MONTREAL, QUEBEC -- (Marketwired) -- 04/29/13 -- SENSIO Technologies Inc. (SENSIO) (TSX VENTURE: SIO) today announced that its long awaited 3DGO! service is now available to consumers. The 3DGO! application will gradually be made available to all 3DTVs supporting SENSIO® Hi-Fi 3D technology in the US with full deployment expected by June 2013. New compatible 3DTVs supporting the technology will also have access to 3DGO! from that point on.
The 3DGO! application is currently offered for free on VIZIO's Smart TVs with Theatre 3D®. Content offered on 3DGO! can be rented for a period of 24 hours at a price ranging from $5.99 to $7.99 USD. Rental revenues are expected to begin in May 2013, with anticipated significant growth in the following months, driven by increased number of compatible devices, application downloads and increased usage.
"Today, one of the biggest hurdles for mass 3DTV adoption by consumers has been removed with the official launch of 3DGO!," says Richard LaBerge, Executive Vice-President and Chief Business Development Officer. "From now on, consumers will have an easy, affordable and convenient access to the 3D content they really want. We are thrilled to once again help shape the future of 3D in the home with this milestone achievement. In the coming two months, we will be working jointly with our partners to ensure the successful launch of 3DGO! and we are very enthusiastic about the revenue generating potential of this strategic initiative."
3DGO! is the world's first and only dedicated 3D transactional VOD service offering the largest selection of high-quality 3D content, including some of the latest 3D Hollywood blockbuster titles, via internet streaming to 3D smart devices. The application offers consumers quick and easy access to an ever-growing library of varied 3D content which SENSIO is committed to continue developing. Neither subscription nor additional equipment is required, making it a simple, inexpensive and ideal way to watch 3D in the home. 3DGO! uses the award-winning SENSIO® Hi-Fi 3D technology, a unique frame-compatible technology providing high-fidelity stereoscopic images while using conventional 2D channels. 3DGO! is currently available in the US to consumers whose 3DTVs or media streaming devices support the SENSIO® Hi-Fi 3D technology. For a list of compatible devices and available movies, please visit www.3DGO.com.
For further information on SENSIO and its technologies www.sensio.tv
About SENSIO Technologies Inc. (SENSIO):
SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor in bringing 3D video to the consumer since 1999. Its vision, expertise and state-of-the-art solutions, based on diversified stereoscopic image-processing technologies, have been trusted by some of the biggest names in the media and entertainment industries to power numerous industry firsts, initiate new business models and generate immediate revenue with a distinctive 3D offering.
SENSIO enables its clients to deliver the best possible 3D experience for the end-user through a broad portfolio of products, including its flagship, award-winning technology, SENSIO® Hi-Fi 3D. Through SENSIO solutions, consumers can access - with effortless interaction and complete peace of mind - 3D content of superior quality to common frame-compatible formats distributed over existing infrastructure (cable, satellite or over IP) and displayed using any existing digital equipment (cinema, home cinema, TV, game consoles or PC). SENSIO is listed on the Toronto TSX Venture Exchange.
SENSIO® is a registered trademark of SENSIO Technologies Inc.
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, readers are cautioned not to place undue reliance on these forward looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis of SENSIO for the quarter ended February 28, 2013. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any 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.
EVP & CBDO
SENSIO Investor Relations
Strategic Advisor, Capital Markets
+1 514 906-2425
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