FOR IMMEDIATE RELEASE
FOR IMMEDIATE RELEASE GDC Technology’s Flagship Product, the SX-3000 Standalone IMB, Continues to Gain Market Share in North American and Latin American Markets SHOWEAST, Hollywood (October 27, 2014) – GDC Technology Limited (“GDC Technology”), a world leading digital cinema solutions provider, is further consolidating its leadership of the sector in North and Latin America with the expansion of its SX3000 Standalone Integrated Media Block™(SX-3000 IMB) installation base. As the industry’s first standalone IMB, the SX-3000 IMB sets the standard for simple, hassle-free digital cinema solutions by significantly lowering installation and maintenance costs while eliminating the need for an attached server. The SX-3000 IMB – now the most widely installed standalone IMB in the market, also offers High Frame Rate (“HFR”) capability in both 2D and 3D, live 3D support, digital connectivity for alternative content such as 3G HD-SDI and HDMI, as well as image-scaling. A significant number of exhibitors in North America and Latin America have adopted GDC’s SX-3000 IMB to complete their digital cinema conversion, extending into their new theatre locations. The SX-3000 IMB has become a trusted option for many new theater openings, including: Arclight Cinemas The Hollywood-based premium theatre chain is expanding and has committed to have SX-3000 IMBs in its new 14-screen location in Bethesda, Maryland opening in November 2014, and also in another two new locations with total 28 screens upcoming soon. IPIC Theaters A luxury style movie theatre chain with VIP seating and dining experience, IPIC Theaters has installed eight SX-3000 IMBs at its new Pike & Rose theatre, opening this month in North Bethesda, Maryland. It will also use SX-3000 IMBs at its 8-screen location in Texas which will open early next year. Southern Theatres Southern Theatres, LLC, is one of the top 10 exhibitors in the United States and operates 39 locations, with 450 screens, throughout the country. The company has installed SX-3000 IMBs in its 8-screen Movie Tavern Northshore location in Covington, Louisiana which opened in July of this year, and at the 11-screen Movie Tavern Sandy Plains Village location in Roswell, Georgia which opened in December 2013. Starplex Cinemas Starplex Cinemas, a fast growing theatre chain based in Texas with over 350 screens, has exclusively selected GDC Technology’s SX-3000 IMB and TMS-1000 theatre management software for its new expansion for 2014. They have installed SX-3000 IMBs and TMS-1000 software in East Windsor Town Center Plaza in New Jersey (10 screens), Southington 12 in Connecticut (12 screens), and Loudoun Luxury Cinemas 11 in Virginia which will be opening soon (11 screens). Violet Crown Cinemas Violet Crown Cinemas recently installed four SX-3000 IMBs in its flagship cinema in downtown Austin, TX, and will install 11 SX3000 IMBs in its new 11-screen Santa Fe, New Mexico cinema, scheduled to open in the historic Santa Fe Railyard in March 2015. Violet Crown is also expanding to downtown Charlottesville, VA, and will install 10 SX-3000 IMBs in the 10-screen Violet Crown Charlottesville, opening Summer 2015. Violet Crown’s sister company, Carolina Cinemas, has installed 42 SX-3000 IMBs, covering all its screens in Asheville, Charlotte and Raleigh, North Carolina. Xscape Theatres One of the most active exhibitors in the country, Xscape Theatres, owned by Patoka Capital, will use SX-3000 IMBs at three new 14-screen multiplexes currently under development which will open this year and 2015. “We sincerely appreciate our customers for this long prestigious relationship and thank them for their trust to partner with us and grow our businesses together,” said Dr. Man-Nang Chong, founder and CEO of GDC Technology. “With the success of the SX3000 IMB in the North America market, we are able to expand rapidly in Latin American countries as well including Mexico, the Dominican Republic, Costa Rica, Guatemala, Nicaragua, Panama, Colombia, Ecuador, Peru, Chile, Argentina and Brazil. We are proud to announce that within a short span of 2 years, we have had over 14,000 screens installed with SX-3000 IMB worldwide.” ************************************************************************************* About GDC Technology Limited (www.gdc-tech.com) GDC Technology Limited (“GDC Technology”) is a digital cinema solutions provider. GDC Technology develops, manufactures and sells digital cinema servers, content storage systems, theater management systems and network operations center software for digital cinema. GDC Technology also provides a suite of digital cinema products and services, including integrated projection systems, 3D products, projector lamps and silver screens. GDC Technology’s subsidiary, GDC Digital Cinema Network Limited, manages VPF for approximately 5,000 theater screens and 250 motion picture distributors worldwide. GDC Technology Media Contact: Sylvia Lee E-mail: [email protected]
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