3DIcon Expects First Revenue in 2006; Unique CSPACE(TM) Prototype Should Lead to Licensing and Sales in Fourth Quarter, Earlier Than Originally Planned
TULSA, Okla.--(BUSINESS WIRE)--March 21, 2006--3DIcon Corporation (Pink Sheets:TDCP), a communications development company, announced today that it anticipates initial licensing and sales revenue during the fourth quarter of 2006.
"The University of Oklahoma is completing the technical architecture for a full-color, 360-degree 3D display system known as CSPACE(TM), and we are planning to begin marketing it aggressively this summer," said Martin Keating, 3DIcon's CEO. "We have several other innovative and related research and development pursuits underway with OU, but this will be our first commercial product. We believe it will be ideally suited for such customers as high-end jewelry and other fashionable retail display users."
3DIcon Corporation is a development-stage company whose mission is to create and market full-color, 360-degree person-to-person 3D technology that is both simple and portable. Such a system could revolutionize or replace all existing forms of electronic communications, including television, telephones, and personal computers. This "next-generation" technology should be well suited to such industries as construction, transportation, healthcare, education, entertainment, financial services, and the military.
Any statements contained herein which are not historical facts are considered "forward-looking statements" under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to management. Actual results may vary significantly from these forward-looking statements based on a variety of factors.
Released March 21, 2006