MONTREAL, QUEBEC--(Marketwired - May 7, 2014) - SENSIO Technologies Inc. ("SENSIO" or "the Company") (TSX VENTURE:SIO), announced today that its 3DGO!™ VOD service will be launching on select 3D-enabled Panasonic VIERA HDTVs across the United States, starting today. The application will gradually become available on Panasonic's 2014 Life+Screen 3D-enabled HDTVs as well as post 2011 legacy models, through the proprietary VIERA Connect Apps Navigator. The gradual rollout of 3DGO! is expected to take one month.
In collaboration with Panasonic, marketing efforts will also be set in motion to promote the availability of 3DGO! to Panasonic 3DTV owners. Over the weeks following the launch, advertisement and notifications will be used to highlight the app's availability.
"We are very excited about deploying 3DGO! with Panasonic, thus building on our current momentum and creating a new stream of revenue," said Richard LaBerge, Executive Vice-President and Chief Business Development Officer of SENSIO. "Marketing efforts are essential to generate awareness of 3DGO!'s availability to Panasonic 3DTV owners and drive new user registration. We have had an outstanding collaboration with Panasonic throughout the commercialization planning process and we're looking forward to seeing the results in the coming weeks. Lastly, we are impressed at how smooth the entire development process has been. This shows that our platform has now reached maturity and that we are ready for future launches."
3DGO!™ is the world's first and only dedicated 3D transactional VOD service offering the largest selection of high-quality 3D content, including some of the latest 3D Hollywood blockbuster titles, via internet streaming to 3D smart devices. The application offers consumers quick and easy access to an ever-growing library of varied 3D content which SENSIO is committed to continue developing. Neither subscription nor additional playback equipment is required making it a simple, inexpensive and ideal way to watch 3D in the home. 3DGO! uses the award-winning SENSIO® Hi-Fi 3D technology, a unique frame-compatible technology providing high-fidelity stereoscopic images while using conventional 2D channels. The application is currently available in the US on select 3DTVs. For a list of compatible devices and available movies, please visit www.3DGO.com.
For further information on SENSIO and its technologies, please visit www.sensio.tv
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About SENSIO Technologies Inc. (SENSIO):
SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor in bringing 3D video to the consumer since 1999. Its vision, expertise and state-of-the-art solutions, based on diversified stereoscopic image-processing technologies, have been trusted by some of the biggest names in the media and entertainment industries to power numerous industry firsts, initiate new business models and generate immediate revenue with a distinctive 3D offering.
SENSIO enables its clients to deliver the best possible 3D experience for the end-user through a broad portfolio of products, including its flagship, award-winning technology, SENSIO® Hi-Fi 3D. Through SENSIO solutions, consumers can access - with effortless interaction and complete peace of mind - 3D content of superior quality to common frame-compatible formats distributed over existing infrastructure (cable, satellite or over IP) and displayed using any existing digital equipment (cinema, home cinema, TV, game consoles or PC). SENSIO is listed on the Toronto TSX Venture Exchange.
SENSIO® is a registered trademark of SENSIO Technologies Inc.
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize and readers are cautioned not to place undue reliance on these forward looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis of SENSIO for the quarter ended February 28, 2014. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.