DALLAS–(BUSINESS WIRE)–Liberated Solutions, Inc. (“LIBE” or the “Company”) (OTC PINK: LIBE) today announced that Ngen Technologies USA Corp has entered into a Memorandum of Understanding with LGE Research group to develop commercial applications using Time-Of-Flight (TOE) 3D sensor modules to include motion recognition and spatial commands for electronic devices such as smart TVs. Ngen Technologies is in the business of research, design and manufacturing of proprietary 3D mobile display module for the smartphone and other telecom OEMs. The 3D module once installed during the MCD or OLED manufacturing stage, allows the display of 3D content without the use of 3D glasses. LGE Research is part of a global electronics company with over $56 Billion is sales and 85,000 employees worldwide.
Dr. Jason Koo, head of research at Ngen stated, “We are very excited to develop the next generation applications using our 3D display platform. With the TOE sensor applications, we will have the ability to map 3D coordinates using laser with wide range of potential use including portable 3D scanners, smart home devices and self-autonomous automobiles.”
Ed Carter, CEO of Liberated Solution Inc states, “With the recent share exchange completed and planned up listing to a senior exchange, we continue to look for innovations and advances in our technology which will assure future revenue stream and profitability.”
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