07:43:30 EDT Wed 30 Jul 2025
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Metavista3D Inc
Symbol DDD
Shares Issued 112,371,149
Close 2024-12-06 C$ 1.88
Market Cap C$ 211,257,760
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Metavista3D enters automotive safety industry

2024-12-06 16:19 ET - News Release

Mr. Jeffrey Carlson reports

METAVISTA3D ANNOUNCES STRATEGIC ENTRY INTO AUTOMOTIVE SAFETY INDUSTRY

Metavista3D Inc. is actively engaging with automotive manufacturers to provide innovation solutions for replacing traditional physical mirrors.

The National Highway Traffic Safety Administration (NHTSA) currently requires cars to have physical mirrors in the United States, however, the automotive industry is seeking to progress into side cameras systems with driver displays to reduce drag, improve efficiency and improve aesthetics. Depth perception is one of the many reasons why NHTSA still prefers traditional mirrors. Metavista3D's super multiview technology provides for enhanced 3-D depth and realism of digital content display, so provides a viable alternative solution.

Metavista3D's super multiview technology solves the problem of "blind spots" when merging or changing lanes while driving, which is a leading cause of motor vehicle accidents. These physical mirror blind spots can be eliminated with Metavista3D's patented technology.

Metavista3D's chief executive officer, Jeff Carlson, stated: "Last month, Metavista3D exhibited our innovative technologies during GITEX 2024 in the Dubai World Trade Centre. Several car manufacturer executives showed great interest in Metavista3D's side mirror camera, rearview monitoring and 3-D instrument panel systems. We have scheduled follow-up meetings with these executives to discuss purchasing, licensing and implementation of our technologies. The company will provide updates on these negotiations with auto safety industry executives and manufacturers in the upcoming weeks."

About Metavista3D Inc.

Metavista3D, through its wholly owned subsidiary, psHolix AG, is a multiaward-winning Swiss research and development company in pseudo-holographic display technologies. PsHolix is focused on developing next-generation artificial-intelligence-based displays for spatial reality without the need for the viewer to wear glasses. PsHolix's technology is protected by more than 20 patents in various jurisdictions, which form the basis for its "naked eye 3-D" system, which is based on a super multiview technology that solves the convergence-accommodation conflict that can cause headaches and eye fatigue when viewing 3-D displays for long periods of time. PsHolix's "stereo base extension" technology provides more image depth. These patents, along with six other patent families, are the fundamental technology and processes applied in its 3-D displays (pseudo-holographic displays), hardware and software that can be used in various direct-to-consumer technologies as well as cross-industry applications such as metaverse, gaming, digital signage, video conferencing, automotive (including digital 3-D mirrors), defence and medical applications.

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