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Hong Kong—Jun 16, 2006

GDC Technology Announces the Appointment of New Chief Financial Officer

DC Technology, the leading provider of digital cinema solutions is pleased to announce the appointment of Mr. Kent Chiu as GDC Technology’s new chief financial officer (CFO) with effect from June 1st, 2006. Kent is a chartered accountant who began his career with Deloitte Touche Tohmatsu, Hong Kong, where he advised on numerous financial projects of listed and multinational companies.

“I am excited to join GDC Technology and look forward to helping the company in its next stage of growth”, says Mr. Kent Chiu, CFO of GDC Technology, " I believe GDC Technology is positioned to build on its D-Cinema successes and further leverage its imaging technologies as well as other products and software platform solutions.” Mr. Kent Chiu earned a Degree of Bachelor of Business Administration with Honours, First Class, in The Chinese University of Hong Kong. He is a member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants.

GDC Technology has generated revenues of more than USD10mil since the launch of its line of cinema servers and mastering systems 4 years ago. Today, GDC Technology’s DSR™ server is installed in more cinema theatres than any other servers worldwide. GDC Technology’s servers and mastering systems have been installed in Africa, Asia, Europe and North America.

“It’s the right time to recruit a CFO to oversee our growth given his financial management and capital markets experience,” says Dr Man-Nang CHONG, CEO of GDC Technology, “Kent’s depth of experience working with listed companies will be an invaluable asset in facilitating GDC Technology’s aggressive revenue growth through global deployment of our products and software platform solutions.”

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 (‘GDC’) is a leading digital cinema solutions provider. GDC develops, manufactures and sells media servers, content storage systems, theatre management systems and network operations center software for the global cinema industry. GDC is a licensee of the DTS:X object-based immersive sound technology from DTS, Inc. for the development of its media servers.  In addition, GDC also provides a suite of digital cinema products and services, including integrated projection systems, 3D products, projector lamps and silver screens. GDC Digital Cinema Network Limited, a GDC subsidiary, manages VPF for over 6,300 theatre screens and with more than 650 studios or motion picture distributors worldwide. GDC Technology Limited Directory page GDC Technology Limited Web Site
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