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# 1939 RCA

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Paris (France), Liège (Belgium)—Jun 22, 2015

Ymagis Group Signs New VPF Deals in Turkey and Announces Deployment of its Melody TMS Solution

Ymagis Group (ISIN: FR0011471291, TICKER: MAGIS), the European specialist in digital technologies for the motion picture industry, today announced that it has signed new VPF(1) agreements under the third-party collector financing model with six major Turkish cinema exhibitor chains. The deals represent 409 screens in 50 cinema sites operated by Turkey’s Avsar Sinema, Cinemarine, Cinens Sinemalari, Prestige Cinema, Aksin Sinemari and Torunlar/Cinetech.
 
A vast majority of the exhibitors has also opted to purchase the Melody TMS (Theatre Management System) software solution developed by Ymagis Group. The Melody TMS, which allows exhibitors to oversee the programming of their auditoriums and fully automate their projection booths, will equip 280 screens and more, across Turkey this year.
 
"Following the establishment in January 2014 of our subsidiary dcinex TR Sinema Ekipmanlari Ticaret Ltd. Sirketi headed by Cengiz Cilek, we have now taken a giant step forward in Turkey,” explained Ymagis’ Chief Executive Officer and co-Founder Jean Mizrahi. "With these new contracts, our Group has a very solid base upon which to build and grow our activities in a territory known for its tremendous potential. I particularly wish to acknowledge the assistance of SISAY, the Turkish association of movie exhibitors, which counts each of these new clients as members. It is thanks to the efforts of its president, Cenk Sezgin, that we have seen such outcome from our discussions while maintaining the industry’s common interests.”
 
"With 2,250 screens, 400 sites, 150 exhibitors and 20 film distribution companies, the Turkish motion picture industry is one of the most dynamic and important in Eastern Europe,” added Cenk Sezgin, president of SISAY. "The conclusion of these VPF agreements with Ymagis Group is without question our greatest achievement this year. Thanks to all the hard work by Jean’s and Cengiz’s respective teams, a large number of cinemas in Turkey will now benefit from the VPF financing model.”
 
The VPF agreements in Turkey will be effective through December 31, 2018. They are expected to contribute to Ymagis Group’s financial results as of this year, and confirm the Group’s position as a European leader in finance solutions for movie exhibitors with a total of 6,401 screens.
 
According to the European Audiovisual Observatory, the Turkish marketplace is currently seeing significant growth in attendance, up 21.8% in 2014 to 61.4 million from 50.4 million the prior year.
 
Ymagis Contacts:
Pierre Flamant, CFO: 

Julien Bollee: 
Ymagis Web Site:
Logo: Ymagis & CinemaNext About Ymagis & CinemaNext: CinemaNext is the Ymagis Group’s business unit dedicated to exhibitor services. Founded in 2007 and managed by professionals from the motion picture and high-tech industries, Ymagis Group is a European leader in advanced digital technology services for the cinema industry.Through CinemaNext and Eclair, the Group provides smart and comprehensive solutions to movie exhibitors, distributors (feature films & event cinema), producers, right-holders, cinema/TV advertising networks, rights holders, broadcasters, VOD/S-VOD platform operators and video publishers. Over the years, Ymagis Group has significantly grown its portfolio of solutions & services and further developed its geographic footprint in Europe with permanent offices in 20 countries. The company’s core business is structured around three main units: CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC and consulting), Eclair (content services: post-production, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation) and Ymagis (VPF & financial services). As of 31 December 2015, more than 7,000 cinema screens have been installed internationally by CinemaNext engineers and currently avail of service contracts. Eclair is the only provider with a pan-European content delivery service (via broadband or satellite) thanks to its network of 3,300 connected cinema sites. A publicly-traded company listed on Euronext, Ymagis Group is headquartered in Paris (France) and counts close to 700 employees. Ymagis & CinemaNext Directory page Ymagis & CinemaNext Web Site
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