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MANCHESTER, England—Sep 21, 2005
Digital Projection International Secures Indian Cinema Contract for 500 Projectors
Joint Venture Is Largest Digital Cinema Installation In Asia
igital Projection International (DPI), an Emmy(R) Award-winning manufacturer of high-performance projection systems announced an agreement with UFO Moviez (part of the Valuable Media Group) for the sale and installation of 500, 3-Chip DLP™ projectors in India.
Located in Mumbai, India, Valuable Media is Asia's largest vertically integrated technology solutions company in the areas of media and gaming. UFO Moviez represents this group's first project in the Digital Cinema market. The third partner in this project is The Apollo Group, a leading Indian institution with a diversity of interests including both media and commodity exports. Additionally, The Apollo group is also India's leading gaming service provider.
UFO Moviez CEO and Executive Director Sanjay Gaikwad says, "We identified DPI after detailed research, trials and discussions. The unique selling point of DPI is their dedicated and unrivalled focus on DLP™ projection systems. Their projectors are highly evolved technically, rugged, designed for 24/7 and simply produce the best images that are ideally suited for the very discerning Indian market. It is our faith in Digital Cinema and the technology of our partners that enable us to take such an aggressive financial approach." Sixty-five Cinemas have already been converted in the first two months of the partnership.
DPI's International Sales and Marketing director, Nick Cottiss, says, "Over the last three years, we have been in discussion with many potential partners in India. UFO Moviez simply stood out with a high degree of experience and technical capability. They had been working on this project for some time and the structure of their thoughts, plans and business models led us to have faith and belief that this would be a success. We are very pleased with our Indian distributor, Image Engineering Ltd. to be chosen as the exclusive partner for this project."
Regarded as the largest cinema market in the world, the Indian film industry is leading the rest of the world in terms of the number of films produced and the number of tickets sold annually. The number of films certified for release in 2004 reached a record high of 934, yet India has only approximately 12,900 cinema screens.
With the theatre density at a meager 12.5 theatres per million people, India has the potential to absorb another 20,000 theaters in the short-term and it is exactly this gap that UFO Moviez and Digital Projection International intend to fulfill.
Digital Light Processing and DLP™ are registered trademarks of Texas Instruments.
Emmy(R) is a registered trademark of The Academy of Television Arts and Sciences.
About Digital Projection Ltd.:
DPI manufactures and distributes an extensive line of ultra high- performance 3-chip and single-chip DLP(TM) projection systems. These projectors are the reference standard for demanding applications such as large-venue, live-event staging, fortune 5000, homeland security, education, medical and scientific research, command and control, digital cinema, commercial entertainment, worship and elite home cinema.
Digital Projection Ltd. Directory page
UFO Moviez Limited (www.ufomoviez.com) is the digital cinema venture from the Apollo Group, (www.apollotyres.com) a leading business house of India. With 1000 installations in India, UFO Moviez is the largest networked digital cinema chain in the world. UFO aims to reach a target of 2000 theatres by 2008-09. It is the only company in the world to deliver MPEG - 4 high definition content directly into cinema halls by means of a satellite. The pristine quality of UFO digital cinema coupled with its features of 5.1 Dolby digital surround sound and 192 bit encryption technology that protects the content end to end against all forms of piracy, has endeared UFO Moviez to all - right from the President and Prime Minister of India to the doyens of the Indian film industry. Since November 2005, UFO has released 450 movies in 16 different languages aggregating to more than 530,000 screenings. UFO has presence in 24 States and 590 cities of India.
UFO-Moviez Directory page
Digital Projection Ltd. (Manchester)
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More Digital Projection Ltd. News:
Apr 1, 2004
DLP Cinema™ Projectors By Digital Projection International Chosen for Most Extensive Conversion to Digital Cinema
Mar 20, 2004
Digital Projection International Introduces the World’s Smallest Fully-Integrated DLP Cinema™ Projector
Feb 6, 2004
Digital Projection International Announces the Launch and Delivery of the World's First Integrated and Compact 2K X 1K Resolution DLP Cinema™ Projector
Nov 21, 2003
The World's First Commercial Installation of A DC2k Cinema Projection System in Taiwan
Oct 8, 2003
Projectors By Digital Projection International Chosen - Again - This Time By Dolby Laboratories
Sep 26, 2003
Post Logic Studios Chooses A Digital Cinema Projector By Digital Projection International to Support Digital Intermediate Workflow
Mar 5, 2003
Digital Cinema Providers Group Announces Formation of New Trade Association
Feb 28, 2003
Ballantyne Launches Digital Projection Division Headed By Larry Jacobson
More UFO-Moviez News:
Mar 4, 2008
UFO Moviez Revolutionizes Digital Cinema with over 1000 Theatre Installation
Nov 12, 2007
UFO Moviez Winner of ‘Global Entrepolis @ Singapore Award 2007’
Oct 15, 2007
DG2L Technologies and UFO Moviez digitalize cinemas in Europe
Jun 11, 2007
UFO Moviez bags ‘Innovation award in Indian Cinema’ at IIFA Awards 2007 in Yorkshire
Jul 7, 2006
KRRISH strikes digital gold with the widest ever release on UFO Moviez digital cinema screens
Mar 9, 2006
DG2L and UFO Moviez Reach D-Cinema Milestone
Apr 18, 2005
DG2L Awarded Contract for World's Largest Digital Cinema Deployment Project
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