Stereo Pictures prepares for 3D Explosion

Online, July 22, 2010 (Newswire.com) - Seoul, Korea, July 22, 2010 - Stereo Pictures Korea ( http://www.stereopictures.co.kr ) a, 2D to 3D conversion Technology firm announced that it has received an undisclosed amount of funding from KIP (Korea Investment Partners) one of the largest Venture Capital Group in Korea.

With the proliferation of 3D movie screens, 3D television sets and 3D channels popping up all over the world, the aggregation of 3D content is now a mandate for all content owners and major motion picture studios.

But with only a handful of skilled qualified vendors who understand how to properly convert a 2D content into 3D only intensify the opportunity for Stereo Pictures on a global scale.

With over 20 year experience in developing the highest quality Stereoscopic images using its patented Dynamic 3D technology, Stereo Pictures Korea http://www.stereopictures.co.kr and Stereo Pictures America http://www.stereopictures.com have completed work for Warner Bros., Samsung, LG, Walden Media and 20th Century Fox.

"We are very excited by the quality of the conversions" said Jim Miller, CEO of Stereo Pictures America, and former Warner Bros. President of Worldwide Theatrical Business Operations.

"We agree that 3D is a transformative technology that is going to enhance the viewing experience of movies, sports, concerts and other content, in theaters, at home, and on portable devices."

"There is no doubt that today's 3D technology bears no resemblance to 3D of the past. Today's 3D is just better and our product is exceptional and our process will offer impressive results that will support the conversion of new film and library content."

The injection of new investment from KIP will go into expanding Stereo Pictures operation in U.S. and Asia while optimizing its infrastructure and workflow.

Korea Investment Partners, a subsidiary of Korea Investment Group, is 100% owned by Korea Investment Holdings. One of the leading venture investors in Korea, KIP focuses on developing early stage start-up companies with technology and potential in Korea and overseas. Such effort enabled KIP to successfully bring approximately 40 companies to go IPO in KOSDAQ, the Korean stock exchange.