Business
faceAPI Production License signed
faceAPI Production License signed.
About this update from Seeing Machines Limited
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 6942D Seeing Machines Limited 28 March 2011 \n \n\nSEEING MACHINES (\"the Company\")\n \nSeeing Machines powers next generation (glasses-free) 3D for\nconsumer electronics products\n \nSeeing Machines Limited (AIM:SEE), a leading developer of advanced vision based industrial systems, announces a new faceAPI Production License has been signed with Shenzhen Super Perfect Optics Limited (SuperD), based in Shenzhen, China. \n \nTop branded laptop computer makers exhibited the SuperD glasses-free 3D solution incorporating the Company's faceAPI technology at the Consumer Electronics Show (CES) in Las Vegas in January this year and CeBIT in Hannover earlier this month. The first consumer products are expected to be available in mid 2011. Seeing Machines and SuperD have been working together for approximately 12 months during the development of SuperD's new glasses-free 3D display solutions which include Seeing Machines' faceAPI. The Production License Agreement announced today will see Seeing Machines receive a royalty for every laptop computer, computer monitor or all-in-one-PC product that contains the SuperD glasses-free 3D display solution incorporating faceAPI.\n \nJohnny Wang, Vice President Product Marketing Group, SuperD commented: \"The development of our 3D display solution has been greatly assisted by the unique capabilities of Seeing Machine's faceAPI product. We extensively evaluated the entire eye-tracking market and selected faceAPI as our preferred solution as it provided the best balance of performance and precision. The terrific working relationship with Seeing Machines over the last year has also greatly assisted the rapid development of our product. We now look forward to the deployment of our glasses-free 3D solution incorporating the faceAPI, where we expect the technology to power literally millions of devices from laptop computers to monitors to all-in-one-PC products produced by some of the biggest name manufacturers in the market.\"\n \nNick Cerneaz, CEO of Seeing Machines commented: \"Our faceAPI commercialisation strategy is to license the product to developers and manufacturers of high volume and value products. This new production license with SuperD is a significant market validation of both the prod...