3DIcon Appoints Vivek Bhaman as Chairman of Technical Advisory Board
Former President and COO of 3DIcon to Support Commercialization of CSpace
TULSA, Okla., Jan. 25, 2011 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three dimensional projection and display technologies, today announced the appointment of Vivek Bhaman, former President and COO of the company, as Chairman of its Technical Advisory Board. In this role Mr. Bhaman will oversee the accelerated development and commercialization of 3DIcon's CSpace® technology.
3DIcon board member, Victor Keen, commented, "We've been hoping for some time to get Vivek re-involved with the company. His knowledge of CSpace® and his expertise and effectiveness in technology commercialization will be immensely helpful to 3DIcon at this time. Receipt of our patent on CSpace is really a game changer for us and a catalyst for bringing the right people and additional resources on board."
"I'm excited to be rejoining 3DIcon. Having received our patent for the rendering mechanism, our next goal is to complete improvements to the resolution and scalability of the image space. This will place CSpace well on its way to commercialization," added Mr. Bhaman.
Vivek Bhaman served as President and Chief Operating Officer of 3DIcon Corporation from May 2007 to February 2009, and Treasurer from October 2007 to February 2009. Mr. Bhaman has over 15 years of global experience in developing and introducing new technologies and products. He has held leadership positions at VeriFone, Hewlett-Packard, and with global media giants Omnicom Group and the Interpublic Group. His spectrum of experience includes consumer and business technologies for VeriFone and HP, where he was responsible for launching and managing the Asia-Pacific operations of the Electronics Commerce division. His involvement extended from development to marketing and sales. Prior to joining 3DIcon Corporation, Mr. Bhaman successfully led the startup and marketing operations of an enterprise-software technology company, including its acquisition of marquee customers Disney, Southern California Edison and Freeman Group.
About 3DIcon Corporation
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, 360-degree volumetric images, a development many consider to be the next step in 3D display technology. The Company has completed a working prototype of its flagship volumetric 3D technology, CSpace®, a breakthrough in 3D imaging. The Company has also launched its first software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For more information, visit http://www.3dicon.net.
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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 January 25, 2011