Business
D-BOX Technologies Continues Worldwide Expansion with First Agreement in Austria with Cineplexx
Apr. 28, 2011 (Canada NewsWire Group) -- LONGUEUIL, QC, April 28 /CNW Telbec/ - D-BOX Technol...
About this update from D-box Technologies Inc. Class A
[{"type":"text","content":"\n\n\n Apr. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nLONGUEUIL, QC, April 28 /CNW Telbec/ - D-BOX Technologies Inc. (TSX:\n DBO), a leader in innovative motion technology, announced today a new\n agreement with FTT (the company's first European distributor for\n commercial theatre expansion) to equip a first theatre with Austria's\n Cineplexx with approximately 50 D-BOX motion seats.\n\n\nThe Cineplexx in Linz, Austria will boast two auditoriums with D-BOX\n Motion technology. This newest theatre in Europe marks the first sale\n of D-BOX in Austria for commercial theatre usage. Under D-BOX's\n international business model, in addition to the revenues generated\n from the sale of the systems, the agreement will generate licensing\n fees payable to D-BOX in accordance with the systems' use.\n\n\n"As a result of our highly advanced international business model and\n collaboration with FTT, we are continuing to generate considerable\n interest in our motion technology from theatre companies throughout\n Europe," said President and Chief Executive Officer of D-BOX\n Technologies, Claude Mc Master. "We are steadily increasing our\n presence in this part of the world and look forward to developing\n additional partnerships similar to our new relationship with\n Cineplexx."\n\n\nMost recently, D-BOX announced that theatres in Germany and the\n Netherlands will soon feature its immersive motion technology adding to\n a growing list of countries that also i...