By: AllPennyStocks.com News

Tuesday, August 21, 2012

News headlines are being dominated by a minimal amount of topics today as the summer continues to grind towards the Labor Day holiday which often signals the start of increased trading activity. With little news to report from overseas, Apple (Nasdaq:AAPL) hitting all-time highs as the biggest public company ever (although a downgrade from Oracle Investment reversed the course of the stock and sent it into the red for the day) and the ongoing saga known as Facebook (Nasdaq:FB) are monopolizing the airwaves. The movie industry also garnered some press time as Shrek movie-maker DreamWorks Animation SKG Inc. (Nasdaq:DWA) reported that it entered into a new five-year deal with News Corp.’s (Nasdaq:NWS) Twentieth Century-Fox. According to the deal, DreamWorks will handle foreign and domestic marketing and distribution activities for DreamWorks-produced animated films released from 2013 to 2017. In smaller media and entertainment news, Sensio Technologies Inc. (TSX-Venture:SIO), a leader in bringing 3D video to the consumer, announced an agreement with Big Picture Digital Productions to distribute 3D movies via on-demand rental on 3DGO!. Founded in 1997, Big Picture Digital Productions is a niche producer and distributor for the Giant Screen (IMAX®) film industry; focused on delivering their content to home video and other alternative distribution streams.

Big Picture Digital specializes in working with independent producers and has a client portfolio that contains the likes of Academy Award nominated MacGillivray Freeman Films, The Stephen Low Film Company, K2 Communications, Giant Screen Films, and Sky High Entertainment.

Available in the Fall this year, Sensio’s 3DGO! is the only video-on-demand store dedicated to 3D. The technology uses the award-winning SENSIO® Hi-Fi 3D technology, a unique frame-compatible technology providing high-fidelity stereoscopic images using conventional 2D channels. The program is installed by user’s downloading the application on a connected 3DTV. For a fee, users can then view high-quality 3D titles, such as Hollywood blockbusters and documentaries, in SENSIO®Hi-Fi 3D format on a pay-per-view basis with no additional charges. No subscription is required.

Per the new agreement, Sensio will be able to offer the movie library of Big Picture Digital, which includes: Grand Canyon Adventure and Arabia from MacGillivray Freeman Films, , Ultimate Wave Tahiti, Legends of Flight and Rescue from K2 Communications/Stephen Low Productions; Dinosaurs Alive!, Wild Ocean and Mummies Secrets of the Pharaohs from Giant Screen Films; Ultimate G’s: Zac’s Flying Dream, and Dinosaurs: Giants of Patagonia from Sky High Entertainment. The deal also grants Sensio exclusive Video On Demand (VOD) distribution rights in China, giving Sensio an immediate footprint in the Asian markets upon launch of their product.

“3DGO! is the next big thing in home entertainment, and we are convinced it will prove itself to be the favoured option for 3D VOD," commented Ryan Mullins, CEO at Big Picture Digital Productions.

Sensio is aligning itself for its official launch and has been steadily building its library. Late in July, the company announced a multi-year agreement with National Geographic Cinema Ventures for 3D content that will be accessible for on-demand rental on 3DGO!. A week before that, Sensio reported a licensing agreement with Starz Digital Media the digital and on-demand licensing arm of Starz Media, LLC to make select 3D movies available on its service.

Shares have been reacting positively to the advancements of Sensio’s business model over the last two months. Shares dropped hard in early June to a 52-week low at 19 cents, but have surged back ahead to as high as 39.5 cents in the opening days of July. Consolidating sideways for the last month, shares are up today on the new announcement; trading at 35 cents for a gain of 7.58 percent as the day heads toward a close.

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