3DIcon Researchers at University of Oklahoma File Provisional Patent Applications for 3D Technologies; OU Team Presents Two Filings to U.S. Patent Office; 3DIcon Expects Marketing of Innovative 3D Systems This Year.TULSA Tulsa (tŭl`sə), city (1990 pop. 367,302), seat of Tulsa co., NE Okla., on the Arkansas River east of its junction with the Cimarron; inc. 1898. , Okla. -- 3DIcon Corporation (Pink Sheets:TDCP TDCP Tourism Development Corporation of Punjab (Pakistan) ), a communications development company, announced today that the University of Oklahoma University of Oklahoma, abbreviated OU, is a coeducational public research university located in the U.S. state of Oklahoma. Founded in 1890, it existed in Oklahoma Territory near Indian Territory 17 years before the two became the state of Oklahoma. , under contract with 3DIcon, has filed provisional applications Under United States patent law, a provisional application for patent is a type of national application for patent filed in the United States Patent and Trademark Office (USPTO), but which does not mature into an issued patent unless further steps are taken by the applicant. with the U.S. Patent and Trademark Office for two separate proprietary 3D technologies. "These initial patent filings mean that we can begin marketing a number of CSPACE(TM) concepts on schedule," said Martin Keating, 3DIcon's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are focused on true three-dimensional replications, not 3D simulations. What OU has accomplished should allow us to meet our revenue goals for 2006. We are very excited." The 3D innovations were developed under a sponsored research agreement, a type of contract that is increasingly being employed between universities and corporations. The University of Oklahoma will own the 3D patents, and, under an exclusive licensing agreement, 3DIcon will receive a maximum of 97% of all revenues from worldwide sales. OU and 3DIcon anticipate that public prototype demonstrations will be held in Tulsa this summer. Details will be announced. Utility patents for the first two technologies should be filed before July 1, 2006. It is expected that products employing both technologies will have immediate commercial application in the display marketplace. Keating added, "We believe we're the first to produce high-resolution, full color, 360-degree, genuine 3D images. This is unique. It's revolutionary. It's no simulation." 3DIcon Corporation is a development-stage company whose mission is to create and market full-color, 360-degree person-to-person 3D technology that is both simple and portable. Such a system could revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. or replace all existing forms of electronic communications, including television, telephones, and personal computers. This "next-generation" technology should be well suited for such industries as retail, manufacturing, entertainment, medical, healthcare, and the military. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Any statements contained herein which are not historical facts are considered "forward-looking statements" under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to management. Actual results may vary significantly from these forward-looking statements based on a variety of factors. |
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