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.”