LONGUEUIL, QC, June 3 /CNW Telbec/ - D-BOX Technologies Inc. (D-BOX)
(TSX-V: DBO.A) announced today that it has signed a licensing agreement with
another movie studio, Blue Underground, Inc. (Blue Underground). The license
agreement specifically grants Blue Underground the right to embed D-BOX Motion
Code(TM) on selected Blu-ray(TM) titles. By the same token, Blue Underground
confirms that a Blu-ray(TM) version of the 1980 movie "The final countdown"
will be the first D-BOX embedded title it intends to release.
Commenting on the announcement, Mr. Claude Mc Master, president and chief
executive officer of D-BOX technologies stated: "We are very pleased of this
agreement with Blue Underground, as it clearly demonstrates the increasing
acceptance and recognition of our technology. By convincing another studio
such as Blue Underground of the value of partnering with D-BOX, we are on
track to deliver our strategic plan "Becoming a leader in establishing a new
Worldwide standard in the Entertainment Industry", which includes an increased
recognition of our brand and the accelerated penetration of our Motion
technology system in our two main target markets: Home Entertainment which
includes home theatre and video gaming, and movie theatres"
"We are quite impressed by the potential of what we have seen," stated
William Lustig, president of Blue Underground "We really think the unique
features provided by the D-BOX's technology will provide us with an
interesting marketing angle in the re-release of popular movies in the high
definition Blu-ray(TM) format"
D-BOX Technologies designs and manufactures high-technology motion
systems destined mainly for the entertainment industry. Its unique, patented
technology uses D-BOX Motion Code(TM) specifically programmed for each film,
TV program or video game, resulting in motion that is perfectly synchronised
with on-screen action. By forming strong industry alliances, D-BOX's
award-winning motion technology is creating a global standard in the
entertainment world. For more information, please visit www.d-box.com.
D-BOX is a registered trademark and D-BOX Motion Code is a trademark of
D-BOX Technologies Inc. Other names are for informational purposes only and
may be trademarks of their respective owners.
About Blue Underground
BLUE UNDERGROUND'S goal is to bring cool movies to fans all over the
world in beautiful, Criterion-level special editions. They are definitive
discs of some remarkable films, all fully restored, remastered and packed with
the most mind-blowing extras in the business. We look for fun movies to
release, undiscovered films, and films that are really for people that are
into movies. We're committed to bringing these movies out of the dark and back
into your life where they belong! For more information, please visit
Certain statements included herein, including those that express
management's expectations or estimates of our future performance, constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. Investors are cautioned not to put undue
reliance on forward-looking statements. We disclaim any intent or obligation
to update publicly these forward looking statements, whether as a result of
new information, future events or otherwise.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
For further information:
For further information: M. Normand Chartrand, CFO, D-Box Technologies
Inc., (450) 442-3003, extension :258, firstname.lastname@example.org; M. Marc Jasmin,
CMA, President, Jasmin Financial Communications Inc., Investor relations,
(514) 231-2360, email@example.com