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DDD Group PLC – Emerging 3D consumer market yields high margin royalty growth

By April 18, 2011Newswires


Emerging 3D consumer market yields high margin royalty growth

Los Angeles, California: DDD Group plc (“DDD” or “the Group”), the 3D consumer technology licensing group,
has published its full year results for the year ended 31 December 2010.


  • Over 2.5m units of DDD TriDef 2D to 3D conversion solutions shipped by TV and PC licensees
  • Alliance with Texas Instruments to implement the 3D solution on OMAP™ smartphone processors – first opportunities to view 3D without glasses
  • Recent PC software licensees signed up including Samsung, LG and a leading PC chip manufacturer
  • Turnover, excluding discontinued businesses, up 12% to £1,298,000 (2009: £1,156,000)
  • Loss from continuing operations before tax £921,000 (2009: loss £842,000)
  • Loss per share per share reduced to 0.82p (2009: loss 0.98p)
  • Net cash outflow from operating activities £765,000 (2009: outflow £827,000)
  • Net cash at 31 December 2011 £2,734,000 (2009: £902,000)
  • Placing raising approximately £3,380,000, after expenses and conversion of loan notes in June 2010

Chris Yewdall, Chief Executive said:

“2010 was a key year in our development as the number of units of TVs and PCs shipped with
our 2D to 3D conversion solutions jumped from 100,000 to over 2.5 million. TriDef 3D is now at
the heart of a growing number of 3D products from brand name companies.

“We have maintained the momentum in 2011 and are rapidly adding new licensees, in particular
for our TriDef PC software solutions, as evidenced by our recent agreements with the leading
PC/monitor companies of LG Electronics, Samsung and a leading chip manufacturer. We are also
seeing opportunities in the mobile device market driven by our recently completed TriDef 3D
Mobile Android™ software. We expect to secure additional OEM design wins in this market in
the near future.

“Our focus remains firmly on developing and delivering continued growth in the high margin,
recurring, royalty business through the licensing of our technologies in the TV, PC and mobile
consumer markets.”


DDD Group

Chris Yewdall, President & CEO
Victoria Stull, Chief Financial Officer
+1 310 566-3340

Canaccord Genuity
Simon Bridges
0207 050 6500

College Hill
Kay Larsen / Adrian Duffield
0207 457 2020

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