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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
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About GDC Technology Limited:

About Us

Founded in 1999 and headquartered in Hong Kong, GDC Technology Limited (“GDC Technology”) is a leading global digital cinema solutions provider with over 20-year history of first to market innovations.  GDC Technology has the largest installed base of media servers and TMS (“Theatre Management System”) in the Asia-Pacific region and the second-largest globally. One out of three cinemas in the world uses GDC products. GDC Technology holds numerous patents globally, including in USA and China. Today, GDC has presence in 13 offices and 33 local service centers worldwide. 

GDC Technology Limited Directory page GDC Technology Limited Web Site
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

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