LAS VEGAS, March 12 /CNW/ - D-BOX Technologies Inc. (TSX-V: DBO.A)
("D-BOX" or the "Company"), a leading provider of motion technology for the
entertainment industry, today unveiled at ShoWest 2008, a new motion
generation system to be used in commercial theatres.
Featuring the Company's patented D-BOX MOTION CODE(TM) technology, the
new motion system is specifically designed for the commercial theatre market
and should be commercially available within the next 12-18 months. By
expanding its product line, D-BOX is broadening its target market and making
its technology accessible to a larger audience. The Company is actively
reaching out to develop partnerships with theatrical partners that wish to
offer a new and unique experience in their state-of-the-art theatres.
This new Digital-Cinema compatible product developed using the same
technology already available for the home theatre and video gaming markets
will enable moviegoers to live a truly unique entertainment experience. D-BOX
MOTION CODE(TM) technology generates motion effects and intelligent vibrations
that are perfectly synchronized with on-screen action.
"We are confident that this new motion system will allow D-BOX to enter
into a promising new market segment. Studios, movie producers and theatre
operators are constantly looking to increase their revenues by offering value
added and unique experiences," said Claude Mc Master, President and CEO of
D- BOX Technologies. "ShoWest is attended by everyone from the movie theatre
industry and is the perfect platform to unveil our new motion generation
system. It is expected that there will be approximately 12,000 digital movie
theatre screens in the US, which is exactly the market we are targeting with
this new product."
Now in its 34th year, ShoWest is the most prestigious and longest running
event exclusively for the cinema exhibition and distribution community. In
this competitive landscape for market-share, theatre owners and operators need
to know about the latest products and services, the newest technologies,
industry happenings and upcoming films. That's why, every year, over
5,000 motion picture industry professionals make ShoWest their "must-attend"
event. For more information, please visit www.showest.com.
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(TM) is a registered trademark and D-BOX MOTION CODE(TM) is a
trademark of D-BOX Technologies Inc. Other names are for informational
purposes only and may be trademarks of their respective owners.
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. We caution that such forward-looking
statements involve known and unknown risks, uncertainties and other risks that
may cause our actual financial results, performance, or achievements to be
materially different from our estimated future results, performance or
achievements expressed or implied by those forward-looking statements.
Numerous factors could cause actual results to differ materially from those in
the forward-looking statements, including without limitation, our ability to
achieve increased market acceptance for our product offerings and penetrate
new markets; the existence of undetected errors or similar problems in our
products; our ability to manage our growth; our ability to compete
successfully; potential liabilities; maintaining our intellectual property
rights and litigation involving intellectual property rights; our dependence
on the expertise of our key personnel; and our access to sufficient capital to
fund our future requirements. This list is not exhaustive of the factors that
may affect any of our forward-looking statements. Investors are cautioned not
to put undue reliance on forward-looking statements. All subsequent written
and oral forward-looking statements attributable to D-BOX or persons acting on
our behalf are expressly qualified in their entirety by this notice. We
disclaim any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or
otherwise. Risks and uncertainties about our business are more fully discussed
in our Annual Report.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Claude Mc Master, President and CEO, D-BOX
Technologies Inc., (450) 442-3003, ext. 230, firstname.lastname@example.org; Danielle
Ste-Marie, The Equicom Group Inc., (514) 844-6064,