Kortrijk, Belgium—Dec 20, 2006
Barco achieves 1000th Digital Cinema projector milestone
Barco is delighted to announce that it has reached its 1000th 2K Digital Cinema projector milestone further reinforcing its position as a worldwide industry leader in the Digital Cinema Market. Barco now holds more than 55% market share in Europe and 65% in the Asian Pacific region and is currently enjoying, in the US, its fastest growth of any single region. The digital cinema revolution has truly begun and in order to meet the expected upsurge in demand, Barco is increasing its capacity from the current 300 units a month to 500 a month in 2007.
Nancy Fares, Business Manager, DLP Cinema® Texas Instruments stated, “Texas Instruments has developed the digital projection technology that is making the transition to digital cinema possible, practical and enjoyable for cinema goers. With regard to this news from Barco, we are especially proud to be working with Barco as a well recognized world leader in the field of Digital Cinema. The DLP Cinema team congratulates them on achieving this significant milestone and looks forward to working with them in the future.”
Stephan Paridaen, President of Barco’s Media and Entertainment division stated, “1000 Barco 2K Digital Cinema projectors are now in the market place and we are very proud of this achievement. I would like to thank our customers for their loyalty and support during these early stages of this relatively new and exciting industry.” He continued, “The digital revolution is now truly underway and we can all look forward to enjoying the experience of Digital Cinema the world over, thanks to a great extent to Barco and TI.”
The pioneering DLP Cinema® technology from Texas Instruments, which is used in all of Barco’s 2K Digital Cinema projectors, ensures perfect re-production of film, time and time again, and ensures that movie goers enjoy the highest quality film experience with consistent picture brightness, contrast and vibrant colors. Barco holds one of only three exclusive licenses of TI’s DLP Cinema® technology.