3DIcon Retains Concordia Financial Group to Lead Funding for New Digital 3D Technology.TULSA, Okla. -- Philadelphia Investment Banking Firm to Direct Financing direct financing The raising of funds without using an intermediary. For example, a firm may decide to save an underwriter's fee by offering new securities directly to investors. of Holographic See holographic storage. "Breakthrough" Being Developed by 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. ; Marketing Set to Begin in 2006 3DIcon Corporation (Pink Sheets:TDCP TDCP Tourism Development Corporation of Punjab (Pakistan) ), a communications development company, announced today that it has retained Concordia Financial Group of Philadelphia to arrange and manage the next stage of funding for 3DIcon's revolutionary holographic technology being developed by the University of Oklahoma. Financial terms were not disclosed. "Concordia shares our vision and is eminently qualified to help make it happen," said 3DIcon 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. Martin Keating. "OU has created an exciting breakthrough in digital three-dimensional communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry which we expect to begin marketing next year." Concordia Financial Group is a private investment banking firm providing merger and acquisition and corporate finance services to a diverse group of clients for transactions ranging in value from $3 million to $100 million. At today's announcement, Concordia's managing director Kenneth Evans added, "We believe that 3DIcon and the University of Oklahoma could indeed change the way the world communicates. It's a unique opportunity for us." 3DIcon Corporation is a development-stage company whose mission is to create and market full-color, 360-degree person-to-person holographic technology that is both simple and portable. Such a system could revolutionize or replace all existing forms of electronic communications, including television, telephones, and personal computers. This "next-generation" technology should be well suited to such industries as construction, transportation, healthcare, education, entertainment, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and the military. Forward-Looking Statements This news release contains forward-looking statements made in reliance upon the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The 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 them. 3DIcon has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion