ISee3D Announces Development Project with European Automotive Manufacturer
March 07 2011 - 9:00AM
Marketwired
ISee3D Inc. (TSX VENTURE: ICT), is pleased to announce they are
working with a leading European automotive manufacturer for the use
of ISee3D technology. This development project will begin in March
2011, and ISee3D will work in partnership with this manufacturer to
develop new approaches to distance measurement systems for use in
automobiles, specifically by utilizing a single lens 3D approach.
Recognition of obstacles and measurement of the distance between
the obstacle and the automobile are essential for driver support
mechanisms, which include such features as collision avoidance,
adaptive cruise control, and blind spot monitoring. These support
mechanisms are being designed by the automobile industry in order
to enhance driver and passenger safety.
Some of these measurements require stereoscopic image pairs,
traditionally provided by two separate camera-lens systems.
Attempts, by the automotive industry, to incorporate these systems
into vehicles have been met with considerable difficulties,
specifically with regards to ensuring the alignment of both
cameras.
The key reason for pursuing ISee3D's technology is that it
eliminates the need for camera/lens calibration, thus dramatically
reducing the amount of processing power required, while increasing
accuracy.
As part of the scope of this project, ISee3D is responsible for
delivering a complete evaluation system, including the Proprietary
3D Lens System, Image Processing Software and an industrial camera
supplied by Allied Vision Technologies (AVT). The 3D Optical System
will be used to develop and test more accurate and higher speed
driver support systems. "We are excited about this project because
our customer is taking advantage of one of the most important
features of our technology - 3D single lens image stability" said
Bruce Seidel, Business Development at ISee3D.
About ISee3D
ISee3D is driving the universal adoption of 3D single lens
capture - from consumers and Hollywood to health care and military.
The company is introducing the first commercially feasible single
lens, single camera 3D capture technology. Scalable in size from
one mm in diameter to more than 250 mm, the patented technology can
be applied across many devices. Through its patented optical switch
technologies, ISee3D continues to aggressively pursue the best in
3D innovation to ensure an immersive 3D viewing experience, rather
than the traditional two lenses or 2D conversion approaches that
are the current standard. The company is headquartered in Vancouver
with offices in Toronto.
For more information about ISee3D visit us online at:
http://www.ISee3D.com
Allied Vision Technologies GmbH
Taschenweg 2a
07646 Stadtroda
Germany
Tel.: +49-36428-677-0
Fax.: +49-36428-677-24
http://www.alliedvisiontec.com
Statements included in this announcement, including statements
concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified
as, "forward-looking statements" for purposes of the safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by words including
"anticipates", "believes", "intends", "estimates", "expects" and
similar expressions. The company cautions readers that
forward-looking statements, including without limitation those
relating to the company's future operations and business prospects,
are subject to certain risks and uncertainties that could cause
actual results to differ materially from those indicated in the
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Corporate Contact ISee3D Inc. Tom Dalrymple, Chief
Operating Officer Office: 416-848-6353 tdalrymple@isee3d.com
Business Development Contact ISee3D Inc. Bruce Seidel, Business
Development Office: 416-848-6353 x 111 bseidel@isee3d.com
www.ISee3D.com
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