ASTRI’s partner organisation Integrated Media Technology Ltd rings in the closing bell with listing at the US Nasdaq Stock Exchange

ASTRI’s partner organisation Integrated Media Technology Ltd rings in the closing bell with listing at the US Nasdaq Stock Exchange

  • Integrated Media Technology Limited (IMT) has received approval from The Nasdaq Stock Market LLC (Nasdaq) to list its ordinary shares on the Nasdaq Capital Market. Using the short-code IMTE, the trading of the company’s stock commenced on 3 August 2017. Dr Herbert Ying Chiu Lee, Chairman of IMT, was invited to ring the Nasdaq Stock Market Closing Bell on 25 August 2017. ASTRI, as a strategic partner of IMT, was invited to witness the special moment. Mr Li Yiu-kei, Senior Director, Advanced Digital Systems of ASTRI and Ms Tina Yang, Director, China Market of Business Development of ASTRI attended the ceremony.

     

    IMT’s investments include a prominent company with whom ASTRI has had a long and fruitful partnership – Marvel Digital. Through its partnership with Marvel Digital, ASTRI’s naked eye 3D technology has been successfully applied into some commercially successful products, such as 3D mosaic walls, 3D phones and 3D flat-panel computer screens. ASTRI has also worked with IMT’s subsidiary company on naked-eye displays that are able to deliver ultra-high-definition 4K video content. Since June 2016, ASTRI and Marvel Digital have pursued the development of advanced 3D technologies for television movies and shows through a Joint R&D Centre. The Joint R&D Centre is supported by a highly capable professional IC design team, pioneering and developing globally marketable integrated circuits design. Dr MeiKei Ieong, Chief Technology Officer of ASTRI, congratulated IMT for their successful listing and hoped that “the two sides will cultivate more innovative initiatives in future, partnering for more meaningful contributions to the industry.”

    Dr Herbert Ying Chiu Lee, Chairman of IMT at the Nasdaq Stock Market Closing Bell ceremony in the US

     

    Mr Li Yiu-kei (2nd from left), Senior Director, Advanced Digital Systems of ASTRI and Ms Tina Yang (1st from left), Director, China Market of Business Development of ASTRI attended the ceremony with fellow guests.