First Deal Includes Two Theatres; Dallas, Texas and Slidell, Louisiana
LONGUEUIL, QC, Feb. 23, 2012 /CNW Telbec/ - D-BOX Technologies Inc.
(TSX: DBO), a leader in innovative motion technology, announced today
its first agreement with Southern Theatres, LLC to install 25 D-BOX MFX
Seats in The Amstar 14 in Dallas, Texas and 21 D-BOX MFX seats in The
Grand 16 Slidell in Slidell, La.
"Southern Theatres is one of the top 15 grossing theatre chains in the
U.S. with nearly 300 screens, presenting an excellent opportunity for
our continued expansion," said President and CEO of D-BOX Technologies,
Claude Mc Master. "Given Dallas is one of the top ten largest cities in
the U.S., we are thrilled about this location and the ability to
demonstrate our motion technology on such a considerable scale."
"Incorporating D-BOX motion technology in our theatres is a complement
to our commitment of providing the most state-of-the-art entertainment
experience for our guests," said George Solomon, CEO of Southern
Theatres, LLC. "We're proud to be the first in both of these markets to
offer the new, immersive way to experience the movies and look forward
to introducing D-BOX in March."
For a complete listing of theatres offering the D-BOX experience and a
guide to new movies, visit www.d-box.com.
About Southern Theatres LLC
Southern Theatres, L.L.C., owned and operated by George Solomon, was
formed in May of 2002. George has been in the theatre business with his
family for over 50 years and launched Southern Theatres, L.L.C. to
develop and operate state-of-the art multiplex stadium-seating movie
In April 2005, Veronis Suhler Stevenson (VSS) made a $30 million equity
investment in Southern Theatres, L.L.C. VSS is a private equity and
mezzanine capital fund management company dedicated to investing in
media, communications and information industries in North America and
Southern Theatres, L.L.C. is responsible for the daily operations of The
Grand Theatres and Amstar Cinemas in 20 locations with 292 screens in
Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North
Carolina, South Carolina and Texas. The Company is well positioned for
continued expansion in key markets throughout the Southeast. Southern
Theatres, L.L.C. is proud to be headquartered in New Orleans, LA.
D-BOX Technologies Inc. designs, manufactures and markets cutting-edge
motion systems intended mainly for the entertainment and industrial
simulation industries. This unique and patented technology, the D-BOX
Motion Code, uses motion effects specifically programmed for each
visual content which are sent to a motion system integrated into either
a platform or a seat. The resulting motion is perfectly synchronized
with the on-screen action, thus creating an unparalleled realistic
immersive experience. As of today, many Hollywood studios offer D-BOX
Motion Code on their motion pictures in commercial theatres, on DVDs
and Blu-rays. By reaching agreements with various industry leaders,
D-BOX's award-winning motion technology is gradually proving itself as
a new global standard. D-BOX is a public company whose shares are
traded on the Toronto Stock Exchange under the symbol DBO.
D-BOX® and D-BOX Motion Code® are registered trademarks of D-BOX Technologies Inc. Other names are
for informational purposes only and may be trademarks of their
SOURCE D-BOX TECHNOLOGIES INC.
For further information:
Vice-President of Marketing
D-BOX Technologies Inc.
450-442-3003 ext. 263
Marc Jasmin CMA, President
Jasmin Financial Communications