3DIcon's CEO Mark Willner Issues Business Update Letter to Shareholders
TULSA, Okla., July 24, 2012 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP) (the "Company"), a developer of volumetric, three-dimensional display technologies, today announced that its CEO, Mr. Mark Willner, has issued a new Business Update Letter to Shareholders.
In the letter, Mr. Willner updates shareholders about the technical status of the Company's patented CSpace® volumetric 3D display technology and near term plans for further development of that technology. In addition, Mr. Willner explains the rationale behind the potential acquisition of the glasses-free flat screen 3D display company, Dimension Technologies, and the Company's current thinking about commercializing that technology in the event such an acquisition is successfully consummated. To view the letter in full, please visit: https://d1io3yog0oux5.cloudfront.net/tdcp/media/e7a66539a46c812b15a8a981a8a073f8.pdf
About 3DIcon Corporation
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, high-resolution, 360-degree volumetric images, a development many consider to be the next step in 3D display technology. CSpace creates both dense and translucent images for use in mission critical functions including healthcare, security and defense. CSpace enables viewing inside organs, cargo containers, and baggage, as well as large-scale terrain such as oceans and mountains, all of which are beyond the capabilities of other current display methodologies. The company also offers a software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For visualization of CSpace images please visit www.3dicon.net.
The 3DIcon Corporation logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=7750
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.
CONTACT: 3DIcon Corporation Judy Keating 918-494-0509
Released July 24, 2012