DDD Group PLC Website domain name change and new product update (9278P)
February 24 2016 - 1:00AM
UK Regulatory
TIDMDDD
RNS Number : 9278P
DDD Group PLC
24 February 2016
24 February 2016
DDD Group PLC
Website domain name change and new product update
Los Angeles, California: DDD Group plc (AIM: DDD; OTCQX: DDDGY),
the advanced imaging company, announces that it has changed its
website to DDDGroupplc.com where shareholders may now obtain
details about the company, including AIM Rule 26 information.
The website name change is the final stage of the repositioning
of the business as it transitions to the new growth markets in
gamecasting, video conferencing and social photography. The Group
will continue to operate its TriDef.com, UPixapp.com and GenMe.com
websites which support the growing range of innovative 2D
background replacement solutions that the company has recently
launched.
Since introducing TriDef SmartCam in mid-2015, the company has
made good progress in the gamecasting and webcasting market where
over 200,000 trial copies have already been shipped to end users by
its affiliates and licensees. With the positive response from
gamers who are creating and sharing their game videos on Twitch and
YouTube, TriDef SmartCam is now attracting the attention of leading
companies who supply key products to the gamecasting and video
conferencing markets globally.
Most recently, the company has released its ground-breaking UPix
mobile app in the Google Play store which takes social photography
to a whole new level. Not only does UPix allow users to take better
selfies but it also makes selfies interactive by allowing friends
to become part of their photos and to re-share them. The UPix app
also allows fans to take virtual selfies with their favourite
actors, musicians and sports stars, creating a closer bond between
fans and celebrities on social media.
The company also recently moved its US office to a new location
in the heart of LA's 'Silicon Beach' technology community which has
rapidly become a key global technology hub for leading companies
including Facebook, YouTube, Google and Snapchat.
Chris Yewdall, Chief Executive of DDD, said:
"The company's focus is very much aimed at the "Generation Me"
millennials who are increasingly sharing their personal experiences
online through the burgeoning social media platforms.
The fact that it only took a few months to ship the first two
hundred thousand TriDef SmartCam licenses when it took over two
years to achieve this same benchmark in 3D underscores how much
larger the target markets are for our new products.
On Twitch.tv alone, 1.7 million gamers per month are now
broadcasting video game content that is watched by over 100 million
viewers per month. Google has estimated that over 93 million
selfies are captured and shared every day which is a key audience
for the new UPix app.
The latest products are compatible with PCs, games consoles and
mobile devices that consumers already own and are easily and cost
effectively distributed as software, greatly reducing the barriers
to adoption. The affiliate business model is also being well
received by our partners since it unlocks incremental value from
their end users.
Our new US base in the heart of Silicon Beach gives us ready
access to customers, partners and investment capital as we continue
to grow the GenMe Inc. subsidiary."
Enquiries:
DDD Group
Chris Yewdall, President
& CEO
Victoria Stull, CFO +1 310 566 3340
Peel Hunt LLP (UK Nomad/Joint
Broker)
Richard Kauffer / Euan
Brown
+44 (0)207 418 8900
Beaufort Securities (Joint
broker)
Elliot Hance +44 (0)207 382 8300
Berns & Berns (US PAL)
Michael Berns, esq. +1 212 332 3320
About DDD Group
DDD transforms the visual experience. Its advanced imaging and
TriDef(R) solutions are licensed by leading brands for use in TVs,
tablets and PCs. Over 55 million 3D products have been shipped by
DDD's licensees worldwide. DDD's shares are quoted on the London
Stock Exchange's AIM Market (AIM: DDD) and the OTCQX (DDDGY). For
more information please visit www.dddgroupplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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