News Releases

ISEE3D CLOSES DEBT SETTLEMENT

Montreal, QC, Canada - July 24, 2009 - Isee3D Inc. ("Isee3D") (TSX-V: ICT) today announced that, further to it's news release of July 15, 2009, Isee3D has settled a total $15,000 in outstanding debt through the issuance of 88,235 shares (the "Settlement Shares") at a deemed price of $0.17 per share to an officer of the Company.

Further to the its news release of May 12, 2009, announcing a first tranche closing (the "Closing") of it's private placement of units, Isee3D reports that it has issued an additional 60,000 common shares (the Finder's Shares") at a deemed price of $0.15 per share in payment of finder's fees for the Closing.

The Settlement Shares and the Finder's Shares will be subject to a hold period of four months and one day from the date of issuance.

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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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