D-BOX issues common shares to Deluxe Digital Studios



    LONGUEUIL, QC, Aug. 28 /CNW Telbec/ - D-BOX Technologies Inc. (TSX-V:
DBO.A), a leader in innovative Motion Technology for the entertainment
industry, today announced that it has issued 859,051 common shares to Deluxe
Digital Studios, Inc. as a result of the "cashless exercise" by Deluxe of
common share purchase warrants. The issuance of the shares follows approval by
the TSX Venture Exchange of D-BOX's previously-announced amendment to the
terms of the warrants in order to provide for the possibility of "cashless
exercise".
    The 859,051 common shares that were issued to Deluxe are subject to a
contractual two-year hold period. As a result of the issuance of the shares,
there are 103,339,682 common shares of D-BOX issued and outstanding.

    ABOUT D-BOX

    D-BOX Technologies designs and manufactures leading edge high-technology
motion systems mainly suited to the needs of the entertainment industry. With
its unique, patented technology, D-BOX Motion Code(TM) uses motion codes
specifically programmed for each film, TV program or video game, which are
sent to a motion generating system integrated within either a platform or a
seat.
    The resulting motion is perfectly synchronised with all onscreen action,
creating an unmatched realistic, immersive experience. To date, D-BOX Motion
Code(TM) is available on more than 850 titles. Accordingly, many prominent
Hollywood studios have started embedding D-BOX Motion Code(TM) on selected
high definition Blu-ray(TM) releases. By reaching agreements with the leaders
of both the motion picture and gaming industries, D-BOX's award-winning motion
technology is gradually proving itself as a new global standard in the
entertainment world.
    D-BOX is a publicly traded company listed on the TSX Venture Exchange
under the symbol DBO.A. For further information please see www.d-box.com.
D-BOX(R) 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.

    
    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    
    %SEDAR: 00012304EF




For further information:

For further information: Media and general inquiries: Luc Audet, Chief
Financial Officer, D-BOX Technologies Inc., (450) 442-3003, ext. 296,
laudet@d-box.com; www.D-BOX.com; Investor relations: Marc Jasmin CMA, Partner,
Jasmin-Dumais Financial Communications Inc., (514) 231-2360,
marc@comjamais.com

Organization Profile

D-BOX Technologies Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890