LOS ANGELES, California—Dec 7, 2009
XpanD Heightens Global Position And Raises 3D Bar In 2010 For Widespread Markets
Significant industry shows and events have relied on XpanD’s active-shutter glasses to assure that 3D makes the right impression with audiences every time, everywhere
XpanD, the world leader in active-shutter 3D glasses for cinema, home theater, video games and other applications, has established itself as the standard for the film production, distribution and exhibition industries globally. XpanD’s extensive market penetration globally positions it as the natural partner for the world’s professional and consumer technology makers and distributors.
XpanD has an estimated 90-percent 3D market share in Asian cinemas and a share of more than 50-percent in Europe, with a reported 75-percent share of the 3D sector in France, Europe’s largest cinema market. Strategically entering the North American cinema and CE markets in 2010 will solidify XpanD’s position as the global market leader in the burgeoning 3D market, which XpanD has been at the forefront since the new generation of 3D began in 2008.
With manufacturing facilities in Asia, Europe and North America, XpanD’s global reach has accomplished two key economic achievements: XpanD now sells over 1.5 million of its stylish, eco-friendly, and completely immersive X101 3D active glasses each year; and that has enabled the company to make the 3D glasses affordable for cinema owners and home users while providing 3D quality that was originally available only at a professional cost. XpanD has the extraordinary combination of experienced and visionary leadership, state-of-the-art technology, and economies of scale that will provide a backbone for the cinema and consumer electronics industries as they further transition into the 3D future.
“We believe that our independence, coupled with XpanD’s fiscal strength and depth, makes the company a strong prospective partner for studios, exhibitors, OEMs and other technology partners,” states Maria Costeira, CEO of XpanD. “Taking entertainment into the realm of 3D will be an undertaking at the level of transitioning from silent to sound, or taking film and television from black and white to color. It will require teamwork among leaders. XpanD plans to lend its unique capabilities to this unique effort, which will revolutionize the way people experience visual images.”
“While our competitors that sell active glasses to the professional market decided to provide the cinema market with a sufficient, but not revolutionary, 3D solution, we at XpanD provide the cinemas with active 3D--the best available 3D solution--as acknowledged by our competitors as well,” Costeira adds. ”The early adopters in the cinema world embraced XpanD due to the exceptional quality; the second generation of exhibitors embraced XpanD due to the long-term cost savings; and the last generation of exhibitors embraced XpanD due to the re-usable green technology that is part of their corporate policy. In the consumer electronics space, 3D active technology is already the winner as it was embraced by the world’s largest manufactures like Panasonic, Sony, Mitsubishi and Samsung. This wall-to-wall embracement will allow XpanD customers to use their active glasses in XpanD cinemas and at home.”