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ShoWest, Las Vegas—Mar 31, 2009

GDC Technology Inks VPF Financing Deal with Walt Disney Studios Motion Pictures International for Exhibitors in Asia

In a move that will accelerate the conversion of cinemas in Asia to digital technology, GDC has reached a non-exclusive agreement with another Hollywood Studio for digital cinema deployment across Asia. 

Under this agreement, Walt Disney Studios Motion Pictures International (“WDSMPI”) will join other major Hollywood studios in committing to supply Asian exhibitors with feature film content digitally, as well as to make financial contributions for a limited period of time towards the hardware cost of DCI-compliant digital cinema equipment deployed by GDC.  Phase 1 of the program covers up to 6,000 screens in various countries throughout Asia.  Along with its current roll-out in China, this milestone signals GDC’s on-going commitment to Asian exhibitors as a trusted partner in digital conversion. GDC is currently setting its sights on a Phase 2 program, which will cover even more Asian countries.
 
The conversion of cinemas in Asia to digital technology will enable exhibitors to reap substantial benefits of digital cinema: high quality non-degradable prints and new programming opportunities, such as premium digital 3D films, alternative content and live satellite events.
 
Anthony Marcoly, president, Sales and Distribution, Walt Disney Studios Motion Pictures International, stated, “GDC’s work on digital cinema throughout Asia is very well known to us and as such makes them an excellent deployment partner. Not only are we happy to support this large-scale pan-Asian rollout for digital cinema, we are also exceptionally excited about the added digital 3D capabilities this deployment will enable. With Disney’s 17 digital 3D motion pictures in the pipeline, we know that audiences are going to love being completely immersed in these great fantasies and adventures.”
  
“GDC is honored to be able to expand our digital offerings in Asia with the addition of the agreement with Disney,” said Dr. Man-Nang CHONG, founder and CEO of GDC Technology. “The Disney agreement added to the previously announced agreements will ensure a good flow of quality content to the Asian digital cinema screens deployed by GDC. The support of Disney offers continued endorsement of GDC and its competency in delivering a pan Asian deployment.”
GDC Technology Limited Contacts:
Media Contact:   Tony Adamson

GDC Technology Limited
Unit 1-7, 20th Floor, Kodak House II, 
39 Healthy Street East, North Point, Hong Kong 
Tel: + 852 2507 9555    Fax:+852 2579 1131
info@gdc-tech.com
Logo: GDC Technology Limited About GDC Technology Limited: GDC Technology Limited is a digital cinema solutions provider. GDC Technology develops, manufactures and sells digital cinema servers, content storage systems, theatre management systems and network operations center software for digital cinema. In addition, GDC Technology is the appointed worldwide certification services agent, with exclusivity in Asia to certify DTS:X immersive sound auditoriums for DTS, Inc. GDC Technology also provides a suite of digital cinema products and services, including integrated projection systems, 3D products, projector lamps and silver screens. GDC Technology’s subsidiary, GDC Digital Cinema Network Limited, manages VPF for approximately 5,000 theater screens and 250 motion picture distributors worldwide. GDC Technology Limited Directory page GDC Technology Limited Web Site
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