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  • KIT digital Inc., (KITD) Joins Imcube Labs and Celvision Technologies Ltd. To Manage 3D Video Delivery over IP 0 comments
    Aug 26, 2011 2:06 PM | about stocks: KITD
    KIT digital Inc. (OTC:KITD), a company that, along with its subsidiaries, provides cloud-based video management solutions for multi-screen delivery worldwide, has announced that it has joined Celvision Technologies Ltd., a Chinese titan in 2D and 3D conversion services, and imcube labs, a worldwide leader in 2D and 3D conversion software technology, to co-develop an end-to-end solution that brings together content services and platform technology to allow any media company, network operator, device manufacturer, or enterprise to produce, manage and deliver 3D video over Internet Protocol (NYSE:IP) over many screens.
    The combined offering will help leverage Celvision’s and imcube’s industry-leading content services expertise and software to allow any content to be converted into 3D. Once the content is converted to 3D,it will be taken into KIT digitals’ video asset management platform, where clients will be able to manage and deliver the 3D video to connected televisions and other screens with 3D capabilities. This solution will also enable customers to access existing 3D content libraries for distribution and licensing purposes.
    “By combining Celvision’s high quality and efficient conversion services with imcube’s leading conversion software technology and KIT digital’s cloud-based video asset management platform, we will be able to offer our global customer base a complete packaged solution for premium 3D video content delivery over IP,” said Steve Chung, KIT digital’s managing director for Asia-Pacific. “During this exciting new era of growth for 3Dcontent, our co-developed one-stop shop solution will allow content owners to reach and engage audiences anywhere, anytime.”
    Petr Stransky, the head of content services for KIT digital, commented: “With KIT digital’s global customer base owning or having OTT distribution rights for a significant portion of the world’s top premium content, we expect this collaboration to open avenues for more compelling 3D content to be produced globally.”
    Leo Ze, managing partner of Celvision, added, “We are still at the early stages of development in this industry and there are technology challenges to overcome; we are confident that our partnership with KIT digital and imcube will yield several industry firsts in this fast growing sector. Celvision works with top content producers and global partners to convert feature films and premium content into 3D, and this extended offering will provide our customers with a more robust and flexible solution to reach a growing number of connected devices.”
    Celvision and imcube concurrently announced that they have joined the Asia Video Convergence Alliance (AVCA), a new industry alliance that is chaired with KIT digital and formed to help drive standards-setting and innovation within Asia’s expanding multi-billion dollar next-generation video technology industry. Through AVCA, Celvision and imcube will aid in bringing more focus and resources to 3D production in the Asia-Pacific region.
    Get more information on Celvision Technologies Ltd. at their website: celvision.com.
    Find out more about imcube labs at their company website: imcube.com
    Get more information on KIT digital, Inc. and their future endeavors at www.kitd.com
    Please see disclaimer on the MissionIR website www.missionir.com/disclaimer.html 
    Stocks: KITD
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