News Releases

ISEE3D ANNOUNCES PRIVATE PLACEMENT

Montreal, QC, Canada - February 19, 2009 - ISee3D Inc. (TSX-V: ICT) is pleased to announce a private placement of up to 3,333,333 units. The units will be sold at $0.15 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one-half of one warrant. One full warrant will entitle the holder to acquire an additional common share at a price of $0.20 for a period of six months from the closing date.

Proceeds from the placement will be used for general working capital. The securities issued pursuant to the private placement will be subject to a four month hold period and the offering will be subject to the approval of the TSX Venture Exchange.

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About ISee3D
ISee3D is driving the universal adoption of 3D single lens capture – from consumers and Hollywood to health care and military. The company is introducing the first commercially feasible single lens, single camera 3D capture technology. Scalable in size from one mm in diameter to more than 250 mm, the patented technology can be applied across many devices. Through its patented optical switch technologies, ISee3D continues to aggressively pursue the best in 3D innovation to ensure an immersive 3D viewing experience, rather than the traditional two lenses or 2D conversion approaches that are the current standard. The company is headquartered in Vancouver with offices in Toronto.

 

Corporate Contact
Tom Dalrymple, Chief Operating Officer
ISee3D Inc.
Office: 416-848-6353

full news release in PDF

 
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