Cineworld Group and Cinionic Strike 1,000+ Unit Deal to Roll Out Acclaimed Barco Laser Projectors to Theaters Worldwide
Cineworld embarks on global renewal with Cinionic, powered by award-winning projection portfolio and enhanced services
KORTRIJK, Belgium, June 17, 2019 (GLOBE NEWSWIRE) -- Cinionic, the Barco, CGS, and ALPD cinema joint venture providing a new visual standard with enhanced services and technology solutions, announces a significant expansion in its relationship with one of the world’s largest theater chains, Cineworld Group plc (LON:CINE), to continue delivering an elevated movie-going experience for audiences worldwide. Cinionic will illuminate Cineworld Group operated theaters in the U.S., EU and UK with enhanced services and award-winning portfolio of Barco laser projectors, including the newly launched Barco Series 4.
Over the next 18 months, Cineworld will upgrade and deploy over 1,000 projectors worldwide with Barco Laser solutions to deliver a new visual standard in cinema, supported by Barco Alchemy media servers and maintained for the next decade through Cinionic’s enhanced services. Cineworld Group operates 9500+ screens across 10 countries and is a leader in the movie exhibition industry, with chains such as Regal (US), Cineworld (UK) and Cinema City (EU). Through Cinionic’s best-in-class technology and enhanced solutions, Cineworld continues to deliver on its promise to be the ‘best place to watch a movie’ and enhance its global footprint.
“Today, exhibitors are looking at ways to enhance the movie-going experience with the best images and unparalleled efficiency through laser projection and advanced service solutions. Cineworld is a longstanding partner and we are honored that they are choosing Cinionic to power the visual standard for moviegoers today and tomorrow,” said Wim Buyens, CEO of Cinionic. “Building on our strong foundations, we are extending our relationship to bring innovation and services that further Cineworld’s mission around the world for years to come.”
Cineworld’s rollout plan engages the full range of Barco Laser projector solutions, including the new Barco Series 4 platform. Announced during CinemaCon 2019, Barco Series 4 delivers the highest quality visual experience in cinema for moviegoers today, future proofed for tomorrow; leveraging 4K, RGB-Laser, as well as being ready for 4K 120fps high frame rate, high-dynamic-range (HDR) and onboard Barco Colorgenic™ delivering wide-color-gamut capabilities. Series 4 leads the industry as the most environmentally-friendly and energy-efficient platform with Barco EcoPure™.
The Series 4 platform was developed in partnership with exhibitors globally, including Cineworld. The group selected the Barco Series 4 as an integral part of the exhibitor’s plan to power new build theaters and their expansive refresh and renewal strategy.
“For a long time, we have enjoyed a great partnership with Cinionic and Barco. Their dedication to research and development, as well as their great product support, is the essence of going further with this exciting deal,” said Renana Teperberg, Chief Commercial Officer of Cineworld. “The core of our strategy is the cinema experience, and superior projection is fundamental to a quality experience. We believe in laser projectors, especially the new Barco Series 4, and do not doubt that this deal will support Cineworld’s promise to its customers to provide the best place to watch a movie.”
Founded in 2018 as a cinema joint venture between Barco, CGS, and ALPD, Cinionic unites global leaders committed to creating a new visual standard and moving the cinema industry forward. Cinionic’s enhanced services and technology solutions provide compelling cinema experiences for today, future-proofed for tomorrow. The company’s world-class technology portfolio includes award-winning laser projectors, HDR, integrated media servers, and premium cinema experiences, among other innovations.
With more than 85,000 projectors installed globally, Cinionic is trusted by more than 200 exhibitors to help capture audiences at multiple touchpoints in their cinema journey and keep them coming back for more. Today, more than half of the world’s movie theaters are illuminated by Cinionic.
About Cineworld Group
Cineworld Group was founded in 1995 with its roots going back to 1930 through the combination with Cinema City in 2014. In December 2017, Cineworld acquired US cinema chain Regal Entertainment Group. Following completion of the deal in February 2018, the enlarged Group became the second largest cinema chain in the world, with 9,538 screens across the US and Europe. Cineworld is operating cinemas today in ten countries: the US, the UK, Ireland, Poland, Romania, Israel, Hungary, Czech, Bulgaria and Slovakia, covering a market of approximately 500 million people. The acquisition of Regal provides Cineworld with a major presence in the US cinema market, the largest box office market in the world. Cineworld’s primary brands are Regal (in the US), Cineworld and Picturehouse (in the UK & Ireland), Cinema City (throughout Europe) and Yes Planet (throughout Israel).
We believe that the size, reach and quality of Cineworld’s theatre circuit provides its patrons with a convenient and enjoyable movie-going experience. We are committed to being ‘The Best Place to Watch a Movie!’ More information can be found at www.cineworld.com
Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2018, we realized sales of 1.028 billion euro. We have a global team of 3,600 employees, whose passion for technology is captured in 400 granted patents.
