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D-BOX Technologies Increases Presence in Hong Kong with Orange Sky Golden Harvest Entertainment Company

^{Published on 2011-09-21 04:11:21 - Market Wire}
 

LONGUEUIL, QC, Sept. 21, 2011 /CNW Telbec/ - D-BOX Technologies Inc. (TSX: DBO), a leader in innovative motion technology, announced today a new agreement with Orange Sky Golden Harvest Entertainment Company for the installation of 19 additional D-BOX MFX Seats at one of the company's premiere Hong Kong locations.

This latest agreement marks the second sale of D-BOX MFX Seats in Hong Kong, the first taking place earlier this year when Golden Harvest Mongkok introduced its first D-BOX auditorium, and will generate licensing fees payable to D-BOX in accordance with the systems' use. With this installation, Golden Harvest Mongkok will boast two D-BOX auditoriums further expanding D-BOX's footprint in Asia.

"We see a great opportunity for continued expansion throughout the region with Orange Sky Golden Harvest given the company's business interests in Mainland China, Singapore and Taiwan," stated President and CEO of D-BOX Technologies, Claude Mc Master. "The success of our motion technology has soared here and we anticipate a promising future in this global marketplace."

In addition to Hong Kong, D-BOX MFX technology is featured in several locations throughout the U.S. and Canada and in five other countries including Austria, Germany, Japan, Netherlands and New Zealand.

''Orange Sky Golden Harvest is proud to be the first cinema operator in Hong Kong to bring in such an innovative technology," said Belinda Tang, Head of Hong Kong operations of Orange Sky Golden Harvest. ''Adding the 2nd hall in less than 6 months proves how much Hong Kong audience likes D-BOX. "

For a complete listing of theatres offering the D-BOX experience and a guide to new movies, visit [ www.d-box.com ]

About Golden Harvest Cinemas

Orange Sky Golden Harvest, previously known as Golden Harvest, is one of Asia's best known and most influential film and entertainment companies. Listed on the Stock Exchange of Hong Kong since 1994, Orange Sky Golden Harvest currently operates 29 cinemas with 229 screens across Hong Kong, China, Singapore and Taiwan, commanding a substantial share of the film exhibition and distribution markets in Asia. Orange Sky Golden Harvest has produced over 450 films and nurtured movie legends such as Bruce Lee and Jackie Chan. The company is also the distributor of countless successful films in both Chinese and foreign languages.

Orange Sky Golden Harvest Entertainment Company, Hong Kong is one of the major movie theatre companies in Hong Kong founded by eminent film producers, Leonard Ho Koon Cheung and Raymond Chow.

About D-BOX

D-BOX Technologies designs, manufactures and commercializes leading edge technology motion systems mainly for the entertainment and simulation industries. With its unique, patented technology, D-BOX Motion Code^TM, motion effects are specifically programmed for each visual content and sent to a motion generating system integrated within either a platform or a seat. The resulting motion is perfectly synchronized with the onscreen content, creating an unmatched realistic, immersive experience. To date, major Hollywood Studios have D-BOX Motion Code^TM available on feature films, DVDs and Blu-rays^TM. By reaching agreements with various industry leaders, D-BOX's award-winning motion technology is gradually proving itself as a new global standard. D-BOX is a publicly traded company listed on the TSX exchange under the symbol DBO. For further information please see [ www.d-box.com ]

D-BOX^® is a registered trademark and D-BOX Motion Code^TM is a trademark of D-BOX Technologies Inc. Other names are for informational purposes only and may be trademarks of their respective owners.