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CinemaCon, Las Vegas—Mar 26, 2014

GDC Technology Announces VPF Deal with CineHoyts in Chile

GDC Technology Limited ("GDC Technology"), a world leading digital cinema solutions provider, is pleased to announce that it has signed a VPF agreement with Cine Hoyts Spa (“CineHoyts”) for its conversion to digital cinema, covering more than 157 screens over 23 theatres, and the deployment of SX-3000 Standalone IMB^® and Portable Storage throughout Chile.

Cine Hoyts, part of Grupo Chilefilms Holding, is a market leader and over time it has established itself as the standard of excellence in the exhibition industry in Chile. Its digital roll out involving the installation and integration of DCI-compliant projection systems began in the first quarter of 2014 and is expected to be completed by August this year.

"After a careful evaluation process, we at CineHoyts decided to use GDC Technology’s digital cinema servers and storage solutions for all our digital installations. The performance and reliability of its products combined with its worldwide VPF operations experience in Asia, North America and Latin America has made this a perfect choice for our move to digital,” said Cristián Varela CEO of Grupo ChileFilms.

“The agreement reflects the commitment of both CineHoyts and GDC Technology to offer audiences a superior way to experience movies,” said Dr. Man-Nang Chong, founder and CEO of GDC Technology. “We have been in the digital cinema industry since year 2000, we understand the challenges of conversion from analog to digital cinema. We are glad to continue providing high quality and transparent VPF services with the state-of-the-art digital cinema equipment to a growing number of LATAM exhibitors from which they can enjoy peace-of-mind in their digital conversion.”

GDC Technology Limited Contacts:

Media Relations:

Tony Adamson

tony.adamson@gdc-tech.com

+1 (214) 686-0491

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

http://www.gdc-tech.com

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About GDC Technology Limited:

GDC Technology Limited (‘GDC’) is a leading digital cinema solutions provider with its manufacturing facility certified with ISO 9001:2015 by SGS. GDC develops, manufactures and sells cinema projector, media server for both projector and LED cinema display, content storage system, cinema enterprise software including theatre management system and advanced cinema automation system for the global cinema industry. GDC is a licensee of the DTS:X^TMobject-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 LED cinema, 3D product, audio equipment, projector lamp, Supra 4.0 high-gain and high-contrast screen, post-production service, Electronic Delivery System (EDS).

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About Grupo Chilefilms: Grupo Chilefilms^® is one of the largest entertainment industry conglomerate in the Latin American region, with local offices in Mexico, Colombia, Brazil, Peru, Argentina and Chile. Its business units covers most of the entertainment industry, mainly focused on sound, image and film post production, digital and film mastering and duplication, front end laboratory operations, home entertainment distribution, theater exhibition, theater content distribution, advertising media, television and advertising production and services, as well as theater’s satellite content distribution, covering Latin America and The Caribbean. With more than 25 years of local and global business experience, Grupo Chilefilms^® has become the preferred supplier and technological partner for major studios and worldwide distributors, given its unsurpassed quality, reliability and world class services. Cine Hoyts^® (Chile) became part of the conglomerate by 2011, and Grupo Chilefilms^® has strengthened Cine Hoyts^® (Chile) as the market leading brand, incorporating the most sophisticated and successful technology of the industry, so as to bring the customer experience to a new level of satisfaction. Grupo Chilefilms Directory page

Tags:

Exhibitor Deals

Source:

GDC Technology Limited (Hong Kong) Grupo Chilefilms (Santiago)

Events:

CinemaCon 2014 (Caesars Palace, Las Vegas)

Countries:

Chile

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	GDC Technology is a leading manufacturer and provider of cinema equipment and solutions including cinema automation systems, cinema servers, cinema enterprise software, cinema storage, cinema audio solutions, and cinema projectors that meet the highly demanding performance, security and reliability requirements established by motion picture studios. GDC Technology Limited Home Page Local Directory Page Recent News