SINGAPORE, Dec. 16, 2013 /CNW/ - Zecotek Photonics Inc. (TSX-V: ZMS; OTCPK: ZMSPF; Frankfurt: W1I), a developer of leading-edge photonics technologies for medical,
industrial and scientific markets, today announced that its wholly
owned subsidiary Zecotek Display Systems Pte. Ltd. is demonstrating
patented 3D display technology to major electronics companies in its
lab in Vancouver, BC. The Company is in discussions with certain major
electronics companies to co-develop an OLED/LED (organic light emitting
diode) based, flat screen, glasses-free, true 3D HD television. This
progress in the Zecotek Display Systems division, follows the recently
signed collaborative joint venture agreement between Hamamatsu
Photonics of Japan and Zecotek Imaging Systems to market and sell
patented imaging technologies.
"With the sharp decline in the 3D consumer television market over the
past year there is renewed interest in our patented 3D display
technology," said Dr. A.F. Zerrouk, Chairman, President, and CEO of
Zecotek Photonics Inc. "Price, combined with concerns about visual
health, as well as the overall lack of quality in the current 3D
television, have all contributed to a poor consumer market outlook.
Zecotek`s 3D display offers a realistic, HD, glasses free multi-viewer
3D experience. We have overcome the main technical barriers required
to meet the consumer preference for flat screen form factors and HD
picture quality with available OLED/LED flat screen display
technologies. Our strategy is to partner with industry leading OEMs to
commercialize our patented technologies. Renewed discussions are now in
progress and we feel confident about reaching a mutually rewarding
Current OLED/LED based flat screen display technologies are now meeting
higher switching speeds necessary to support Zecotek`s 3D display
technology. The Company is actively pursuing major consumer electronics
companies to develop a true, glasses-free, HD 3D experience using
state-of-the-art fast OLED/LED panels. The application of Zecotek's 3D
display system with fast OLED panels will enable a true 3D, HD flat
screen display system which could revive the electronics 3D consumer
"In November 2011 our white paper on 3D display technology predicted the
challenging consumer market place, pointing to the weakness in the 3D
systems using special glasses. At the same time, the white paper
indicated that once flat screen technologies, OLED in particular,
evolved to higher switching speeds, Zecotek's unique display technology
would be successfully applied to flat screen formats. This is now
happening today," continued Dr. Zerrouk.
In parallel, rapid improvements in DLP (digital light processing) speeds
and intensity have enhanced the performance of Zecotek's current 3D
projection technology, providing an opportunity in specialized markets
where a flat screen is not a critical requirement. As a result, the
Company is finalizing the design of two new high speed DLP's designs: a
large display suitable for advertising and large venues; and a desk top
monitor that will have applications in design engineering, medical,
teaching and gaming.
Patents have now been granted to Zecotek for its 3D display system in
the United States, China, Europe, Eurasia, Russia and Australia.
Patents have been filed and are pending in Japan, Korea and India.
About Zecotek's 3D Display System
Zecotek's 3D Display System is based on the auto-stereoscopic principle,
but with substantial innovative and patented improvements and
represents a new and unique generation of 3D displays. It has the
capability of simultaneously presenting 3D and 2D images on the same
screen, and for separate views at different viewing angles. Zecotek's
true, auto-stereoscopic 3D2D display system requires no eyewear and has
an effective viewing angle of 40 degrees with 90 concurrent
perspectives allowing for multiple views at the same time. Another
unique feature of the Zecotek system is constant motion parallax within
the viewing angle. Motion parallax eliminates the sense of imbalance
and dizziness during normal observation which can occur with polarized
and shutter glasses used with other commercial systems. Furthermore
Zecotek's 3D display features the preservation of the base resolution
in every perspective view irrespective of the number of such views.
This is not true for any other glasses-free displays where the base
resolution is divided by the number of views. Zecotek`s white paper on
3D display technology is available on www.zecotek.com.
Zecotek Photonics Inc (TSX-V: ZMS; Frankfurt: W1I) is a photonics
technology company developing high-performance scintillation crystals,
photo detectors, positron emission tomography scanning technologies, 3D
auto-stereoscopic displays, and lasers for applications in medical,
high-tech and industrial sectors. Founded in 2004, Zecotek operates
three divisions: Imaging Systems, Laser Systems and 3D Display Systems
with labs located in Canada, Korea, Russia, Singapore and U.S.A. The
management team is focused on building shareholder value by
commercializing over 50 patented and patent pending novel photonic
technologies directly and through strategic alliances and joint
ventures with leading industry partners such as the European
Organization for Nuclear Research (Switzerland), Beijing
Opto-Electronics Technology Co. Ltd. (China), NuCare Medical Systems
(South Korea), and National NanoFab Center (South Korea). For more
information visit www.zecotek.com, follow @zecotek on Twitter and "like" us in Facebook at www.facebook.com/zecotek.
This press release may contain forward-looking statements that are based
on management's expectations, estimates, projections and assumptions.
These statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to predict.
Therefore, actual future results and trends may differ materially from
what may have been stated.
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SOURCE: Zecotek Photonics Inc.
For further information:
Zecotek Photonics Inc.
T: (604) 783-8291