Press release from Marketwire
SENSIO Announces Agreement with Panasonic to Make 3DGO!(TM) Available on their 3DTVs in the US
Agreement also covering future expansion of 3DGO! service in Canada
Monday, August 26, 2013
SENSIO Announces Agreement with Panasonic to Make 3DGO!(TM) Available on their 3DTVs in the US08:30 EDT Monday, August 26, 2013
MONTREAL, QUEBEC--(Marketwired - Aug. 26, 2013) - SENSIO Technologies Inc. ("SENSIO" or "the Company") (TSX VENTURE:SIO)(OTCBB:SNIOF), announced today that it has reached an agreement with Panasonic Corporation of North America, one of the industry's major electronics manufacturers, to offer its 3DGO!™ VOD service on Panasonic 3DTVs across the United States and Canada. The service will be made available on all Panasonic 3DTVs, including current and future models sold in stores, as well as legacy models already in homes in those territories. The 3DGO! application will be available through the Viera Connect Apps Navigator, Panasonic's application store, with a target launch of Holiday season 2013 in the United States.
"We are extremely proud that 3DGO! has been selected by Panasonic, a key industry player and a pioneer in the development of 3D consumer products which shares our strong belief in the future of 3D and remains committed to its success in the home", said Nicholas Routhier, President and CEO of SENSIO. "3DGO! has once more proven its value on the market with its exceptional selection of premium content, which is a must-have for a successful 3D at home offering. We are also very excited to have a partner which will allow us to eventually address the Canadian market, opening new doors for future expansion to more countries and territories, which is one of our key priorities."
3DGO!™ is the world's first and only dedicated 3D transactional VOD service offering the largest selection of high-quality 3D content, including some of the latest 3D Hollywood blockbuster titles, via internet streaming to 3D smart devices. The application offers consumers quick and easy access to an ever-growing library of varied 3D content which SENSIO is committed to continue developing. Neither subscription nor additional equipment is required making it a simple, inexpensive and ideal way to watch 3D in the home. For a list of compatible devices and available movies, please visit www.3DGO.com.
For further information on SENSIO and its technologies, please visit www.sensio.tv
About SENSIO Technologies Inc. (SENSIO):
SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor in bringing 3D video to the consumer since 1999. Its vision, expertise and state-of-the-art solutions, based on diversified stereoscopic image-processing technologies, have been trusted by some of the biggest names in the media and entertainment industries to power numerous industry firsts, initiate new business models and generate immediate revenue with a distinctive 3D offering.
SENSIO enables its clients to deliver the best possible 3D experience for the end-user through a broad portfolio of products, including its flagship, award-winning technology, SENSIO® Hi-Fi 3D. Through SENSIO solutions, consumers can access - with effortless interaction and complete peace of mind - 3D content of superior quality to common frame-compatible formats distributed over existing infrastructure (cable, satellite or over IP) and displayed using any existing digital equipment (cinema, home cinema, TV, game consoles or PC). SENSIO is listed on the Toronto TSX Venture Exchange.
SENSIO® is a registered trademark of SENSIO Technologies Inc.
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, readers are cautioned not to place undue reliance on these forward looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis of SENSIO for the quarter ended February 28, 2013. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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