LONGUEUIL, QC, April 11, 2012 /CNW Telbec/ - D-BOX Technologies Inc. (TSX: DBO), a leader in innovative motion technology, and Ambassador Theatres announced today a first agreement to equip ten screens in five theatres for a total of 142 D-BOX MFX Seats to be installed in the coming months.
This agreement marks the first sale of D-BOX MFX Seats in Taiwan and will also generate licensing fees payable to D-BOX in accordance with the systems' use. Taiwan is now one of ten countries to offer the immersive D-BOX experience with several theatres throughout the U.S. and Canada as well as in the U.K., Japan, Germany, Hong Kong, New Zealand, the Netherlands and Austria.
"As we continue to increase our market share worldwide, Asia has become one of our fastest growing regions to date," said President and CEO of D-BOX Technologies, Claude Mc Master. "The addition of Ambassador Theatres in Taiwan supports our ongoing global expansion and wide appeal of our international business model."
"Ambassador Theatres is proud to partner with Canada-based D-BOX and be the first theatres in the country to introduce the experience to moviegoers," stated President of Ambassador Theatres, Joe Chang. "This motion technology is one of the most advanced entertainment technologies to date and our guests are going to thoroughly enjoy it."
For a complete listing of theatres offering the D-BOX experience and a guide to new movies, visit www.d-box.com
About Ambassador Theatres
Ambassador Theatres was founded in 1965 and is a leading cinema group in Taiwan. With over 50 screens in 6 locations, Ambassador Theatres is continuously expanding its national presence. Ambassador Theatres has been at the forefront of providing its customers with the very best technological advances in the cinema industry. Equipped with luxurious seats and cutting edge audio-visual equipment, the company offers digital cinema enhanced with 3D capabilities and Dolby 7.1 surround sound. Ambassador Theatres operates Taiwan's largest movie auditorium at its Ximending location with a 1000+ seating capacity and a screen size of 22 meters by 12 meters. Ambassador Theatres continues its tradition of placing its customers first by providing quality service, new products, and a great movie experience.
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 unmatched 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 respective owners.
For further information:
Vice-President of Marketing
D-BOX Technologies Inc.
450-442-3003 ext. 263
Marc Jasmin CMA, President
Jasmin Financial Communications