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Beijing, China—Jun 27, 2006

Barco and Dadi Digital Cinemas sign historic agreement for large scale digital cinema deployment in China

Digital cinema pioneer Barco and Guangdong Dadi Digital Cinema China Ltd. today signed a historic agreement to roll out digital cinema across Guangdong province in China. Dadi digital cinemas will deploy up to 300 digital projectors, of which 100 are ordered today and will be installed over the next 18 months. Guangdong Dadi Digital Cinema Chain Ltd. is a full subsidiary of Sino-I, a Hong Kong listed company, which is active in several IT related businesses across China.

Guangdong is China’s most populous province with over 90 million inhabitants. Guangdong, which borders the Special Administrative Region of Hong Kong, often takes a leading role in technology deployment and is seen by China watchers as the province where one has to prove a high tech product before taking it across the mainland.

With this first large scale commercial roll-out, China, already the world’s 2nd largest digital cinema market, has now taken a decisive step towards full digitalization of its over 10,000 cinemas. Like with many other technologies China is leapfrogging the rest of the world.

Barco, which enjoyed almost 100% market share in digital cinema in China over the last 2 years, strengthens its position in the Chinese market with this historic agreement. Over the last years Barco has been working closely with China’s CFG, Sino-I and Dadi Digital Cinemas to develop its world leading series of 2k digital cinema projectors, based on DLP CinemaTM technology of Texas Instruments. The new agreement further involves the build out of a 24/7 support network and Network Operations Centers.

P.H.Yu, Chairman of Sino-i/ Dadi expresses that “ Dadi digital cinemas is aiming to build the first fully DCI compliant digital cinema chain and speed up the digital cinema development in China together with Barco. We truly believe this is the direction and only answer to accretion of a new era in the history of film industry in China.”

“Dadi’s vision and development plan is world leading and we are proud to be part of it. We are satisfied that our efforts and commitment to the China market have been rewarded.” says Frank Christiaens, Managing Director for Barco in China.

Barco will be expanding its offices in Guangdong province to support Guangdong Dadi’s rollout. With 300 staff in Greater China today Barco is already clearly the most committed player in the China market. Barco has gone beyond simple sales and distribution and started full R&D and manufacturing at its Changping facilities. Barco expects to continue to build on this local strength in the years to come.

About Barco: Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2017, we realized sales of 1.085 billion euro. We have a team of 3,600 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
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