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DDD Group Restructures 3D Conversion License Deal With Samsung - Quick Facts

DDD Group plc (DDD.L) said it restructured the license agreement that allows Samsung Electronics Company Ltd. to use DDD's automatic 2D to 3D conversion technology in Samsung's new 3D enabled LED LCD HDTVs. The company said that the per unit royalty paid for each Samsung 3D TV equipped with DDD's TriDef 3D technology was reduced in order to enable Samsung to include the feature in a wider range of 3D TV models.

The Group expects Samsung to include DDD's automatic 2D to 3D conversion capability in all Samsung LED LCD 3D HDTVs manufactured this year, as a result of the revised royalty. DDD expects to receive royalty revenue from Samsung in the range of $1.1 million - $1.5 million during 2010.

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