SENSIO Technologies Inc.
TSX VENTURE : SIO

SENSIO Technologies Inc.

November 26, 2007 10:00 ET

SENSIO® Signs a First Contract for the Integration of its Technology Into a 3D TV Designed by Kerner Optical R&D

MONTREAL, QUEBEC--(Marketwire - Nov. 26, 2007) - SENSIO Technologies Inc. ("SENSIO") (TSX VENTURE:SIO), the inventor of the SENSIO®3D technology, announces that its technology will be integrated for the very first time into a 3D television intended for the consumer market. "We are extremely pleased with this milestone agreement we just reached with Kerner Optical Research and Development Corporation ("KORD"). The signature of this first contract falls within the timeline we had set and is the result of our efforts aimed at integrating our technology into a mass consumption device", explains Nicholas Routhier, President and CEO.

This recently entered into agreement will allow KORD to integrate the SENSIO®3D technology into the new LCD HD SpectronIQ television, as well as the JVC 2D to 3D real-time conversion technology, for which SENSIO obtained a license in October 2006. The new television is currently being developed as per a contract between KORD and SpectronIQ. This agreement follows the Letter of Intent announced last June, which expressed KORD's interest for the SENSIO®3D technology.

"We are thrilled to be working with SENSIO, the only company currently offering a full 3D home theater solution. The quality of the 3D presentation, combined with their diversified content offering, prove that SENSIO is well on track to becoming a true standard on the market", says Mark Anderson, KORD's President and Chief Executive Officer.

For his part, Mr. Routhier is very happy to be partnering with industry leader KORD to make 3D theater more accessible at home. "KORD's creativity and sense of innovation are undeniable assets for the development of the 3D home theater market."

This first commercial success will generate recurring incomes for SENSIO, as the contract provides for a base amount, as well as royalties on every unit sold.

About SENSIO

Founded in 1999, SENSIO Technologies Inc. (TSX VENTURE:SIO), headquartered in Montreal, Canada, develops and markets forward-looking stereoscopic technologies designed to offer the most advanced and immersive cinematographic experience available. Its flagship technology, SENSIO®3D, allows the high-quality distribution of 3D content through conventional 2D channels and playback on any display device, including plasma TVs, HDTV and glass-free 3D displays. Working with major Hollywood studios and large format 3D film producers, SENSIO has built up one of the world's largest library of 3D movies for the home entertainment market.

SENSIO® is a trademark of SENSIO Technologies Inc.

About KORD

In August of 2006, a group of investors purchased Kerner Optical (KO) from Industrial Light & Magic (ILM). As part of ILM, KO helped contribute to ILM's fifteen Academy Award winning motion pictures through its physical effects, model shop and camera group. Kerner Optical Research and Development, Inc (KORD) was the next natural evolution with its 30 years of movie making history and innovation. Leveraging the strengths of KO technical expertise and SpectronIQ consumer electronics production and distribution chain, KORD has been created to develop and license software and technology to display movies, games and internet media in extraordinary new ways.

KORD brings new concepts, techniques and systems to life. Our projects involve three-dimensional stereoscopic image acquisition and delivery as well as enabling technologies for feature film, simulation and immersive training environments. We are a high-end incubator within a world renowned studio. Our staff is surrounded by top movie industry professionals with years of expertise. KORD's primary value is our technological innovation focused on leveraging practical creative problem solving into next generation tools for client and industry professionals.

This press release contains prospective information that reflects the expectations of the Company in connection with future events. Actual events may significantly differ from those stated in this document.

The TSX Venture Exchange Inc. has not approved and accepts no responsibility for the authenticity or accuracy of the information contained in this news release.

Contact Information

  • SENSIO's Investor relations
    Evolution Group Inc.
    Sylvain Archambault
    President
    1-866-703-4887
    s.archambault@evolutiongrp.com
    or
    SENSIO Technologies Inc.
    Richard LaBerge
    Executive Vice-President & CMO
    514-846-2022, extension 14
    richard.laberge@sensio.tv
    or
    KORD
    Joe Siuicki, Chief of Disruptive Technologies
    90 Windward Way
    San Rafael CA. 94901
    415-448-2000
    joe@kerner.com