Monday, March 19, 2012

3DIcon Corp. (TDCP) Appoints New CEO and Senior Technical Advisor

3DIcon announced today that it has restructured its management team. The company has appointed a new chief executive officer and a new senior technical advisor – both veterans of the display industry who have brought innovative new display technologies to the market.

3DIcon’s current CEO, Sidney Aroesty, has stepped down but will continue providing leadership to the company as a newly elected member of its board of directors.

The 3DIcon board of directors has appointed Mark Willner, a display industry veteran, as the company’s new CEO. Willner brings to the company 30 years of product development, product commercialization, sales, entrepreneurial, and executive experience; he has also held key positions within a number of technology companies, including Wyse Technology and Hewlett-Packard. Willner founded Colorado MicroDisplay, one of the first U.S. companies to successfully make miniature displays used in cameras, camcorders, and other products. He has personally raised more than $60 million in corporate, venture, and mezzanine financing over the course of his career. For the past decade, Willner has been running nFlexion, an internationally based management consulting firm specializing in display technology commercialization.

Appointed as 3DIcon’s new senior technical advisor is Dr. George Melnik, a display technology commercialization veteran who has held positions at General Electric – where he played a key role in pioneering active matrix displays, now used in everything from mobile phones to televisions – and at Phillips Electronics, where he served as the technical lead in developing the first scrolling color rear projection television system.

Brian Hoover, who has been serving as VP of technology for 3DIcon, has resigned to return to Advanced-Optical Technology, Inc., where he will resume his full-time position as president.

3DIcon Corporation is a 3D projection and display technologies developer and additionally offers a software product, Pixel Precision, targeting the R&D market for developers using Texas Instruments’ DLP line of products. For more information, visit the company’s Web site at www.3dicon.net

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