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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.

About DG2L Technologies Pte. Ltd. : Founded in 2001, DG2L Technologies, Inc. is a premier provider of next-generation digital media technologies. The company is one of the first in the world to engineer technology solutions based on MPEG-4 standards. Through its acquisition of iVAST International, Morai Media Solutions Inc., and iVAST Inc's assets, DG2L became the only global vendor with the ability to design, deliver and install an end-to-end digital media delivery system which can support any codec across any network to any device. DG2L is headquartered in New York with offices in Newark, California, Tokyo, Beijing, Taiwan, Singapore, Mumbai, Changsha, and ChongQing. DG2L Technologies Pte. Ltd. Directory page About UFO-Moviez: UFO Moviez Limited (www.ufomoviez.com) is the digital cinema venture from the Apollo Group, (www.apollotyres.com) a leading business house of India. With 1000 installations in India, UFO Moviez is the largest networked digital cinema chain in the world. UFO aims to reach a target of 2000 theatres by 2008-09. It is the only company in the world to deliver MPEG - 4 high definition content directly into cinema halls by means of a satellite. The pristine quality of UFO digital cinema coupled with its features of 5.1 Dolby digital surround sound and 192 bit encryption technology that protects the content end to end against all forms of piracy, has endeared UFO Moviez to all - right from the President and Prime Minister of India to the doyens of the Indian film industry. Since November 2005, UFO has released 450 movies in 16 different languages aggregating to more than 530,000 screenings. UFO has presence in 24 States and 590 cities of India. UFO-Moviez Directory page

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