Abby Treadwell, 310-601-3211
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Nexstim Plc: Invitation to the Extraordinary General Meeting of Shareholders15.10.2019 17:50:00 CEST | Press release
Nexstim Plc: Invitation to the Extraordinary General Meeting of Shareholders Company announcement, inside information, Helsinki 15 October 2019 at 6.50 PM (EEST) Nexstim Plc (NXTMH:HEX, NXTMS:STO) ("Nexstim" or "Company") – the company developing and marketing a unique brain stimulation technology for personalized treatment of major depressive disorder (MDD), invites the shareholders to attend the Extraordinary General Meeting of Shareholders of the Company on 11 November 2019 commencing at 10.00 (EEST) at the auditorium of Hotel Haven, Unioninkatu 17 Helsinki, Finland. The reception of persons who have registered for the meeting will commence at 9.30. A. Matters on the agenda of the Extraordinary General Meeting of Shareholders At the Extraordinary General Meeting of Shareholders, the following matters will be considered: 1 OPENING OF THE MEETING 2 CALLING THE MEETING TO ORDER 3 ELECTION OF PERSONS TO SCRUTINIZE THE MINUTES AND TO SUPERVISE THE COUNTING OF VOTES 4 RECORDING THE LEGALI
Nexstim Abp: Kallelse till extra bolagsstämma15.10.2019 17:50:00 CEST | Pressemelding
Nexstim Abp: Kallelse till extra bolagsstämma Pressmeddelande, insiderinformation, Helsingfors 15 oktober 2019, kl. 18.50 (EEST) Nexstim Abp (NXTMH:HEX, NXTMS:STO) (”Nexstim” eller ”Bolaget”), ett företag som utvecklar och marknadsför en unik hjärnstimuleringsteknologi för personlig behandling av egentlig depression (eng. Major Depression Disorder), kallar härmed aktieägarna till extra bolagsstämma 11 november 2019, kl. 10.00 (EEST) i auditoriet på Hotel Haven, Unionsgatan 17 i Helsingfors, Finland. Mottagandet av personer som har registrerat sig för bolagsstämman inleds kl. 9.30. A. Ärenden på extrastämmans dagordning Vid extrastämman ska följande ärenden behandlas: 1 STÄMMANS ÖPPNANDE 2 STÄMMANS KONSTITUERING 3 VAL AV PROTOKOLLJUSTERARE OCH RÖSTRÄKNARE 4 FASTSTÄLLELSE AV ATT STÄMMAN BLIVIT BEHÖRIGEN SAMMANKALLAD 5 FASTSTÄLLANDE AV NÄRVAROLISTA OCH RÖSTLÄNGD 6 STYRELSEKOMMITTÉER OCH INRÄTTANDET AV VALBEREDNINGEN FÖR AKTIEÄGARNA Bolaget har haft två styrelsekommittéer: styrelsens revis
DNO ASA: Mandatory Notification of Trade15.10.2019 17:43:00 CEST | Press release
Oslo, 15 October 2019 - DNO ASA, the Norwegian oil and gas operator, has today purchased 1,100,000 own shares at an average price of NOK 12.6653 per share. Following this transaction, DNO holds 75,500,000 own shares. -- For further information, please contact: Media: firstname.lastname@example.org Investors: email@example.com -- DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Netherlands, Ireland and Yemen. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Ress Life Investments A/S publishes Net Asset Value (NAV) per share.15.10.2019 17:20:00 CEST | Press release
Ress Life Investments Holbergsgade 14, 2 tv DK-1057 Copenhagen K Denmark CVR nr. 33593163 www.resslifeinvestments.com To: Nasdaq Copenhagen Date: 15 October 2019 Corporate Announcement 34/2019 Ress Life Investments A/S publishes Net Asset Value (NAV) per share. Ress Life Investments A/S publishes the Net Asset Value (NAV) per share as of 30 September 2019. NAV per share in USD: 1918.35 NAV per share in EUR: 1761.73 The performance during September 2019 was 0.97% in USD. The performance during the month was positively affected by one policy paying out and mark-to-market adjustments. The year-to-date net performance as of 30 September 2019 is 5.76% in USD. Assets under management (AUM) as of 30 September 2019 was 155.1 million US dollars. Questions related to this announcement can be made to the company's AIF-manager, Resscapital AB. Contact person: Gustaf Hagerud firstname.lastname@example.org Tel + 46 8 545 282 27 Note: The terms for subscription of shares, minimum subscription amount
GOGL – Repurchase of shares15.10.2019 16:44:00 CEST | Press release
Golden Ocean Group Limited (“Golden Ocean” or the “Company”) announces that the Company has, on October 15, 2019 purchased 50,000 of the Company's own common stocks. The shares have been bought on the Oslo Stock Exchange at an average price of NOK 53.96 per share. After this transaction Golden Ocean holds a total of 1,250,000 own shares. The transaction is part of the share buyback program announced on December 20, 2018. Hamilton, Bermuda October 15, 2019 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Scanship Holding ASA : Scanship acquires ETIA - Transaction has been completed15.10.2019 16:16:00 CEST | Press release
Reference is made to the notice to the stock exchange dated 28.08.19 regarding the acquisition of ETIA Ecotechnologies ("ETIA" or the "Company"). The transaction has now been completed. Scanship has as part of the closing issued 3 888 041 new shares in SSHIP to the sellers of ETIA. The new share capital of SSHIP is after the share issue NOK 10 006 356.60, and total number outstanding shares are 100 063 566. SSHIP has also issued convertible loans for EUR 4 179 000 in total, in respect of a 9 months' seller credit. The conversion may be elected by the sellers, and the conversion price will be NOK 19.33 per share. For further queries, please contact: Henrik Badin - CEO Scanship Holding ASA Tel: +47 90 78 98 25 Email: email@example.com ABOUT SCANSHIP HOLDING ASA Scanship delivers world leading solutions for cleaner oceans in the Cruise and Aquaculture industries. Scanship provides advanced technologies for processing waste and purifying wastewater. Owners operating Scanship systems