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SENSIO Renews VOD Distribution Agreement with The Walt Disney Studios3DGO! Will Continue to Feature Select Catalogue and New Disney Titles in 3D (March 19, 2014)
MONTREAL, QUEBEC -- (Marketwired) -- 03/19/14 -- SENSIO Technologies Inc. ("SENSIO" or "the Company") (TSX VENTURE:SIO)(OTC:SNIOF), announced today the renewal of the 3D VOD content license agreement it had entered into with The Walt Disney Studios in March 2013, to offer a selection of 3D movies as they become available for on-demand rental on SENSIO's 3DGO! service in the U.S. and Canada. The renewal extends the term of the agreement and includes both current and upcoming 3D titles, such as the Academy Award-winning Best Animated Feature "Frozen," which recently crossed $1 billion at the worldwide box office.
"We are extremely happy to renew this agreement with Disney, with which SENSIO has had a long-term relationship," said Nicholas Routhier, President & CEO of SENSIO. "Disney's titles are very popular among our viewers and have been a major driving force behind the success of 3DGO! so far. Today's announcement is a reflection of our long-term commitment to 3DGO!, and to the distribution of high-quality 3D content at home in which we firmly believe."
3DGO!(TM) is the world's first and only dedicated 3D transactional VOD service offering the largest selection of high-quality 3D content, including some of the latest 3D Hollywood blockbuster titles, via internet streaming to 3D smart devices. The application offers consumers quick and easy access to an ever-growing library of varied 3D content which SENSIO is committed to continue developing. Neither subscription nor additional equipment is required making it a simple, inexpensive and ideal way to watch 3D in the home. 3DGO! uses the award-winning SENSIO Hi-Fi 3D technology, a unique frame-compatible technology providing high-fidelity stereoscopic images while using conventional 2D channels. 3DGO! is currently available in the US to consumers whose 3DTVs or media streaming devices support the SENSIO Hi-Fi 3D technology. For a list of compatible devices and available movies, please visit www.3DGO.com.
For further information on SENSIO and its technologies, please visit www.sensio.tv
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
SENSIO is a registered trademark of SENSIO Technologies Inc.
Caution Concerning Forward-Looking Statements
Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize and readers are cautioned not to place undue reliance on these forward looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management's discussion and analysis of SENSIO for the quarter ended November 30, 2013. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
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