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OMAHA, Neb.—Oct 4, 2007
Ballantyne to Provide 24 NEC Digital Projectors Equipped with REAL D 3-D Technology to Regal for October 19th Launch of ''The Nightmare Before Christmas'' in Disney Digital 3-D
Ballantyne of Omaha, Inc. (Amex: BTN), a motion picture projection, digital cinema and specialty lighting equipment and services provider, announced today that its Strong Digital Systems (SDS) division will provide 24 NEC STARUS(TM) NC2500S Digital Cinema projectors with REAL D 3-D technology to Regal Entertainment Group (NYSE: RGC). The 24 projectors will be shipped in time for the October 19th release of Walt Disney Pictures' animated feature film The Nightmare Before Christmas in Disney Digital 3-D. Financial terms of the agreements were not disclosed.
17,000-lumen Digital Cinema Projector
Digital Link II, LLC, a separate entity formed and co-financed by REAL D and Ballantyne, will fund the projector purchases. Digital Link is in discussions regarding securing per-film virtual print fees from feature film distributors - for both 3-D and non-3-D features - in order to reduce Digital Link's and the licensee's ultimate capital investment.
John P. Wilmers, President and Chief Executive Officer of Ballantyne, commented, "We are pleased to extend our partnership with REAL D to deliver state of the art 3-D digital projection solutions to our longstanding customer, Regal Entertainment Group. The NEC STARUS digital projection system, combined with the REAL D 3-D digital 3-D solution, creates a memorable theater experience for Regal's customers.
"The sale underscores Regal's commitment to state-of-the-art digital cinema projection systems, as Regal is also opening its Regal Fiesta 12 screen complex in Henderson, Nevada on October 12th. The Henderson complex, Regal's first all-digital installation, is equipped with NEC digital projectors provided by Ballantyne. The dawn of digital projection is clearly upon us, and we continue to work closely with Real D and our customers to provide top quality solutions that expand our market penetration."
RealD (NYSE: RLD) is a leading global licensor of 3D technologies. RealD's extensive intellectual property portfolio is used in applications that enable a premium 3D viewing experience in the theater, the home and elsewhere. RealD licenses its RealD Cinema Systems to motion picture exhibitors that show 3D motion pictures and alternative 3D content. RealD also provides its RealD Display, active and passive eyewear, and RealD Format technologies to consumer electronics manufacturers and content producers and distributors to enable the delivery and viewing of 3D content. RealD's cutting-edge 3D technologies have been used for applications such as piloting the Mars Rover. RealD was founded in 2003 and has offices in Beverly Hills, California; Boulder, Colorado; London, United Kingdom; Shanghai, China; Hong Kong; and Tokyo, Japan.
RealD Directory page
About Ballantyne Strong Inc.:
Ballantyne Strong Inc. is a provider of digital cinema projection equipment, screens and services as well as specialty lighting equipment. The Company supplies major and independent theater chains, top arenas, theme parks and architectural sites around the world. Ballantyne Strong is a value added reseller of major brands that include BARCO, NEC, Doremi, GDC, USL, Dolby and QSC. Excellent products coupled with Strong Technical Services providing installation, integration, NOC (Network Operation Center) and field service. Ballantyne Strong Inc.is a true turn-key provider for sales and service to cinema chains of all sizes.
Ballantyne Strong Inc. Directory page
About Regal Entertainment Group:
Regal Entertainment Group (NYSE: RGC) operates one of the largest and most geographically diverse theatre circuits in the United States, consisting of 7,307 screens in 564 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia as of June 30, 2016. The Company operates theatres in 46 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company’s theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.
Regal Entertainment Group Directory page
More Ballantyne Strong Inc. Press Releases:
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Strong|MDI Introduces PREMIUM HGA 1.9 Screens, Providing Wider Viewing Angles and Improved Contrast and Clarity
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Dec 12, 2012
‘The Hobbit: An Unexpected Journey’ World Premiere Viewed on Ballantyne Strong’s Unique Customized 3D Silver Cinema Screen
Nov 9, 2012
Ballantyne Strong Secures New Digital Cinema Deployment Agreement from Caribbean Cinemas for 238 Projection Systems, Partnering With Barco and GDC
Jan 4, 2012
Ballantyne Strong Initiates Strategic Refocus on Global Growth Opportunities in Digital Products and Services Markets, Divesting Domestic Manufacturing Assets
Oct 21, 2011
Ballantyne Expands Digital Cinema Offerings with Addition of Barco Projection Systems
Oct 12, 2011
Ballantyne Strong Begins Shipping 144 NEC Digital Cinema Projection Systems to Wehrenberg Theatres
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