3DIcon Reports on Management Briefing
July 01 2014 - 6:00AM
Marketwired
3DIcon Reports on Management Briefing
TULSA, OK--(Marketwired -
July 01, 2014) - 3DIcon Corporation (OTCQB: TDCP) ("3DIcon" or "Company"), a
developer of three-dimensional projection display technology,
conducted a Management Briefing (the "Briefing") on Thursday, June
19, 2014 for shareholders and other interested parties. The
event was held at the Schusterman Learning Center on the Tulsa, OK
campus of the University of Oklahoma. To provide as much
coverage as possible the Company used a webcast format to provide
internet and phone access in addition to in-person
attendance. Over 200 people attended the Briefing either in
person or via the webcast.
Attending the Briefing were the board of directors of 3DIcon,
John O'Connor, Chairman, Martin Keating, Company Founder, and
Victor Keen, CEO; Dr. Hakki Refai, CTO; Mark Willner, Chairman
of the Business Advisory Board; Doug Freitag, 3DIcon's Federal
Funding Consultant; and Jim Stein, VP of Government Affairs for
SCHOTT Defense.
The Briefing included presentations by many of the above,
focusing on the Company's progress in developing its CSpace
technology, the new partnership between the Company and SCHOTT
Defense, a review of the current state of 3D technologies and
markets, an update on the technology being developed under the
OCAST grant and a general state of the company review by CEO Victor
Keen.
Some of the highlights of the Briefing included:
- An overview of the Company's strategy for accessing federal
funding in collaboration with SCHOTT Defense.
- A projection by Federal Funding expert Doug Freitag outlining
how the Company will apply for and aggressively pursue between
$20 and $25 million in non-dilutive federal government funding over
the next three years.
- An update on timelines for various stages of the Company's
development of CSpace.
- Mr. Keen's observations from his point of view as a Shareholder
of the Company.
Following the presentations the presenters responded to
questions submitted by the attendees and the internet
participants.
An audio recording of the oral presentations and the Q & A
with the audience, as well as the associated presentation slides
from the Briefing will be posted on the Company's website this
week. In addition, the Company will follow up in a blog post
with additional highlights and elaboration on the responses to some
of the questions addressed during the Briefing.
About 3DIcon Corporation
3DIcon Corporation (the "Company," "3DIcon," "we," "us" or
"our") is a developer of projection 3D display technologies. The
Company's patented volumetric 3D display technology, CSpace®, is
being developed to produce 360-degree viewable, high-resolution,
color images, and is intended for use in government and industrial
applications such as air traffic control, medical imaging,
automotive & aerospace design, geological visualization,
weather visualization, battle space visualization, and cargo /
baggage / people scan visualization. The Company also sells a
software product, Pixel Precision®, a simple-to-use image creation
/ manipulation tool for engineers developing systems based on Texas
Instruments' DLP® line of products. For more information please
visit www.3dicon.net.
About SCHOTT Defense
SCHOTT has been supplying the U.S. defense market with
advanced technologies for over 40 years. The company's product
range, ready to serve the defense and security industries, includes
fiber optics, optical and filter glasses, glass and glass-ceramic
for armor, and hermetic packages for protecting sensitive
electronic components.
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. Any forecasts herein
are provided for illustrative purposes only and are based on
information available to the Company at this time. Management
expects that internal forecasts and expectations may change over
time. 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 CorporationJudy Keating918-494-0509
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