LONGUEUIL, QC, July 15 /CNW Telbec/ - D-BOX Technologies Inc. (DBO.A on the TSX Venture Exchange), a leader in innovative motion technology for the entertainment industry, announces that its Board of Directors has today granted stock options to Claude Mc Master, its President and Chief Executive Officer, in respect of 555,911 common shares. The options were granted under D-Box's Stock Option Plan.
The exercise price of the options is $0.39 per share, equal to the last closing price of D-Box's common shares on the TSX Venture Exchange. The options expire in ten years.
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 effects specifically programmed for each film, TV series or video game, which are sent to a motion generating system integrated within either a platform or a seat. The resulting motion is perfectly synchronized with all onscreen action, creating an unmatched realistic, immersive experience. To date, D-BOX Motion Code(TM) is available on more than 900 titles.
Accordingly, many prominent Hollywood studios have started embedding D-BOX Motion Code(TM) on selected high definition Blu-ray(TM) and theatrical 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(TM) is a trademark of D-BOX Technologies Inc.
"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."
SOURCE D-BOX Technologies Inc.
For further information: For further information: Claude Mc Master, President and Chief Executive Officer, D-BOX Technologies Inc., Tel.: (450) 442-3003; Investor Relations: Marc Jasmin CMA, Partner, Jasmin-Dumais Financial Communications, Tel.: (514) 231-2360, email@example.com