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transports you into a new dimension of sound immersion by delivering truly captivating entertainment experiences. Be prepared -- this improved lifelike immersion and heightened realism makes horror movies scarier, comedies more laugh-out-loud, and car chase scenes even more intense. Movies are being shown with
sound at an ever-growing number of theaters in the U.S., China and Europe.
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AGOURA HILLS, Calif.—Aug 9, 2006
DTS Accelerates Entry into the D-cinema Market; Company Announces Exclusive Licensing Agreement with Avica Technology Corporation
TS, Inc. (Nasdaq:DTSI) today announced that it has entered into an exclusive licensing agreement with Avica Technology Corporation, a recognized name in the digital cinema market. The license agreement provides DTS exclusive global rights to exploit Avica's suite of technologies, products and services. This agreement leverages existing DTS technologies, including the recently completed acquisition of the Digital Booking Systems software, and positions DTS to compete more aggressively in the emerging D-cinema market.
Under the terms of the transaction, DTS also has the exclusive option to acquire the assets of Avica.
"This licensing agreement with Avica significantly accelerates our entry into the digital cinema market and we are very optimistic that we will play an important role in the industry's transition toward the complete digital delivery of entertainment content," commented Jon Kirchner, president and CEO of DTS. "The addition of Avica's technology and product suite to our existing cinema and digital images offerings creates a unique and compelling solution for content creators, distributors and exhibitors as the world broadly adopts digital content distribution and exhibition platforms.
"Avica is delighted to be supporting our new partner in digital cinema and we look forward to working closely with the DTS team to develop this emerging market," said Nicholas Clay, chairman and CEO of Avica Technology Corporation.
Jordan Miller, DTS, Inc.
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About DTS, Inc.:
Since 1993, DTS, a wholly owned subsidiary of Xperi Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners’ network-connected devices. For more information, please visit
DTS, Inc. Directory page
DTS, Inc. Web Site
About Avica Technology Corporation:
Avica is a leading provider of technologies and services for Digital Cinema post-production, distribution and exhibition. Avica's FilmStoreTM family of products handles content delivery and presentation for distribution networks; including encoding and encryption, packaging and distribution, security and all aspects of theatre management and screening. For additional information on Avica and its products visit http://www.avicatech.com.
Avica Technology Corporation Directory page
Avica Technology Corporation (Santa Monica)
DTS, Inc. (Calabasas,)
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More DTS News:
Feb 20, 2019
DTS and CJ 4DPLEX Join Forces to Raise ScreenX Theatres’ Immersive Experience to a New Level
Dec 11, 2018
GDC Immersive Sound Solution Featuring DTS:X Breaks the 1,000 Mark
Apr 4, 2018
Abbey Road Studios Installs DTS:X Mixing Tools
Jan 23, 2018
H. Loren Nielsen Joins Xperi as Vice President, Content Relations and Strategy
Dec 13, 2017
GDC Technology Raises Immersive Sound to the Next Level
Nov 22, 2017
Classic Cinemas Strengthens Strategy Partnership with GDC
Nov 14, 2017
DTS to Deliver Next-Generation DTS:X Audio to Classic Cinemas
Nov 5, 2017
GDC Technology and DTS Named Presenting Sponsor of CineAsia
Sep 13, 2017
Century Club: 100 Films Exhibited in DTS:X Immersive Audio
Sep 12, 2017
B&B Theatres Partner with GDC Technology to Make Sound Investment in Future
More Avica News:
Mar 17, 2005
AVICA EUROPE LAUNCHES FIRST COUNTRY-WIDE DIGITAL CINEMA NETWORK
Oct 21, 2004
Barco Digital Cinema captivates audience during open air Shark Tale movie premiere
Jul 1, 2004
Hands-On Demo of Avica’s FilmStore™ Technology Draws Crowds at Europe’s Premier Theatre Trade Show
Jul 1, 2004
Avica Demonstrates the Power of Digital Technology at Cinema Days in Cork
Jun 9, 2004
Avica Announces Opening of European Operations Headquartered in Thurles, Co. Tipperary
Sep 26, 2003
MPEG Interop Initiative Releases Digital Cinema Specification Document
Mar 5, 2003
Digital Cinema Providers Group Announces Formation of New Trade Association
Jan 13, 2003
China Film Group Adds Additional Avica FilmStoreTM Digital Cinema Players
Aug 5, 2002
China Opens Nationwide Digital Cinema Network on Avica FilmStore™
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