Realficon Hololding AB announced positive results from the ECHO backplane feasibility study, which was announced in November 2020. The simplified ECHO fabrication approach pre-validated during the study aims for easier integration, a slimmer form factor and even lower manufacturing costs for both the LCD and OLED version of the ECHO 3D holographic display. The positive results were produced in a feasibility study by Realfiction's development team with important contribution from Aalborg University, Denmark, and other collaboration partners. The Company will now focus on the second step of the completion phase: finalizing the remaining subprojects of the ECHO integration license package no later than the end of first quarter, 2022. This will be done in collaboration with leading European research institutes and facilities. The ECHO integration license package is expected to include specification of components, illustrations and diagrams needed for a multi-user ECHO display. The remaining part of the completion phase will take 11-14 months, upon which the license package shall enable mass production of full-sized, high resolution multi-user ECHO 3D holographic display products at a price point affordable for a broad consumer base after scaling the production to meet the expected global demand.