jul 14, 2010 Sensio Successful in Delivery to 33 Countries of First Worldwide Live 3D Event: 2010 Fifa World Cup™ Jun 1, 2010 Cinedigm Teams with SENSIO® to Bring FIFA World Cup Soccer Tournament to Theatres Around the Globe in LIVE 3D Mar 31, 2010 SENSIO and Teranex to Demo Integration of Professional 3D Technology Into Leading Processing Platform Mar 23, 2010 SENSIO 3D Solutions Showcased at NAB 2010 – Now with Wide Availability from Industry Leaders Nov 5, 2008 Sensio and JVC Professional Sign A Memorandum of Understanding for the Development of the First High End 3D Consumer Product Jan 27, 2009 Sensio® 3D Format Standardized in DVD Standard Jun 4, 2009 Globecast Broadcasts in 3D Live - Don Giovanni Opera Seen Across France’s Cinema Screens Thanks to Sensio® 3D Dec 18, 2009 Sensio to Promote its New MVC Compatible 3D Distribution Solution at CES2010 Jan 7, 2010 THX Supports Sensio® 3D Format with THX Media Director Sep 10, 2009 ESPN to Telecast USC Vs. Ohio State College Football Game Using Sensio® 3D Technology Jul 22, 2009 Sensio Expands its 3D Live Network for Digital Cinema in Europe and Participate in Eutelsat’s First Paying 3D Live Concert Apr 23, 2009 International Datacasting and SENSIO Technologies Announce First Operational Deployment of 3D Live for Digital Cinema in Europe in collaboration with OPENSKY Dec 18, 2008 Sensio Rolls Out its Live 3D Technology in The United States and Sells 50 New Cinema Decoding Licenses Oct 15, 2008 Doremi Cinema Licenses Key Streaming Software to International Datacasting for AccessIT's CineLive™ 3D Solution Oct 14, 2008 Sensio Presents Brand New Integrated Solution to Facilitate Live 3D Technology Roll-Out in Theaters Oct 15, 2007 AccessIT Teamed with International Datacasting and Sensio Technologies Introduces Live 2D and 3D Event Satellite Streaming Through CineLive(SM) Sep 6, 2007 International Datacasting and Sensio Technologies Join Forces to Offer Integrated 3D Digital Cinema Broadcast Solutions More
©Copyright 2003 - 2016 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
banner