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ShoWest, Las Vegas—Mar 18, 2010

GDC Announces the Deployment of 100 Digital Cinema Servers for Zhe Jiang Time Circuit – the 7th largest in China

GDC Technology (“GDC”), a world leading digital cinema solution provider, is pleased to announce that it has signed a server deployment contract with Zhe Jiang Time Cinema, the seventh largest exhibitor in China (according to 2008 published box-office collection). 

The contract will see the deployment of 100 units of GDC SA-2100A server starting from January 2010. To date about 20 servers have already been installed and it is expected that full deployment will be completed by end 2010.
 
Zhe Jiang based Time Cinema has a humble beginning as a provincial cinema operator dated back to 1950. It has since grown to become an inter-provincial cinema chain and as at 2008, it has 65 theatres under its wing with 207 screens and over 50,000 seats. With annual box-office takings of 161 million Yuan, Time Cinema has also climbed up the rankings to become the 7th largest cinema chain operator in China. “As the company who has installed the highest number of servers in China, GDC is a respected name in the industry whose quality products and professional service have clearly set itself apart from others,” said JinTian Zheng, Technology Manager of Zhe Jiang Time Circuit. “It also came to our notice that GDC’s range of products offers customers a smooth upgrade path so that their technology investment will not go obsolete. All in all, GDC’s offer is one that meets most of our technical needs and at the same time offers us that extra bit of security that comes together with an established brand name; we know we are in safe hands working with GDC.”
 
“Ten years in China and more than a thousand of installations in the country have put GDC in a unique position to fully understand the market here,” said Dr Man-Nang CHONG, founder and CEO of GDC Technology. “Our wealth of knowledge and in-depth understanding of the China market allow us to offer our customers here solutions that truly address their business needs in addition to their technical needs. This contract is another vote of confidence from a prominent Chinese exhibitor and will surely further consolidate our number one position in the country; we are thankful for the support from all who have opted for GDC and will strive even harder to bring the best in digital cinema to our customers in China.”
GDC HK Contacts: GDC Technology Limited
Unit 1-7, 20th Floor,
Kodak House II,
39 Healthy Street East,
North Point, Hong Kong

Tel: +852 2523 6851
Fax:+852 2579 1131

info@gdc-tech.com
http://www.gdc-tech.com
GDC Web Site:
About GDC Technology Limited: GDC Technology (“GDC”) is a subsidiary of a Hong Kong publicly listed company - Global Digital Creations Holdings Limited. As one of the leading global solution providers for digital cinema, media delivery and display markets, GDC has successfully delivered and installed digital cinema servers and advanced digital signage systems worldwide. GDC is currently the largest supplier of cinema servers throughout Asia and the second largest provider of cinema servers worldwide, serving its customers through offices in the US, Singapore, Hong Kong and China. GDC also holds Virtual Print Fee (“VPF”) agreements with major US studios and acts as a third-party for major deployments of digital cinema systems in Asia. GDC Technology Limited Directory page GDC Technology Limited Web Site About Zhejiang Time Cinema World Co., Ltd: Zhejiang Film Co., Ltd. has seven wholly-owned subsidiaries, three held subsidiaries and seven joint-stock subsidiaries, and is a comprehensive cultural industrial companies with integrated film & television production, cinema operation, chain operation and cultural creative production. 

Under the umbrella of Zhejiang Film, Zhejiang Time Cinema World Co., Ltd, is an inter-provincial cinema chain named “Zhejiang Time”, running film distribution business in and outside Zhejiang Province. Zhejiang Time Cinema is the leader in the province, accounting for 64% of the market, while expands its business to other regions including Shanghai, Jiangxi and Anhui. By the end of 2008, Time Cinema had owned a total of 65 signed cinemas, 207 screens and 51,635 seats. It was the number seven largest cinema across China in terms of overall strength with an annual box office up to RMB161 million.
Zhejiang Time Cinema World Co., Ltd Directory page
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