Liège, Belgium—Dec 18, 2009
Helios and XDC Agree To Deploy 100 Digital Screens In Poland
Helios, a leading exhibitor in Poland, and XDC, the n°1 digital cinema service company in Europe, have agreed on the deployment of digital cinema systems in 100 of Helios screens in Poland.
The agreement between Helios and XDC includes the roll out of DCI-compliant projection systems co-financed by the Virtual Print Fee (VPF) model. Rollout is scheduled to begin in 2010.
Tomasz Jagiello, President of Helios stated "We are very happy that we may participate in the scheme offered by major studios and developed by XDC, leading digital technology provider. Cooperation with XDC will let our company join the group of the most technologically advanced digital cinema network in Europe. Without this help and cooperation, Helios, currently managing 20 digital/3D screens, would not be able to achieve the highest level of quality development so fast. The agreement with XDC is considered by us both as business opportunity as well as honor and recognition of our work.".
Serge Plasch, XDC's Chief Executive Officer said: "It's for XDC a great honour to announce this VPF deal in Poland. Helios is a very dynamic exhibitor in this territory. This agreement demonstrates again that XDC is leading the digital cinema business in Europe. We are still the only company to have agreements with all the 6 Major US studios, including Warner Bros. Moreover, we are the only deploying entity to be able to offer a secured and no-risk financed solution through our agreement with BNP Paribas Fortis via a senior debt of 100 millions Euros."
Under the terms of the agreement with XDC, Helios will exclusively install DCI-compliant digital projection systems. Helios will also implement a fully integrated and networked solution in each complex, thanks to XDC's advanced Theatre Management System and Central Library, the XDC's CineStore® Plaza. A content delivery network will also be implemented by XDC in order to allow distributors to deliver films directly by satellite and/or broadband connection to the cinemas, as well as to give the opportunity to Helios to perform live 2D and 3D transmissions.
All the systems will be connected to the XDC's NOC (Network Operations Centre) which will perform the hotline support and the preventative remote maintenance. Thanks to the sophisticated XDC's CineStore Data web-based application, the frontline support (with the possibility to have a full remote monitoring of the digital systems) will be directly managed by Digital Cinema Polska's technical staff.