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Paris—May 11, 2010

Ymagis and UGC Sign Agreement for the Deployment of Digital Projection Systems

Ymagis and UGC signed today their final agreement for the deployment of digital projection systems in all the complexes of the group.  The deployment, which started in March 2010 in the four countries where UGC operates cinemas (France, Belgium, Spain and Italy), will continue in the coming weeks.

Simultaneously, Ymagis has concluded the financing for the entire digitization of the 588 screens of the group. A bank syndicate lead by the Banque Populaire Group (Bred, Natixis Lease / Lease Expansion) together with LCL-Crédit Agricole, will finance most of the transaction, with Banque Palatine providing an additional credit line to Ymagis to complete the whole financing. This financing plan is the most important so far in Europe for a single digital deployment plan.

With this agreement, and taking into account other agreements signed previously, Ymagis becomes the leading deploying entity in France, and a major player in Europe. Ymagis has now contracts with more than 840 screens in France, representing more than 25% of the total French box office, and 1,150 screens in Europe including also Spain, Belgium, Germany and Italy.

Ymagis Contacts:
Jean-Marie DURA
Managing Director Ymagis Group
Tel : +33 (0) 1 79 97 78 67
Email : investisseurs@ymagis.com


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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