SENSIO Technologies announced that it has extended its content licensing agreement with Universal Pictures Home Entertainment to distribute 3D movies through its 3DGO! Video-on-Demand service.
For more information visit: www.sensio.tv
Unedited press release follows:
SENSIO and Universal Pictures Home Entertainment Renew Distribution Deal for U.S. and Enter Into a New Deal for Canada
Universal’s 3D film library continues to be available on 3DGO!™ in the U.S. and will also be available for the upcoming expansion of 3DGO!™ in Canada
MONTREAL, QUEBEC–(Oct. 17, 2014) – SENSIO Technologies Inc. (“SENSIO” or “the Company”) (TSX VENTURE:SIO) today announced the extension of its content licensing agreement with Universal Pictures Home Entertainment (“Universal”) for the distribution of 3D movies through its 3DGO!™ video-on-demand service. This pact provides access, depending on windows of availability, to Universal’s 3D titles in the U.S Additionally, SENSIO and Universal have entered into a new content licensing agreement to make such 3D titles available in Canada. The 3D titles include such blockbuster animated films as Despicable Me and Dr. Seuss’ The Lorax, as well as an impressive and exciting slate of upcoming Universal films.
“We are extremely satisfied with both the extension of our U.S. deal and the new Canadian agreement, which will help us expand our movie library and pave the way for our upcoming Canadian expansion,” said Nicholas Routhier, SENSIO’s President and CEO. “Universal is a key partner for SENSIO, and its content library remains very popular with 3DGO!™ users. Combined, the extension and the new agreement give us access to more high-quality titles for an extended term, in a bigger territory, and is in line with our objectives. With today’s announcement, we have just taken a big step forward in our development plans for 3DGO!™”.
For further information on SENSIO and its technologies, please visit www.sensio.tv
About SENSIO Technologies Inc. (SENSIO):
SENSIO Technologies Inc. (www.sensio.tv) has been leading the floor in bringing 3D video to the consumer since 1999. Its vision, expertise and state-of-the-art solutions, based on diversified stereoscopic image-processing technologies, have been trusted by some of the biggest names in the media and entertainment industries to power numerous industry firsts, initiate new business models and generate immediate revenue with a distinctive 3D offering.
SENSIO enables its clients to deliver the best possible 3D experience for the end-user through a broad portfolio of products, including its flagship, award-winning technology, SENSIO® Hi-Fi 3D. Through SENSIO solutions, consumers can access – with effortless interaction and complete peace of mind – 3D content of superior quality to common frame-compatible formats distributed over existing infrastructure (cable, satellite or over IP) and displayed using any existing digital equipment (cinema, home cinema, TV, game consoles or PC). SENSIO is listed on the Toronto TSX Venture Exchange.