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Kortrijk, Belgium—Dec 20, 2006
Barco achieves 1000th Digital Cinema projector milestone
Barco is delighted to announce that it has reached its 1000th 2K Digital Cinema projector milestone further reinforcing its position as a worldwide industry leader in the Digital Cinema Market. Barco now holds more than 55% market share in Europe and 65% in the Asian Pacific region and is currently enjoying, in the US, its fastest growth of any single region. The digital cinema revolution has truly begun and in order to meet the expected upsurge in demand, Barco is increasing its capacity from the current 300 units a month to 500 a month in 2007.
Nancy Fares, Business Manager, DLP Cinema® Texas Instruments stated, “Texas Instruments has developed the digital projection technology that is making the transition to digital cinema possible, practical and enjoyable for cinema goers. With regard to this news from Barco, we are especially proud to be working with Barco as a well recognized world leader in the field of Digital Cinema. The DLP Cinema team congratulates them on achieving this significant milestone and looks forward to working with them in the future.”
Stephan Paridaen, President of Barco’s Media and Entertainment division stated, “1000 Barco 2K Digital Cinema projectors are now in the market place and we are very proud of this achievement. I would like to thank our customers for their loyalty and support during these early stages of this relatively new and exciting industry.” He continued, “The digital revolution is now truly underway and we can all look forward to enjoying the experience of Digital Cinema the world over, thanks to a great extent to Barco and TI.”
The pioneering DLP Cinema® technology from Texas Instruments, which is used in all of Barco’s 2K Digital Cinema projectors, ensures perfect re-production of film, time and time again, and ensures that movie goers enjoy the highest quality film experience with consistent picture brightness, contrast and vibrant colors. Barco holds one of only three exclusive licenses of TI’s DLP Cinema® technology.
Barco Contacts:
Johanna C. Ocampo
Corporate Marketing
Public Relations North America
Dir: 916.273.5301
Fax: 916.859.2515
johanna.ocampo@barco.com
About Barco Digital Cinema:
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (Euronext Brussels: BAR) is active in more than 90 countries with about 3800 employees worldwide. Barco posted sales of euro 751 million in 2006.
Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
Barco Digital Cinema Directory page
Barco Digital Cinema Web Site
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