Business
D-BOX Technologies Announces 3 New Screens in Asia with Hong Kong's Orange Sky Golden Harvest Entertainment Company
LONGUEUIL, QC, March 13, 2012 /CNW Telbec/ - D-BOX Technologies Inc. (TSX: DBO), a leader i...
About this update from D-box Technologies Inc. Class A
[{"type":"text","content":"\n\n\n\n\n\nLONGUEUIL, QC, March 13, 2012 /CNW Telbec/ - D-BOX Technologies Inc.\n (TSX: DBO), a leader in innovative motion technology, announced today\n another agreement with Orange Sky Golden Harvest Entertainment Company\n to equip three new screens with D-BOX MFX Seats.\n\n\nThis purchase and licensing agreement will generate licensing fees\n payable to D-BOX in accordance with the systems' use and increases\n D-BOX's footprint in Asia and now brings its total number of theatres\n to seven in Japan and Hong Kong.\n\n\n\"We're thrilled to continue our momentum overseas and further expand our\n presence in Asia,\" stated President and CEO of D-BOX Technologies,\n Claude Mc Master. \"We see exceptional growth opportunities with Orange\n Sky Golden Harvest given its interests in movie production as well as\n its theatre presence throughout the region including mainland China,\n Taiwan and Singapore.\"\n\n\nThe three new screens featuring D-BOX MFX Seats will be in theatres\n located in the Yau Tsim Mong and Tsuen Wan districts of Hong Kong.\n\n\n\"Orange Sky Golden Harvest is committed to creating the ultimate movie\n experience for its patrons and D-BOX has proven itself an extraordinary\n addition to our theatre in Mongkok,\" said Chief Executive Officer of\n Orange Sky Golden Harvest Entertainment Company, Andrew Mao. \"Given the\n great success of D-BOX with our moviegoers at that location, we are\n adding these three new screens with hopes of adding more in the near\n future.\"\n\n\nFor a complete listing of theatres offering the D-BOX experience and a\n guide to new movies, visit www.d-box.com\n\n\nAbout Golden Harvest Cinemas\n\n\nOrange Sky Golden Harvest, previously known as Golden Harvest, is one of\n Asia's best known and most influential film and entertainment\n companies. Listed on the Stock Exchange of Hong Kong since 1994, Orange\n Sky Golden Harvest currently operates 56 cinemas with 428 screens across Hong Kong, China, Singapore and Taiwan, commanding a substantial\n share of the film exhibition and distribution markets in Asia. Orange\n Sky Golden Harvest has produced over 450 films and nurtured movie\n legends such as Bruce Lee and Jackie Chan. The company is also the\n distributor of countless successful films in both Chinese and foreign\n languages.\n\n\nOrange Sky Golden Harvest Entertainment Company, Hon...