Dallas, Texas 08/13/2014 (FINANCIALSTRENDS) – Zecotek Photonics (OTCMKTS:ZMSPF) operates in niche virtual reality space or related industries, competing with the likes of Microvision Inc. (NASDAQ:MVIS) and now onwards Next Galaxy Corp (OTCMKTS:WILS), which recently announced its intentions to develop the “CEEK” platform. Next Galaxy is looking forward to offer virtual concerts, business conferences and sporting events through its proprietary social entertainment platform. Next Galaxy is a leading developer of innovative augmented and fully-immersive virtual reality software solutions. The company recently announced a partnership with renowned music producer Willie “Bum Bum” Baker to create a series of virtual reality shows. Mr. Baker is expected to help add top-shelf content to the CEEK platform, leveraging his experience of working with artists like Pink, Beyonce, India Arie and others. The partnership agreement is signed with Mr. Baker’s production company New Revolt.
Next Galaxy’s recent announcement is likely to create more competition for Zecotek Photonics (OTCMKTS:ZMSPF) which is engaged in the commercialization of 3D auto-stereoscopic displays, lasers and other technologies for integration into medical and industrial applications. Registered in Canada and operating headquarter in Singapore, Zecotek Photonics operates in three distinct business segments, 3D Display Systems, Laser Systems and Imaging Systems. The company’s research labs are located in Canada, Singapore, The U.S., Russia and Korea. The company holds more than 50 patented and patent-pending photonic technologies.
Zecotek Photonics (OTCMKTS:ZMSPF) recently announced to complete the initial design for a new data processing module for its proprietary real-time 3D display, which will help bring this patented technology to commercial production. The new configuration will enable the system real-time data transferring for up to ninety views in full HD and allows for more compact and cheaper design. Moreover the new engineering will also allow direct data transfer from existing programs such as AutoCAD. The development will directly support the company’s recent initiative in designing new 3D printers and 3D printer interfaces.