Stream TV was founded in 2009 to pursue new technologies that enhance user entertainment and communications experiences. Stream TV is currently seeking to launch Ultra-D™, a technology which allows TV and tablet manufacturers to convert two dimensional (2D) devices into three dimensional (3D) devices without the need for viewing glasses (3D Auto Stereoscopic Display or 3D ASD). The Company’s technology will allow real time automatic conversion of 2D or 3D content that requires viewing glasses to experience 3D into 3D ASD. Conversion can be either in real time at the home of the end-user by using an automatic converter for live TV, Blu-ray® Disc or gaming system (e.g. X-Box™ or PlayStation®) content, or by the content owner before online/cable/satellite distribution as 3D Video On Demand.
Director comment: “Our investment in Stream TV represents a promising opportunity with the company being able to convert 2D to 3D at the point of the end user viewing or to implement the technology at the point of production of lower cost 2D TV’s. This provides the ability to have 3D but without the glasses and for essentially all your current video content. Most notably the end user can adjust the amount of 3D that’s suits them and the content they are watching. This could represent a significant and valuable market opportunity. We understand that Stream TV have built preproduction samples and are looking to have their first screens to market with converters later this year.”http://www.velatechplc.com/investments/stream-tv/