TULSA, Okla., March 19, 2012 (GLOBE NEWSWIRE) -- 3DIcon Corporation
(OTCBB:TDCP), a developer of volumetric, three-dimensional projection
and display technologies, today announced it has restructured its
management team, with the appointments of a new Chief Executive Officer
(CEO) and a new Senior Technical Advisor, both display industry
veterans who have brought new display technologies to market.

Sidney Aroesty, the Company's current CEO, has stepped down and will
continue to provide his leadership and experience in building
successful public companies as a newly-elected member of 3DIcon's Board
of Directors.

3DIcon's Board of Directors has appointed display industry veteran Mark
Willner as CEO. Mr. Willner has 30 years of product development,
product commercialization, sales, entrepreneurial, and executive
experience in the display industry. He has held key positions with a
number of technology companies, including Wyse Technology and
Hewlett-Packard. In addition, Mr. Willner was the founder of Colorado
MicroDisplay, one of the first successful U.S. companies to make the
miniature displays that are used in cameras, camcorders and other
products. Over his career he has personally raised over $60 million in
corporate, venture and mezzanine financing. For the past ten years Mr.
Willner has run nFlexion, an internationally based management
consulting firm specifically focused on display technology
commercialization.

Mr. Aroesty commented, "I believe Mark brings to 3DIcon an experience
in the display field that is unmatched. I am pleased to continue
serving the Company as a Board Member and make way for Mark to lead the
Company into commercial success as he has with many other technology
companies."

Mr. Willner added, "I am looking forward to a direct and active role in
leading the Company's growth. The Company's technology has the
potential to provide key benefits to, among others, data intensive
industries and applications. In order to accelerate our entry into key
3D markets and the development of our next generation prototype, we
have already begun discussions with both potential marketing and
development partners."

Working closely with Mr. Willner and the Company's Chief Technical
Officer (CTO), Dr. Hakki Refai, will be Dr. George Melnik, 3DIcon's new
Senior Technical Advisor. Dr. Melnik has had a long career in display
technology commercialization, including positions at General Electric
where he played a key role in the pioneering of active matrix displays
(now used in everything from mobile phones to televisions) and at
Phillips Electronics, where he was the technical lead in the
development of the first scrolling color rear projection television
system.

"It has been very rewarding seeing CSpace evolve and reach new
milestones. I am pleased to welcome Dr. Melnik to the technical team.
His extensive display engineering and commercialization expertise is a
perfect complement to my scientific background," stated Company CTO,
Dr. Refai.

Dr. Melnik added, "3DIcon's technology team has brought the technology
to a level where we have the highest confidence that the next phase
will be completed in a timely fashion. That will be my main focus in
the immediate and near term."

Brian Hoover, who had been serving as VP of Technology, has resigned to
return to his full time position as President of Advanced-Optical
Technology, Inc.

Co-Chairman of the Board, Mr. Victor Keen commented, "These changes in
management are designed to focus the Company as it continues its
efforts to develop 3D display technology for the current market and the
next generation of products. We continue to develop CSpace, to seek
development partners and to explore potential acquisition targets that
have non-competitive 3D display technology currently in advanced stages
of development or already commercialized and producing revenue."

About CSpace(TM)

CSpace is a unique 3D display that is being designed to produce
high-resolution full-color, true 3D images. The display does not
require special viewing aids or glasses, does not cause viewer fatigue
during prolonged use, and is capable of producing translucent images
for viewing the inside of images, such as human organs, cargo
containers, baggage, ocean or terrain features, or troop carriers, all
of which are beyond the capabilities of other current display
methodologies. CSpace is a pure, static 3D display that doesn't require
mechanical rotational movement and has the potential to generate 3D
images.

About 3DIcon Corporation

3DIcon Corporation is a developer of 3D projection and display
technologies. The company also offers a software product, Pixel
Precision(R), which targets the R&D market for developers using Texas
Instruments' DLP(R) line of products. For additional information please
visit the company's website at www.3dicon.net.

The 3DIcon Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7750

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION ACT OF
1995

With the exception of historical information, the matters discussed in
this news release are forward-looking statements that involve a number
of risks and uncertainties. The actual future results of 3DIcon could
differ significantly from those statements. Factors that could cause
actual results to differ materially include risks and uncertainties
such as the inability to finance the company's operations, inability to
hire and retain qualified personnel, and changes in the general
economic climate. In some cases, you can identify forward-looking
statements by terminology such as "may," "will," "should," "expect,"
"plan," "anticipate," "believe," "estimate," "predict," "potential" or
"continue," the negative of such terms, or other comparable
terminology. These statements are only predictions. Although we believe
that the expectations reflected in the forward-looking statements are
reasonable, such statements should not be regarded as a representation
by 3DIcon, or any other person, that such forward-looking statements
will be achieved. We undertake no duty to update any of the
forward-looking statements, whether as a result of new information,
future events or otherwise. In light of the foregoing, readers are
cautioned not to place undue reliance on such forward-looking
statements.


CONTACT: 3DIcon Corporation
         Judy Keating
         918-494-0509