Freedeo and Volfoni to join forces in a new worldwide strategic alliance

Freedeo and Volfoni to join forces in a new worldwide strategic alliance

Barcelona, Spain, 19th June 2017

Freedeo and Volfoni are pleased to announce today that they have agreed to form a new worldwide strategic alliance. The principal focus of this alliance will be on technology, with a strong collaboration in areas such as:

Research in new breakthrough technologies with unique IP (Intellectual Property)

Development of next generation of high performance products and systems

Reinforcement of manufacturing structures both in Europe and China

As a direct and immediate consequence, the two companies have agreed to fully dismiss all their pending legal litigation in China.

Freedeo and Volfoni believe this event will become a new landmark in the industry. This alliance will also enhance each company's market position, and accelerate the penetration of both companies in the cinema 3D market both in China and the rest of the world.

About Freedeo

Shenzhen Time Waying Technology Ltd. of China develops, manufactures and sells the Freedeo branded cinema 3D system, and has the largest installation base in China. Their high quality and high performance 3D equipment production line is backed by strong IP in China.

About Volfoni

Volfoni, based in Paris, is the largest European 3D system company and a global brand with award winning products like the SmartCrystal Diamond for the Cinema Industry and the Edge VR active glasses for the Virtual Reality Industry.

www.volfoni.com | Contact presse: press@volfoni.com

LINK:	http://volfoni.com/en/freedeo-volfoni-strategic-alliance/...
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