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3D Image Technology Closes Doors,
Another Company Will Process Film!

revised March 30, 2003

3D Image Technology, manufacturers of three lens 3-D cameras and the only source for processing color film shot in cameras bearing the 3D-IT and Kalimar brand closed their doors on March 31, 1999. The company was based in Norcross, Georgia.

Orasee Corporation / i3Dx has stepped into the vacuum left by 3D-IT's closure and now processes film for the hundreds of thousands of consumers who own 3D-IT and Kalimar brand cameras. The company is located in Duluth, Georgia

Orasee Corp. manufactures 3-D lenticular imaging products, optical lens material, 3D interlacing software and services for medical, commercial and amateur photographers. Orasee's i3Dx division is also the sole source for photofinishing for owners of Nimslo and Nishika 3-D cameras. Information about film processing and more can be found on the Orasee Corp. web site. Click on 3D Photos.

Visitors to 3D Image Technology's web site
after March 31, 1999 got the following surprise:
The filing with the Securities and Exchange Commission explains that 3D-IT has ceased operations because of "a consequence of the continuing print material shortage previously announced and the continuing working capital shortage which has plagued the Registrant for more than two years..."

Other enlightening quotes from the SEC filing:
"This action was precipitated in part by levies on the Registrant's bank accounts by the personal property tax authorities of Gwinnett County, Georgia, for unpaid but disputed property taxes for the years 1994 through 1997, and by Eastman Kodak Company, on a judgment obtained against the registrant for the purchase of print material in 1993 and 1994 by the Registrant's former parent company, Image Technology International, Inc."

"Registrant does not anticipate commencing operations again due to the past due liabilities and the inability as a result to raise working capital to continue the business."

"Negotiations are proceeding regarding the possible lease of certain equipment of Registrant and the license or sublicense of the technology under which the Registrant has operated, to a third party.... No date for the completion of any such lease or license arrangement is fixed or capable of estimating."

Our Opinion
We have heard from a source that approximately 400,000 3-lens cameras were sold in the last year by national chain camera and drug stores. Reportedly 150,000 cameras were sold on QVC shopping channel.

We believe these retailers and telemarketers have a moral obligation to inform the buyers of those cameras that film processing is still available through Orasee's i3Dx division. It's the right thing to do!

- Doug Clifford

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Revised March 30, 2003