3DIcon Reports on Management Briefing
TULSA, OK -- (Marketwired) -- 07/01/14 -- 3DIcon Corporation (OTCQB: TDCP) ("3DIcon" or "Company"), a developer of three-dimensional projection display technology, conducted a Management Briefing (the "Briefing") on Thursday, June 19, 2014 for shareholders and other interested parties. The event was held at the Schusterman Learning Center on the Tulsa, OK campus of the University of Oklahoma. To provide as much coverage as possible the Company used a webcast format to provide internet and phone access in addition to in-person attendance. Over 200 people attended the Briefing either in person or via the webcast.
Attending the Briefing were the board of directors of 3DIcon, John O'Connor, Chairman, Martin Keating, Company Founder, and Victor Keen, CEO; Dr. Hakki Refai, CTO; Mark Willner, Chairman of the Business Advisory Board; Doug Freitag, 3DIcon's Federal Funding Consultant; and Jim Stein, VP of Government Affairs for SCHOTT Defense.
The Briefing included presentations by many of the above, focusing on the Company's progress in developing its CSpace technology, the new partnership between the Company and SCHOTT Defense, a review of the current state of 3D technologies and markets, an update on the technology being developed under the OCAST grant and a general state of the company review by CEO Victor Keen.
Some of the highlights of the Briefing included:
- An overview of the Company's strategy for accessing federal funding in collaboration with SCHOTT Defense.
- A projection by Federal Funding expert Doug Freitag outlining how the Company will apply for and aggressively pursue between $20 and $25 million in non-dilutive federal government funding over the next three years.
- An update on timelines for various stages of the Company's development of CSpace.
- Mr. Keen's observations from his point of view as a Shareholder of the Company.
Following the presentations the presenters responded to questions submitted by the attendees and the internet participants.
An audio recording of the oral presentations and the Q & A with the audience, as well as the associated presentation slides from the Briefing will be posted on the Company's website this week. In addition, the Company will follow up in a blog post with additional highlights and elaboration on the responses to some of the questions addressed during the Briefing.
About 3DIcon Corporation
3DIcon Corporation (the "Company," "3DIcon," "we," "us" or "our") is a developer of projection 3D display technologies. The Company's patented volumetric 3D display technology, CSpace®, is being developed to produce 360-degree viewable, high-resolution, color images, and is intended for use in government and industrial applications such as air traffic control, medical imaging, automotive & aerospace design, geological visualization, weather visualization, battle space visualization, and cargo / baggage / people scan visualization. The Company also sells a software product, Pixel Precision®, a simple-to-use image creation / manipulation tool for engineers developing systems based on Texas Instruments' DLP® line of products. For more information please visit www.3dicon.net.
About SCHOTT Defense
SCHOTT has been supplying the U.S. defense market with advanced technologies for over 40 years. The company's product range, ready to serve the defense and security industries, includes fiber optics, optical and filter glasses, glass and glass-ceramic for armor, and hermetic packages for protecting sensitive electronic components.
S AFE 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. Any forecasts herein are provided for illustrative purposes only and are based on information available to the Company at this time. Management expects that internal forecasts and expectations may change over time. 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.
Source: 3DIcon Corporation
Released July 1, 2014