CINEMACON, Las Vegas (March 27, 2014) - GDC Technology Limited ("GDC Technology"), a world leading digital cinema solutions provider, has sealed VPF agreements with two premier cinema chains in Peru, Cinestar Multicines and UVK Multicines, for their digital cinema conversion. GDC Technology will deploy its digital cinema servers to the two theatre chains in partnership with Cinema Equipment and Supplies ("CE+S"), a professional digital cinema service provider in America.
CE+S as the system integrator, will provide Cinestar Multicines and UVK Multicines with GDC Technology's SX-3000 Standalone IMB®, as well as installation and Network Operations Center (NOC) services with their remote monitoring service product Cinevise for 24/7 proactive monitoring of UVK Multicines' entire circuit. CE+S will spearhead the conversion of Cinestar Multicines' 54 screens in 13 theatres and UVK Multicines' 37 screens in 13 theatres.
Cinestar Multicines, part of the Kapur Media Group, is the second largest domestic exhibitor in Peru. "We're delighted to partner with GDC Technology and CE+S to handle our conversion to digital," commented Varun Kumar Kapur, Operations Manager of Kapur Media Group. "We have witnessed how their expertise in VPF programs is advancing digital conversion throughout Latin America and we look forward to unlocking the benefits of digitalized cinemas."
"As a leading cinema in Peru, it is our focus to provide our customers with the best quality in digital cinema," commented Monica Ubillus-Verdeguer, General Manager of UVK Multicines, "GDC Technology delivers flexible VPF terms while CE+S provides us comprehensive service support, which are both essential to driving our plan for rapid digitalization. Our passion for cinema motivates us to look always for the very best for our clients and we are happy to say we have achieved our goals."
"We are proud that Cinestar Multicines and UVK Multicines have chosen CE+S as the system integrator for their digital deployment," said Alex Younger, Vice President of CE+S. "We believe that with our exceptional service support coupled with GDC Technology's VPF management capabilities, the two cinema chains will be able to offer moviegoers an incomparably compelling and thrilling cinema experience."
"We are pleased to work with CE+S to roll-out the digital conversion for Cinestar Multicines and UVK Multicines," said Dr. Man-Nang Chong, founder and CEO of GDC Technology. "With our years of experience in managing VPF programs in North America and Asia, GDC Technology is committed to providing the most transparent and efficient VPF programs to the exhibitors in Central and South America."
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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 Cinestar Multicines (www.cinestar.com.pe )
Cinestar is the first theater chain with multiplex facilities in Peru. The idea came up 35 years ago from an Indian investor, who decided to back up Peru and revolutionize the market by dint of perseverance and work with new trends in both construction and customer service. Part of the Kapur Media Group, Cinestar Multicines is the second largest domestic theater chain in the country with cinemas in India.
About UVK Multicines (http://uvkmulticines.com/)
UVK Multicines was created to bring the best of cinema technology to Peru, bringing digital sound, 99% perfect accoustic sound and the first VIP theater to our country in 1998 with the opening of its first theater. Throughout the years UVK Multicines has maintained its position in the market as a top leader in innovation, working to bring the quality of presentation as the best possible in the world. For its tenth anniversary, UVK Multicines was one of the first chains to bring 3D digital projection to Peru. Innovation is not limited to equipment in UVK Multicines, since It offers exclusively almost all of the treasures of alternative content such As the acclaimed Live Met Opera seasons, the marvellous bolshoi ballets, live concerts and thrilling sports events like the Wimbledon tennis tournament. 2 years ago, we opened the first arthouse theater in our country, bringing the best of classic movies, and arthouse and independent films from around the globe.
About CE+S (www.cinemaequip.com)
Cinema Equipment and Supplies offers a full range of state-of-the-art cinema products and services to outfit movie theaters with the latest and greatest in the most cost-effective manner. Founded in 1982, with its headquarters in Miami and offices in São Paulo, CE+S has more than 30 years of providing exceptional service to its clients. A global leader in the industry, CE+S has installed over 1,000 digital cinema systems in over 17 countries. As industry innovators, CE+S was the first provider to offer remote monitoring services in Latin America with the launch of Cinevise in 2009. Cinevise's Global Network Operations Center in Miami, FL links directly to the exhibitor's premise to provide a complete 24/7 minute by minute monitoring and remote support solution. Cinevise's Managed Services support a wide array of manufactures, platforms and solutions. With over 1,000 screens under Cinevise remote monitoring service and over 350 TMS systems deployed, CE+S continues bringing its market-leading expertise in digital solutions and technology to the cinema industry.