Seeing machines sees shares soar

18th Jul 2011 09:43

Shares in technology firm Seeing Machines jumped 25% on Monday after it trumpeted the arrival of the world's first 3D laptop that requires no special glasses for watching movies or playing games in 3D.Seeing Machines' said its faceAPI technology was a key technological component in the glasses-free 3D capability, allowing the laptop's built-in webcam to track the viewer's eye position.The firm will receive a royalty for every unit of the Toshiba Qosmio F750 laptop that is sold.Ken Kroeger, chief executive of Seeing Machines, said this was only the beginning of a "new era in glasses-free 3D"."We believe this launch is the first of many and will provide strong impetus for growth of the faceAPI business particularly in the consumer electronics market," he said.Kroeger said that his firm's collaboration with 3D technology firm SuperD was being looked at closely by global players in the portable and tablet device market.