The Perth-based research division of consumer goods technology developer DDD Group has filed a lawsuit in the US alleging that LG Electronics' range of 3D televisions has infringed three of its patents
Perth-based companies CustomVis plc and DDD Group plc, which listed on London's Alternative Investment Market to fund development of new technology, have racked up extra losses in the past year but believe their prospects improved in recent months.
Technology company DDD Group plc has announced plans to raise £1.26 million ($A3 million) through a placement of 11.5 million shares at 11 pence per share.
Having spent 12 years and $US45 million developing its software, technology company DDD Group plc may be on the brink of finally turning a profit for its patient shareholders.