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DDD Group renews license agreement with Lenovo

AIM-listed technology provider, DDD Group, has renewed the license agreement for its TriDef 3D software with Lenovo, the multinational computer hardware and electronics company.

AIM-listed technology provider, DDD Group, has renewed the license agreement for its TriDef 3D software with Lenovo, the multinational computer hardware and electronics company.

In an update issued on Tuesday, DDD reported that Lenovo would be launching a range of new Win8 All-In-Ones, desktops and monitors during the Spring of 2013.

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It said that its TriDef 3D software would be supplied with Lenovo's 3D PC products including the Lenovo All-In-One B3 and B5 series as well as the X and K series 3D Desktop models, to deliver 3D viewing.

DDD's TriDef 3D automatically converts DVD movies, video and photo files from 2D to 3D. It also allows 2D PC games to be played in 3D "off the shelf", even if the game was not specifically developed for 3D.

The group further reported that Lenovo would include a selection of original, high definition 3D programming available from Yabazam.com, DDD's 3D entertainment portal.

DDD Group will continue to receive quarterly royalty revenues from Lenovo based on the volume of 3D PCs shipped.

Chris Yewdall, Chief Executive Officer of DDD Group, commented:"Lenovo is a powerhouse in the PC market and its choice to use TriDef 3D in its growing range of 3D products reinforces DDD's position as a leader in the 3D market."

DDD's share price was up 3.06% to 25.25p at 09:33 on Tuesday.

MF

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