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Cannes—May 11, 2011

Volfoni Speeds Up Development

Volfoni has just completed raising $3 million from the investment fund Turenne Capital.
 
Founded in 2007, Volfoni is a major player in the design, manufacture, and distribution of 3D glasses in Europe. Since 2009, Volfoni has invested heavily in research and development to be able to build its  next generation of products using the latest technology. Volfoni has just completed this round of fundraising to support its commercial and technological development.
 
"The commercial success of our EDGE glasses in the cinema and education markets allowed us to maintain the first phase of our development. The arrival of Turenne Capital helps us rapidly develop new products and services. The year 2011 will be full of new products. We are very proud of this fundraiser and the confidence Turenne Capital has in us,” said Thierry Henkinet, President of Volfoni.
 
Objectives for 2011
While Volfoni originally came to prominence in the rental of 3D glasses for cinemas, and later in the design of 3D glasses and consumer electronics, the company also provides comprehensive services including the integration of 3D systems. This capital will serve to strengthen the group's growth, and expand its international network by strengthening existing teams. Volfoni also  plans to open offices in more countries as well as increase research and development.
 
“Turenne Capital has chosen to invest in Volfoni, as they are well aware of our company's growth and development potential. Volfoni is the only company to offer continuous innovation in the field of 3D cinemas, televisions, and displays. Right now, our R&D team is working on products that will allow us to satisfy everyone in the 3D market, " said Renaud Van Lith, CEO of Volfoni.
 
Volfoni will be present during the Cannes Film Festival at the Village Pantiero – Rendez vous des Exploitants.
 
About Turenne Capital
Turenne Capital is an independent portfolio management company founded in 1999 to provide private equity funding to fast-growing companies. Turenne Capital has built a portfolio of several dozen equity investments representing almost €350M under management and has become one of the main independent player on growth capital and LBO transactions for French small caps. Turenne Capital focuses on five key sectors: manufactured goods, specialist retail, services, medical devices and information technology.
About Volfoni SAS: Since its founding in 2007,Volfoni has grown to become one of the premier companies in 3D cinema, and recently has released on the international market the SmartCrystal™ Diamond 3D cinema projection system, which is powered by its newly engineered Triple Beam technology, that gives 3D movies an extremely bright and clear picture with a light efficiency close to 30%. Volfoni has offices in France, Spain, Germany, the United Kingdom, Hong Kong, India, and Los Angeles, California. Volfoni SAS Directory page
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More Volfoni Press Releases: Sep 24, 2014 Volfoni 3D Wins Prestigious International 3D and Advanced Imaging Society Technology Award Sep 17, 2014 Volfoni 3D Contests the Validity of RealD's Utility Model Patent in Russia Sep 15, 2014 Asia Cinema Installs Volfoni's Smartcrystal™ Diamond as the Official 3D-Technology for Walt Disney Studios and Sony Pictures Releasing’s Shared Showroom in Moscow. Aug 26, 2014 Volfoni Exhibits at China's BIRTV, Confirms Chinese Patent Status Jul 24, 2014 Brazil’s Roxy Cinema Chain Chooses Volfoni as 3D System Provider Jun 17, 2014 U.S. Patent Infringement Lawsuit Against Volfoni Is Dismissed Jun 6, 2014 Volfoni presents SmartCrystal™ Diamond at CineEurope 2014 May 27, 2014 Volfoni at Kinorinok 2014 in Sochi Dec 10, 2013 Harkness Screens Verifies Volfoni’s New Smartcrystal™ Diamond High Light Efficiency Dec 9, 2013 Volfoni Shines Bright – Like A Diamond – at Cineasia 2013 Jun 26, 2013 Volfoni introduces SmartCrystal™ Cinema Dual at CineEurope 2013 May 23, 2013 Volfoni at ShowCanada 2013 Apr 19, 2013 CinemaCon Yields More Growth for Volfoni's Passive 3D System Apr 12, 2013 Volfoni introduces SmartCrystal™ Cinema Horizontal at CinemaCon 2013 Apr 3, 2013 ShowBiz Cinemas Selects Volfoni as its New Digital 3D Cinema Provider Jan 24, 2013 Regency Theatres Selects Volfoni as its Newest Digital 3D Cinema Provider Jan 14, 2013 Volfoni to speak at ISE on 3D Education with EON Reality Dec 11, 2012 Volfoni’s “Surface Switching” Technology Shows the Highest Light Efficiency Among 3D Systems Based on Lcd Polarization Modulators. Nov 12, 2012 “Innovative Global industry Award” for Volfoni at International 3D Fair 2012 Nov 1, 2012 Volfoni Presents Their Passive 3D Theater System at ShowEast 2012 More
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