Inventor of CSpace(TM) and Pixel Precision(TM) Joins 3DIcon as Chief Technology Officer
TULSA, Okla.--(BUSINESS WIRE)--3DIcon Corporation (OTCBB: TDCP - News), a development-stage technology
company, today announced that Dr. Hakki Refai, the researcher whose
discoveries led to the development of CSpace
™
and Pixel Precision
™ under 3DIcon
’s
Sponsored Research Agreement (SRA) at the University of Oklahoma (OU),
will be assuming the position of Chief Technology Officer of 3DIcon
following completion of his obligations at OU. Dr. Refai is expected to
commence his formal duties in the current quarter. As CTO, Dr. Refai
will be charged with the overall technology development of the Company,
overseeing the ongoing development of 3DIcon
’s
portfolio of technologies at OU, which will continue under the SRA, as
well as working closely with commercial and governmental licensing
partners in the impending commercialization and marketing of 3DIcon's
technologies.
Dr. Refai is an award-winning scientist who has served as the Senior
Research Scientist in the School of Electrical and Computer Engineering
at the University of Oklahoma. He received his Bachelor of Science
degree in electrical engineering in 1992 from Aleppo University, Syria,
and his M.S. and Ph.D. degrees in electrical and computer engineering in
2002 and 2005, respectively, from the University of Oklahoma.
Dr. Refai has authored or coauthored many journal and conference
publications and has served on the program committee of two leading
international conferences. Prior to his scientific endeavors, Dr. Refai
built and operated a successful international electronics business.
“We have been hugely impressed with what Hakki
Refai has developed for 3DIcon at OU, including our flagship 3D
technology CSpace™ and our first
revenue-producing product, Pixel Precision™,”
said Martin Keating, 3DIcon’s chairman and
CEO. “His joining our team as CTO is a
testament to our mutual confidence in the upcoming commercialization of
the technologies that he has spearheaded.”
Vivek Bhaman, 3DIcon president, added, “As we
start to build potential licensing and development partnerships for our
3D technologies, having Dr. Refai’s expertise
in-house will greatly enhance our ability to move the scientific and
commercial efforts forward at an accelerated pace. Furthermore, as the
inventor of our key 3D technology, CSpace™,
Dr. Refai is the best person to direct and drive the integration of
CSpace™ technology into industry and
product-specific 3D applications.”
“I am excited and very pleased to be coming
on board with 3DIcon at a momentous time in the transfer of these
technologies from the lab to the commercial marketplace,”
stated Dr. Refai. “It is my goal to advance
and deliver critical milestones that will drive the advancement and
commercialization of our technologies in the emerging 3D industry.”
Dr. Jim Sluss, principal investigator for 3DIcon's SRA at the University
of Oklahoma, commented, “One of the most
fulfilling parts of my job is to see fine young people like Hakki move
on to technology leadership roles. I am thrilled that he is getting such
an opportunity with 3DIcon! At OU we are very proud of producing
top-notch scientific talent who are in demand from corporate America.
Fostering such creative people and supporting their transfer between
academia and private enterprise is in fact one of our top priorities. We
congratulate Dr. Refai and look forward to our continued work on
3DIcon's groundbreaking 3D technologies here at OU.”
Pending wrap-up of his obligations at OU, Dr. Refai will be joining
3DIcon with an employment agreement which includes equity-based
compensation and incentives that are subject to his meeting key
technology milestones, including the creation of a fully operational
prototype as well as integration with industry applications.
About 3DIcon Corporation
3DIcon Corporation (the “Company”)
is a developer of groundbreaking 3D projection and display technologies
that are being designed to produce full color, 360°
volumetric images. The Company recently launched its first product,
Pixel Precision™, a software product that
targets the R&D market for developers using Texas Instruments' DLP line
of products. Through its sponsored research agreement with the
University of Oklahoma, 3DIcon owns the exclusive worldwide marketing
rights to all 3D intellectual properties developed or under development
under the SRA.
Safe Harbor Statement under the Private Securities Litigation Act Of
1995
With the exception of historical information, the matters discussed in
this news release are forward-looking statements that involve a number
of risks and uncertainties. The actual future results of 3DIcon could
differ significantly from those statements. Factors that could cause
actual results to differ materially include risks and uncertainties such
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any other person, that such forward-looking statements will be achieved.
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reliance on such forward-looking statements.
