LONGWOOD, Fla., May 5, 2011 /PRNewswire/ -- 3D Eye Solutions,
Inc. (OTCPK: TDEY) is pleased to announce that it has signed a 10
Year worldwide license agreement with 3D Network International,
Inc. The new company will focus on licensing and distribution of 3D
Eye Solutions' 3D content worldwide.
As part of the settlement agreement, 3D Network International
will receive the 10 Year license agreement which has already been
paid to 3D Eye Solutions, Inc. Michael Gibilisco, the former
CEO, will retain the rights, patents, and trademarks for 3D Eye
Solutions and will continue to develop the technology.
"We believe the 10 Year License Agreement is in the best
interest of all the shareholders. The license has already
been paid for, which will allow 3D Network International to market
the technology without the large R & D cost which were
prohibitive to the growth of the Company" stated Marc Jablon, Chairman 3D Eye Solutions, Inc.
The public company will be undergoing a name change to better
reflect its new business model. The new Company will market
and sell the 3D technology under the 10 Year license agreement.
All agreements are posted at
http://www.otcmarkets.com/stock/TDEY/financials. 3D Network
International is currently working on projects for television,
motion pictures and animation including Bobo Tales, Who Am I, The
Soul Exchange and Perfect Vision. 3D Network International will
help 3D Eye Solutions fulfill 3D conversion projects in various
markets worldwide.
To learn more about 3D Network International, Inc., please
visit: www.3dnetworkintl.com
About 3D Eye Solutions, Inc.:
3D Eye Solutions, Inc. is a service provider and integrator for
the 3D Stereo and Auto-stereo media industry that covers a wide
range of markets. 3D Eye Solutions, Inc. produces and processes
media content for corporate, venues, and trade show events. The
Company also provides turnkey systems and converts existing media
to enable end users to showcase properties in multi-view format.
For more information, please visit the Company's Web site:
www.3deyesolutions.com.
Safe Harbor: Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, technology efficacy and all other forward-looking
statements be subject to the safe harbors created thereby. The
Company is a development stage company who continues to be
dependent upon outside capital to sustain its existence. Since
these statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any time, the
Company's actual results may differ materially from expected
results.
CONTACT: Boost Marketing, 470-389-5900
SOURCE 3D Eye Solutions, Inc.