Australian technology company, Panorama Synergy Limited (PSY) is pleased to announce that the Company has agreed with the University of Western Australia (UWA) to share the commercial rights to a new optical invention. The new invention is the subject of three new patents.
Panorama Synergy Limited (PSY) is developing and commercialising a breakthrough in photonics that the Company believes has multiple applications for Entertainment, Education, Heath Care and Telecommunications. High Definition 3D cinema projection is the initial target. The Company believes its proprietary solid-state, light switching technology or Magneto photonic Crystal (MPC) will have significant performance and commercial advantages over current legacy technology, the digital light processing chip that has served the market for over twenty years. With ultra high speed combined with low power consumption and heat output, the Company believes its MPC will significantly enhance performance and user experience in display technologies while reducing costs for the distribution and display of 2D and 3D content. Panorama Synergy has a solid foundation of development over five years that has resulted in a proven, patent protected, leading-edge technology which provides substantial benefits for prospective commercial partners.