Dolby's 3D Color Correction Solution Licensed to International Datacasting Corporation for 3D Live Events
* Reuters is not responsible for the content in this press release.
LAS VEGAS, NEVADA, Mar 30 (MARKET WIRE) --
At ShoWest 2009 today, Dolby Laboratories, Inc. (NYSE: DLB), and
International Datacasting Corporation (TSX: IDC) announced they have
signed a licensing agreement to incorporate Dolby's 3D color correction
solution into IDC's 3D live decoder hardware for live 3D content delivery
to movie theatres.
"Both IDC and Dolby recognize that great image quality is essential to
the live 3D experience. By leveraging Dolby's expertise in color
correction, IDC's 3D live products, developed with Sensio(R)
Technologies, will take the 3D live experience to the next level," said
Ron Clifton, President and CEO of IDC."
"Exhibitors around the world want to present pristine live 3D content,
and with Dolby's 3D color correction in IDC's products, they will have
the ability to present alternative content in Dolby(R) 3D," said John
Carey, Vice President, Worldwide Sales, Products and Services, Dolby
Laboratories. "Both Dolby and IDC deliver innovative products for digital
cinema, and this relationship reinforces our commitment to make the
latest advancements available to our 3D exhibitors."
IDC plans to integrate Dolby's proprietary 3D color correction solution
into its SuperFlex Pro Cinema 3D Live Decoder to deliver advanced image
quality to movie theatres equipped with Dolby 3D Digital Cinema systems.
In addition, Dolby plans to include network-integration capabilities to
ensure correct control of the Dolby 3D system.
The Pro Cinema 3D Live Decoder was developed by IDC in conjunction with
Sensio Technologies in order to expand IDC's digital cinema suite of
products used for file-based movie delivery. The Pro Cinema 3D Live
Decoder allows the streaming of live alternative content to movie
theatres via satellite.
About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is the global leader in technologies that
are essential elements in the best entertainment experiences. Founded in
1965 and best known for high-quality audio and surround sound, Dolby
creates innovations that enrich entertainment at the movies, at home, or
on the go. Visit www.dolby.com for more information.
About International Datacasting Corporation (IDC)
International Datacasting Corporation (TSX: IDC) is a global leader in
providing advanced solutions for the distribution of broadband content
via satellite. IDC is at the forefront of delivering IP-based datacasting
solutions via satellite and content distribution technologies with
installations in more than 100 countries worldwide. IDC's products are in
demand for radio and television broadcast networks, distance learning,
digital signage, digital cinema, IPTV distribution, and other content
distribution applications. IDC is headquartered in Ottawa, Canada,
operates in Europe through its wholly owned subsidiary PROFline BV in
Arnhem, the Netherlands, and has an established international network of
value-added partners and distributors.
Certain statements in this press release, including statements regarding
the performance, features, reliability, and capabilities of Dolby
technologies, including Dolby 3D Digital Cinema and Dolby color
correction technologies, as well as IDC's 3D live products; the potential
benefits that studios, exhibitors, and audiences may derive from these
technologies; the anticipated market acceptance of these technologies;
IDC's plans to integrate Dolby's color correction solution into its 3D
live products; and Dolby's plans to include network-integration
capabilities to ensure correct control of the Dolby 3D system; are
"forward-looking statements" that are subject to risks and uncertainties.
These forward-looking statements are based on the current expectations of
the respective management of Dolby and IDC. The following important
factors, without limitation, could cause actual results to differ
materially from those in the forward-looking statements: risks that Dolby
3D Digital Cinema, Dolby color correction, or IDC 3D live products may
not perform as anticipated; risks associated with building market
acceptance of and demand for 3D digital cinema in general, and for 3D
live events and technologies in particular, by filmmakers, content
providers, cinema operators, and audiences; competition risks for digital
and 3D theatre technologies; rapid changes in technical requirements for
movie theatrical playback technologies specifically and entertainment
technologies for movies in general; risks associated with developing
proprietary technologies and products based on "open standards;" risks
associated with the health of the motion picture industry in general;
risks associated with developing, maintaining, and strengthening
relationships with industry participants; and other risks detailed in
Dolby's Securities and Exchange Commission filings and reports, including
the risks identified under the section captioned "Risk Factors" in its
most recent Periodic Report on Form 10-Q or 10-K. Dolby disclaims any
obligation to update information contained in these forward-looking
statements, whether as a result of new information, future events, or
otherwise.
Dolby and the double-D symbol are registered trademarks of Dolby
Laboratories. Sensio is a trademark of Sensio Technologies, Inc.
S09/21132 DLB-G.
Contacts:
Dolby Laboratories
Joshua Gershman
415-645-5611
joshua.gershman@dolby.com
International Datacasting Corporation
Tracy Trottier
613-596-4120 X 2274
ttrottier@datacast.com
Copyright 2009, Market Wire, All rights reserved.
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