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C-3D Digital acquires Strata

C-3D Digital, Inc. has increased its content capabilities for its 24 hour3D channel by executing a definitive agreement for the acquisition ofsecurity interests in the technology and principle assets of Strata Inc., apremier name in 3D computer graphics. "The acquisition of Strata assets andtechnology has been selected for its strategic fit into the C-3D DigitalInc.'s network of companies for the ability to add eye-popping 3D effects,that Strata is famous for, to our growing content currently shown on the 3Dchannel. In addition, by adding the Strata product line, C-3D Digital willgain one of the best 3D technologies in the industry and tens of thousandsof creative production artists worldwide who rely on their software," saidDoug Stanley, Network General Manager.

As part of the acquisition, Evans and Sutherland exchanged their securityinterest in Strata Corp. for an equity position in C-3D Digital Inc. Theterms of the acquisition were not disclosed. The transaction is subject tothe enforcement of C-3D Digital Inc.'s security interest in the technology.

The Strata 3D tool line has been used for such well known films as"Contact," "The Fifth Element," and "Batman Forever," the 1998 hit computergame MYST, and television shows like the "1998 MTV Movie Awards,""Hercules," "Xena," and websites of Warner Brothers, Blockbuster Video, andNBC. A leader in computer graphics since 1968, E&S develops andmanufactures hardware and software to produce vivid and highly realistic 3Dgraphics and synthetic environments. The company's product offeringsinclude a full range of high-performance visual systems for simulation,training, and virtual reality applications, as well as professionalgraphics accelerator products for MCAD, animation, visualization, andcontent creation on NT workstations. Its workstation and software partnersinclude: Intel, Dell, HP, Gateway 2000, Strata, and Computer Associates.

C-3D Digital, Inc. is an advanced technology-oriented company in thecommunication and entertainment industries. As innovators of 3Dentertainment technology, C-3D Digital is the first television network tooffer exclusive 3D programming to satellite and cable TV subscribers, andgives its customers the ability to convert current 2D content to 3D in realtime.