Legit Reviews

TULSA, Okla. and ROCHESTER, N.Y., July 18, 2012 (GLOBE NEWSWIRE) --
3DIcon Corporation (OTCBB:TDCP), a developer of volumetric,
three-dimensional display technologies, and Dimension Technologies Inc.
(privately held), a developer of next generation flat screen 3D
displays, today announced that they have signed a non-binding Letter of
Intent outlining the terms and conditions for 3DIcon to acquire
Dimension Technologies.

3DIcon CEO Mark Willner said, "The Dimension Technologies team and
technologies will become the cornerstone of our glasses-free flat
screen 3D strategy and fully complements our patented CSpace(R)
glasses-free volumetric technology. We selected Dimension Technologies
after an extensive review of both current and next generation
glasses-free flat screen 3D display technologies. Their technologies,
patent portfolio, and innovation capabilities will provide us with
another set of significant and sustainable competitive advantages in
the 3D display industry."

Dimension Technologies CEO Arnie Lagergren added, "Being part of 3DIcon
will enable us to get products that incorporate our technology to
market much faster by leveraging the existing display industry
relationships and commercialization expertise of the 3DIcon management
team. In addition, being part of a public company gives us much more
efficient access to capital. Both of these will allow us to focus on
developing higher performance and lower cost flat screen 3D display
technologies that are already on our technology roadmap."

Display industry analyst and 3D display expert, Chris Chinnock,
President of Insight Media, when learning of the proposed transaction,
commented: "The Dimension Technologies 3D displays that I have seen
look much better than the other glasses-free 3D flat screen displays
available today. In addition, since they generate the multiple views
required for 3D using time multiplexing, it is not necessary to use an
expensive 4K native resolution panel (4x HDTV) to achieve high-quality
glasses-free 3D images. I believe that 3DIcon has chosen wisely with
Dimension Technologies. Having known the CEO of 3DIcon, Mark Willner,
for over a decade, I expect that this acquisition is part of a much
larger strategy for 3DIcon." Insight Media is a leading market research
publishing and consulting firm focused on the emerging segments of the
display industry.

The Letter of Intent is not binding on either party and there is no
assurance that the parties will reach a definitive agreement.

About 3DIcon Corporation

3DIcon Corporation is a developer of groundbreaking 3D projection and
display technologies that are designed to produce full color,
high-resolution, 360-degree volumetric images, a development many
consider to be the next step in 3D display technology. CSpace creates
both dense and translucent images for use in mission critical functions
including healthcare, security and defense. CSpace enables viewing
inside organs, cargo containers, and baggage, as well as large-scale
terrain such as oceans and mountains, all of which are beyond the
capabilities of other current display methodologies. The company also
offers a software product, Pixel Precision(R), which targets the R&D
market for developers using Texas Instruments' DLP(R) line of products.
For visualization of CSpace images please visit www.3dicon.net.

The 3DIcon Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7750

About Dimension Technologies Inc.

Dimension Technologies Inc. ("DTI") is a developer of glasses-free flat
screen 3D display technologies and products that are 2D/3D switchable
and do not compromise resolution and brightness to deliver 3D, as do
most other glasses-free flat screen 3D displays. Founded in 1986, DTI
makes and sells glass-free flat screen 3D displays and systems. DTI's
intellectual property portfolio includes 10 patents that have been
granted in multiple countries. DTI and its founders have been inducted
into the NASA's Space Technology Hall of Fame for the successful
development and commercialization of its Virtual Window line of
switchable 2D/3D flat panel displays. DTI has also been included in the
NASA SBIR Hallmarks of Success program. For more information on
Dimension Technologies please visit www.DTI3D.com.