CINEMACON, Las Vegas (March 26, 2014) - GDC Technology Limited ("GDC Technology"), a world leading digital cinema solutions provider, is pleased to announce that Caribbean Cinemas, the largest motion picture exhibitor in the Caribbean Islands, has completed its digital conversion under GDC Technology's VPF agreement, covering an additional 148 screens over 20 theatres across the Islands including the Dominican Republic, Trinidad, Aruba, St. Lucia and Antigua.
GDC Technology currently manages over 4,600 screens across 600 VPF agreements with worldwide content distributors and exhibitors. Under its VPF agreement with Caribbean Cinemas, GDC Technology supplies digital cinema servers while Ballantyne Strong integrates and installs GDC servers with NEC Display Solutions projectors.
"Through our experience of having deployed GDC servers in the past, it was natural to move forward with GDC's VPF program in tandem with Ballantyne Strong's integration services as we have been very pleased with the level of responsiveness and attentive service that GDC has always provided," said Robert Carrady, President and CEO of Caribbean Cinemas.
"We are thankful for the opportunity and excited to demonstrate why GDC Technology is such a great fit for Caribbean Cinemas," said Dr. Man-Nang Chong, founder and CEO of GDC Technology. "We are dedicated to help exhibitors like Caribbean Cinemas convert from traditional to digital under a VPF program that is designed to be extremely simple, transparent and flexible. Caribbean Cinemas is able to enjoy the long-term benefits of its circuit-wide digital roll-out."
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About GDC Technology Limited (www.gdc-tech.com)
GDC Technology Limited ("GDC Technology") is a leading global digital cinema solutions provider with the largest installed base of digital cinema servers in the Asia-Pacific region and the second largest globally. GDC Technology develops, manufactures and sells digital cinema servers that meet the highly demanding performance, security and reliability requirements established by Hollywood studios. GDC Technology also provides a comprehensive suite of digital cinema products and services providing exhibitors and distributors with a one-stop solution for exhibiting digital cinema content, including integrated projection systems, 3D products, projector lamps and silver screens. It's subsidiary, GDC Digital Cinema Network Limited, has 6 years of VPF experience and manages over 4,600 screens across 600 VPF agreements with worldwide content distributors and exhibitors. Founded in Singapore in 1999 and headquartered in Hong Kong, GDC Technology has established a global market presence and strong brand recognition with 11 offices and 28 local service centers around the world. GDC Technology is a portfolio company of The Carlyle Group.
About Caribbean Cinemas (www.caribbeancinemas.com)
Since its inception in 1969, Caribbean Cinemas has built a reputation of offering the broadest choice of movies, state-of-the-art technology and unparalleled comfort in its prime locations throughout the Caribbean Islands, including Puerto Rico, the Dominican Republic, Aruba, St. Lucia, St. Maarten, Antigua, St. Kitts, St. Thomas and Trinidad. Caribbean Cinemas is currently the leading movie picture exhibitor in the Caribbean region, 55 theatres with a total of 446 screens throughout the islands.
About Ballantyne Strong, Inc. (www.strong-world.com )
Ballantyne Strong is a provider of digital equipment, screens and managed services as well as specialty lighting equipment. The Company supplies major and independent theater chains, top arenas, theme parks and architectural sites around the world. Through its subsidiary, Convergent Media Systems, the Company is also a leading player in digital signage and content creation and distribution systems for the retail, hospitality, financial services, cinema and government markets.
About NEC Display Solutions of America (www.necdisplay.com)
Headquartered in Itasca, Ill., NEC Display Solutions of America, Inc., is a leading designer and provider of innovative desktop LCD monitors, commercial- and professional-grade large-screen LCD displays, a diverse line of multimedia and digital cinema projectors, and integrated display solutions. NEC Display Solutions develops leading-edge visual technology and customer-focused solutions for a wide variety of markets, including enterprise, healthcare, education and digital signage. It has deployed more than one-million large-format displays worldwide. For additional information about NEC Display Solutions of America products, call (866) NEC-MORE, or visit the website at www.necdisplay.com. For digital images, please visit http://necdisplay.com/digital-media-library. Follow us on our social media channels: Facebook, YouTube, Twitter and LinkedIn.