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# 1952 Eidophor

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Neuilly-sur-Seine. FR—Feb 18, 2010

UGC and Ymagis Sign A Framework Agreement for the Conversion of 600 Screens to Digital Projection.

The UGC Group has signed an agreement with Ymagis whereby the latter will act as a third-party investor and a third-party VPF collector. The agreement will allow the circuit’s 600 screens to switch to digital within 24 to 36 months, according to a rollout calendar focussing initially on digital projection in 3D, and subsequently on the complete conversion of all theatres.

The agreement will enable the implementation of this technological breakthrough without hindering UGC's investment and innovation capacities. The group’s transition to digital will thus be compatible with the investments required to expand and upgrade the circuit.

In view of various initiatives emanating from the supervisory authority and competitors, and of the adoption by the public of 3D projection, which requires digital projection, the group believes this is the right moment to optimise the conditions of this conversion.

About UGC: UGC is one of the leading European cinema groups, active in France, Belgium, Spain and Italy. It is also one of the major players in European cinema production and distribution.

About Ymagis: Ymagis is one of the main third-party facilitators for digital projection in Europe. The company occupies a leading position in France and is already the partner of operators in Spain, Belgium, Luxembourg and Germany.
Ymagis Contacts:
Pierre Flamant, CFO: 

Julien Bollee: 
Ymagis Web Site:
About Ymagis: Founded in 2007 and managed by professionals from cinema and high-tech industries, Ymagis SA is a leading company in Europe for digital services to the cinema industry. Ymagis, through its offices in 21 countries, provides services to producers, distributors of movies and alternative content, advertising sales agencies and cinema exhibitors. The company’s core business is structured around three main business areas: services to exhibitors (“Exhibitor Services”) and services to producer and distributors (“Content Services”), and finance solutions (“VPF Services”). The services to exhibitors cover sale and installation of equipment for cinemas, maintenance and online support services for digital projection equipment, sale and leasing of 3D glasses. The services to producers and distributors cover post-production of content as well as preparation and distribution of DCPs and KDMs. More information on the company can be found at http://www.ymagis.com Ymagis Directory page Ymagis Web Site About UGC France: UGC Cinemas is Europe’s leading cinema operator with over 90 sites across six countries (UK, Ireland, UGC France Directory page
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