DDD Group (LSE: DDD.L - news) , has developed software and hardware products that enable the viewing of 3D images without the need to wear special spectacles. The company has just signed a 3-year deal with nWave Pictures to covert a number of movies into its TriDef format. Could be one for the watch list.

haystack why was there no rns statement? with this announcement.cheers woodie

There was an RNS statment at 7:00am this morning: -

RNS Number:5131Y
DDD Group PLC
11 May 2004


DDD UNVEILS REAL TIME 3D DVD MOVIE CONVERSION BREAKTHROUGH


Santa Monica, Calif. (May 11, 2004) -- DDD Group plc (AIM: DDD), the 3D
software and content company, today announces the completion of the development
of a ground breaking 3D conversion solution capable of playing conventional DVD
discs in 3D on the latest 'glasses free' 3D displays. The new TriDef(R) DVD
Player allows any (Hollywood) movie to be viewed in 3D without requiring special
pre-formatting of the DVD disc.

From today, the TriDef DVD Player will be offered to licensees of DDD's TriDef
software products and it marks an important milestone in the future development
of consumer markets for 3D displays by enabling real time conversion to 3D.

The TriDef DVD Player draws on the advanced image analysis technologies
developed for DDD's offline 3D media conversion service. The real time
conversion feature delivers immediate access to 3D DVD blockbuster movies for
owners of 3D displays and complements DDD's high quality offline conversion
process by delivering an easy to view 3D effect that is based on the
availability of 3D depth cues in the original movie.

In addition to the play back of conventional DVD movies in 3D, the TriDef DVD
Player is capable of playing original 3D movies including the library of 3D
feature length movies that were recently licensed from nWave Pictures. This
combination is designed to offer the widest possible choice to 3D display
owners.

Chris Yewdall, Chief Executive of DDD, said: "The TriDef DVD Player has received
an extremely positive reaction from our licensing partners and represents our
response to the need for a 'killer application' that will drive consumer
adoption of 3D displays in a variety of product categories including the PC and
DVD player. We've delivered a solution that is as simple as loading your
favorite DVD disc and pressing the Play button. This level of ease of use allows
our display partners to address a completely new audience of potential 3D
display owners."


Enquiries:

Chris Yewdall, President & CEO, DDD
Phone: (310) 566-3340
e-mail: info@ddd.com


About DDD

DDD, also known as Dynamic Digital Depth, is transforming the viewing experience
with applications for glasses-free 3D displays. Its patented technologies enable
3D viewing without glasses; simple integration of computer graphics applications
with 3D displays; supply of 3D content through 2D to 3D conversion; and 3D
transmission over existing networks. DDD is quoted on the London Stock
Exchange's Alternative Investment Market (AIM: DDD).

More information is available at www.DDD.com.

TriDef is a registered trademark of DDD Group plc. All other trademarks
mentioned herein are the property of their respective owners.


This information is provided by RNS
The company news service from the London Stock Exchange
END

I think what you mean is why is it not being shown on MoneyAm. I don't know. I have reported it to the bugs thread on the Traders BB.

Haystack,

I have reported this to our suppliers.

Ian

haystack sorry?

http://moneyam.uk-wire.com/cgi-bin/articles/200405180700097727Y.html

This looks like very bad news for DDD. It does make one wonder about his confidence in the future of DDD. The other thing that is strange is the added comment 'with immediate effect".

"Phil Harman, the Company's Chief Technology Officer, has resigned
to pursue other interests in Australia with immediate effect."

I noticed this post from earlier in this thread. I should point out that the Nintendo DS (Dual Screen) was launched last week in Los Angeles and it does have two screens and they are NOT 3D and do NOT use DDD technology! One is a normal screen and one is touch sensitive.



jfwinvestments - 27 Jan'04 - 23:58 - 28 of 61

...................NINTENDO are launching the new DS system to use sharp's 3d screens using DDD technology

New DS Details
According to Cube-Europe, Nintendo has stated the the price of the DS will retail for about 20,000 yen (approximately 150 Euros or 155 USD)

Apparently there will be 2-3 internally developed games at launch. Miyamoto has his hand in one game allegedly entited, "Buzz."

haystack it did also state that he will still have links with the company until nov 2004.

That may well have to do with working out a contractual notice period. As he was chairman of the company that he is going to at the same time as working for DDD then one must assume that he has been part time at DDD for quite a time. November is exactly 6 months away.

Is there any potential left in this.

Turnover increased 64% to 298,000 (2002: 182,000)
Loss before tax decreased 19% to 2.1 million (2002: 2.6 million)
Cash reserves of 1.8 million
Three-year, worldwide software and content licensing agreement with Sharp
Corporation
Three-year, worldwide content licensing agreement with nWave Pictures NV

Haystack is it worth getting in sub 10p?

azhar,

The chart looks a bit dire!

I think you will find those cash reserves are somewhat depleted!

My best guess is a discounted fund raising at around 6p, and for the price to drift down towards that level.

Sadly, there simply isn't a market for what looks like a pretty decent product!

The cash reserves were 1.8m at the end of December last year. They had a small placing earlier this year of 380k. I guess they have enough cash to last till about Jan/Feb.

The licensing deal with Sharp is just to give away some DDD software with Sharp laptops as part of a bundle so as to have something to demo the 3D screen for any buyers. It is not going to make their fortune. A few dollars per laptop and they are only aiming the laptop at specialist business users who need 3D.

Thanks guys/gals

This was a share recommended by Shares Magazine last year at 50p. Now it is only 11p. How could shares be so wrong?

Is there any point in hanging on to these?I'm too embarassed to admit what I paid for them.Any thoughts would be greatly appreciated.

Cos shares ainy got a f**king clue!

sandrew64, we have all been there but most won't admit it. My advice would be to hold, especially if you don't need the money elsewhere. one thing is for sure they will be above 10/11p by 2005. IMHO

azhar, thanks very much for your reply. However have bought into PRE during slight lull this afternoon,so unless something amazing happens by the time settlement is due I'm afraid these(ddd) will have to go!

Good luck

sandrew64,

I have to agree, not much point in hanging onto a falling or sideways trading share when there are opportunities to increase your capital elsewhere.

A friend of mine held sportech, and it has halved since he bought. He told me he was going to hang on for them to recover, but wanted to buy another stock but didn't have any trading funds available.

I suggested to him he might want to consider which was the more likely to incerease, and he agreed the stock he wanted rather than Sportech. I suggested he sell sportech, and buy his chosen stock with the funds.

Last Tuesday he sold Sportech and bought....Asia Energy!