C-3D Digital and Planet X Co-produce New 3D TV Series; Extreme Sports Show Puts C-3D Television and 3D.COM Message into Over 20 Million Homes
LOS ANGELES–(BUSINESS WIRE)–Feb. 24, 2000
Chequemate International Inc. (AMEX:DDD), doing business as C-3D Digital Inc., the world’s first 3D television network and 3D Internet media company, and Planet X Studios, a division of Planet XYZ, LLC, announced today an agreement to co-produce a new spin-off television series to be called “Planet X3” (pronounced “Planet X Cubed”).
The deal includes promotional air time which will be used to advertise C-3D Television, Planet X3 and 3D.COM, C-3D’s web portal. The pilot for the series will be shown in 3D in a multi-city tour of college campuses. An ongoing series is planned to follow the initial pilot.
“‘X Cubed’ will put Planet X into the new century of television technology with eye popping visuals of action and extreme sports in true stereoscopic 3D. C-3D Television offers us an exciting opportunity to continue building upon the legacy of the five year Planet X TV series and trademark,” stated Planet XYZ Chief Executive Officer Angelo Ciotti.
Planet X3 will also be packaged as a unique home video and DVD product to be released nationally this summer under a revenue sharing arrangement between the companies.
“Planet X offers us a nationally famous brand in the extreme sports genre to showcase our revolutionary stereoscopic 3D visual technology,” says Brendan Kinkade, Programming Director for C3D Television.
Kinkade further noted, “Planet X’s young audience grew up on computer technology and video games and is a perfect fit for C-3D Television’s core demographic.”
About Planet XYZ
Planet XYZ, based in Encinitas, CA, is comprised of Planet X Studios, which produces extreme sports programming for the cable television market and Planet X World Internet, which hosts complementary web content. Planet X action/lifestyle television first hit the airwaves in 1995 and was broadcast to over 50 million U.S. households on what is now the Fox Sports Network. The show now airs in over 35 million homes in the continental United States plus many other countries. With trend setting content and youthful dialogue, Planet X hits America’s core youth with a powerful programming and marketing formula.
About C-3D Digital
C-3D Digital is a leading innovator, manufacturer and developer of 3D imagery and virtual reality entertainment for television and the Internet. The Company operates several synergistic divisions, including C-3D Television, the world’s first and only broadcast network to offer 24-hour, 7 days a week 3D stereoscopic programming; 3D.COM, its Internet subsidiary, which includes Strata software, and the Hotel Movie Network.
The Company recently formed 3D.COM Virtual Reality Portal(tm), the world’s first 3D virtual reality portal. This multimedia website is set to launch in mid-2000 and will feature streaming video over the Internet, real-time online gaming and e-commerce solutions in stereoscopic 3D. For more information, visit www.3d.com.
This news release may contain forward-looking statements made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the Company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. While management believes such representation to be true and accurate based on the information available to the Company, actual results may differ materially from those described. The Company’s operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in C-3D Digital’s periodic filings with the U.S. Securities and Exchange Commission.
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