Realfiction Holding AB ("Realfiction") announced the signing of a Memorandum of Understanding to form a strategic alliance with OEM LCD display manufacturer and large Realfiction shareholder AmTRAN Technology Co. Ltd. ("AmTRAN"). The purpose is to co-operate on the development of holographic LCD displays based on Realfiction's patent pending ECHO technology.

Realfiction and AmTRAN will now initiate the work of jointly developing certain LCD versions incorporating the ECHO technology. If this development is successful and results in product versions that meet the expectations, the alliance will utilize AmTRAN's manufacturing facilities and allow both companies to sell the products. The agreement includes a revenue sharing model for products sold that ensures revenue to both parties no matter who is the selling part.