Siemens Mobile Acceleration Invests in French Wireless Start-up Realeyes 3D.Business Editors/High-Tech Writers MUNICH, Germany & PARIS--(BUSINESS WIRE)--June 17, 2003 Siemens Mobile Siemens cellular telephones were mobile phones, produced by Siemens AG. In 2005 the Taiwanese company BenQ acquired the financially bleeding mobile phone subsidiary from Siemens and gained the exclusive right to use Siemens trademark for 5 years. Acceleration today announced its investment in the French start-up company start-up company A new business. Realeyes 3D S.A. which designs, develops and markets advanced image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished software products for mobile communication devices. Realeyes 3D products significantly enhance the functionality of camera-equipped devices, such as camera phones. Realeyes3D develops a new technology that allows users to capture any sort of textual or graphical content with their camera phone. The captured content is being processed automatically and may be used within a large variety of mobile applications, such as messaging or imaging applications. The company has already designed a set of innovative applications for the quickly growing market of camera-equipped mobile phones. Dr. Dietrich Ulmer, 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. of Siemens Mobile Acceleration, underlined: "Realeyes 3D technology enables a new, intuitive way of communication. Their applications are easy and fast to use and enable end-users to personalize per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. their communication. The market entry of this company will be the next milestone in Siemens Mobile Acceleration's successful strategy in broadening the wireless market with new applications that bring clear benefits to the end users and increase the business for operators." Realeyes3D was founded in September 2001 in Paris by Martin Lefebure, an expert within the fields of advanced mathematics and image processing. Since then, the team has been awarded various prizes, such as the ANVAR ANVAR Agence Nationale de Valorisation de la Recherche (France) innovation price in France. After the now finalized See finalization. investment round, the principal shareholders in Realeyes3D are Siemens Mobile Acceleration, T-Source, the telecommunications fund managed by I-Source Gestion, Partech International, and the management team. "In addition to the significant boost that this funding will give us, Siemens Mobile Acceleration's broad wireless experience together with Siemens Mobile's worldwide recognition will considerably help increase Realeyes 3D's market acceptance," said Benoit Bergeret, CEO of Realeyes 3D S.A. "Siemens Mobile Acceleration has already demonstrated their ability to deliver to us very strong technical and business support, such as software integration support and the provision of key contacts within their network. Furthermore, we expect that the access to Siemens mobile sales channels will support our planned worldwide roll-out and allow a faster market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" with our new products". For more information on Realeyes 3D please visit: http://www.realeyes3d.com. For more information on smac please visit: http://www.siemens.com/mobile-acceleration For more information on Siemens Mobile please visit: http://www.siemens-mobile.com |
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