Mumbai—Oct 15, 2007
DG2L Technologies and UFO Moviez digitalize cinemas in Europe
Supply a record 1500 Digital Cinema Systems in India and Europe
DG2L Technologies has made history by supplying a record 1500 Digital Cinema Systems to UFO Moviez Ltd., the pioneer in the digital cinema business and the world's largest digital cinema chain in India and Europe. Digital Cinema encompasses the production, delivery and projection of full-length motion pictures, trailers, advertisements and other audio / visual content to theatres using digital technology. In Digital Cinema, a film is delivered to theatres through a satellite and therefore eliminates the use of physical media such as print reels, hard disks etc.
UFO Moviez Ltd. has tied up exclusively with DG2L Technologies, for the Digital Cinema equipment supply and hardware support. Commenting on this association, Mr. Sanjay Gaikwad, CEO and Executive Director, UFO Moviez adds, "The technology that DG2L Technologies possesses and provides is par excellence. In consideration and recognition of their expertise, we couldn't have chosen a better partner for our sophisticated and hi-tech movie delivery platform. Thanks to the technology they provide, we rest assured of smoothly & effortlessly delivering superb quality of movie viewing to our audiences across the world."
Digital movies are encrypted and compressed computer files that can be stored on a secure disk or cartridge, or sent through broadband cable or via satellite. Those large files are downloaded on a secure digital storage server, a robust computer system connected to a digital projector located in the projection booth of the movie theatre.
Speaking about the potential of Digital Cinema Systems, Mr. Ankur Sheth, Director & CEO, DG2L Technologies said, "We see a huge potential in the Digital Cinema Systems business and have set a target to touch 3000 theatres in the next 18 months."
DG2L is headquartered in New York, has manufacturing operations in Taiwan , registered Office in Singapore, Europe Support in Brussels (Belgium) and R & D centers in Mumbai and now in Pune. It also has marketing and sales offices in Silicon Valley (Newark, CA - USA), Beijing (China) as well as Mumbai. DG2L has pioneered the Set-Top Box market to offer a Hybrid H.264 based DVB/IP High Definition Set Top Box. The company is the one of the first ever to introduce an MPEG-4 based Digital Content Management and today the Neuron Set Top Box is in its 3rd generation, gaining immense business interest from leading global DVB and IPTV service providers in various markets.
DG2L hold a 49% stake in UFO Moviez Ltd., the largest digital cinema network in the world and is the only digital cinema platform offering end-to-end digital cinema solutions and delivering films via satellite directly to theatres using a unique pay per show business model.