MONTREAL, QUEBEC — (Marketwired) — 03/04/15 — SENSIO Technologies Inc. (“SENSIO” or the “Company”) (TSX VENTURE: SIO) announced today that it has developed a new version of its award-winning SENSIO® Hi-Fi 3D format which is compatible with the side-by-side decoders found in the vast majority of 3D devices available on the market. These 3D devices namely include 3DTVs, 3D digital receivers used by cable companies and other service providers, desktop computers and laptops, as well as virtual reality headsets. The new format is also compatible with the SENSIO® Hi-Fi 3D decoder, offering its users better quality than with conventional side-by-side decoders.
Another important benefit of the new encoding is its improved compressibility when used in conjunction with conventional video encoders like MPEG2, MPEG4 and HEVC. As a result, 3D content can be distributed at a lower bitrate without compromising image quality. In the coming weeks, SENSIO will be converting its entire 3DGO! movie library to the new format, which will make the service compatible with the vast majority of 3D devices on the market and provide a new lower bitrate profile to improve the robustness of the service under limited or highly variable bandwidth conditions. When new movies will be added to the 3DGO! library in the future, they will also be encoded in the new format.
“Our ambition with 3DGO! is to become the world–s largest distributor of 3D content, and to achieve this, it was necessary to broaden the compatibility of our service to include the largest number of 3D devices possible,” said Nicholas Routhier, SENSIO–s President and CEO. “This new version of the SENSIO® Hi-Fi 3D format reflects that ambition and it constitutes a real feat by our engineering team. With this new version we are able to extend 3DGO!–s compatibility to the vast majority of devices on the market while reducing the bandwidth needed for content distribution and maintaining the quality differentiation of the SENSIO® Hi-Fi 3D decoder. Thanks to this new encoding, we have removed a major barrier to the adoption of our service, and we are excited about the possibilities for 3DGO!–s market expansion,” Routhier added.
About SENSIO
Founded in 1999, SENSIO Technologies Inc. () is a pioneer in the field of stereoscopic 3D imaging and of 3D content distribution at home. For over 15 years, SENSIO has been developing, patenting and marketing advanced 3D image processing technology providing superior image quality as well as a simple user friendly experience. Its award-winning technology, SENSIO ® Hi-Fi 3D, can be found in millions of products for the cinema, distribution and consumer electronics markets worldwide.
Today, SENSIO uses its technologies and 3D expertise to deliver its video-on-demand service, 3DGO!, the first 3D-dedicated service offering Hollywood blockbuster movies directly to consumers. SENSIO works with some of the biggest brands in the consumer electronics industry and the film industry to become the destination of choice for 3D movie fans. 3DGO! aims to become the largest distributor of 3D content for the consumer market in the world.
SENSIO is listed on the Toronto TSX Venture Exchange (SIO).
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, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize and 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 November 30, 2014. 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. Forward-looking statements are presented for the purpose of providing information about management–s current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
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.
SENSIO® is a registered trademark of SENSIO Technologies Inc.
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Contacts:
SENSIO
Nicholas Routhier
President and CEO
514-846-2022
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