CHICAGO -- NEC Display Solutions of America, a leading provider of commercial LCD display and projector solutions, announced today that Dickinson Theatres has selected NEC DLP Cinema® projectors and GDC servers for 250 digital cinema systems. The full digital conversion will take place in 25 theatres in 5 midwest states, half of which are expected to be completed in the next 12 months. Ballantyne Strong, Inc. (NYSE Amex: BTN) is the project's reseller and will provide installation services; Cinedigm will provide the deployment support utilizing its integration program, while full financing is provided by NEC Financial Services and bankers Macquarie International.
"We are delighted to have secured this contract with Dickinson Theatres and to have NEC Financial Services provide the financing to make this deployment possible," said Pierre Richer, President and C.O.O. of NEC Display Solutions. "NEC's Digital Cinema Projector Series provides the highest quality for moviegoers, and when coupled with NEC's financing solutions, represents a best-in-class solution for exhibitors looking to make the move to digital. Partnering with Ballantyne and Cinedigm on this particular deployment is not only an asset for NEC but a building block to leverage Dickinson's theatres."
The system installation will include, in addition to NEC's fully 4K-upgradeable projectors, GDC Servers and digital audio hardware. The Digital Cinema Projector Series is fully Digital Cinema Initiatives (DCI) Compliant and exceeds the high standards in the digital cinema industry with enhanced cooling capabilities and user interface. Dickinson has taken advantage of NEC's unique financing services, which has been an asset to many of NEC's negotiations for digital conversions in cinemas this year.
"Having the new screens will allow us to celebrate our 90th anniversary this November with 3D films, live sports programming and concert films," said John Hartley, President and CEO of Dickinson Theatres. "It's an exciting adventure for us to begin at such a pivotal point in our company's history. Working with NEC, Cinedigm and Ballantyne has been a perfect fit for this project from conception."
"As NEC's master reseller for digital cinema projectors in the Americas, we are very excited to team with NEC and Cinedigm to execute this turnkey digital cinema deployment for Dickinson Theatres, a long-time Ballantyne customer," said John Wilmers, President and CEO, Ballantyne Strong.
"GDC is delighted to be a part of Dickinson Theatre's digital cinema conversion plan," said Dr. Man-Nang Chong, founder and CEO of GDC Technology. "Having established a solid partnership with NEC, Cinedigm and Ballantyne Strong, we are confident that this collaboration will not only heighten the entertainment experience for customers, but also ensure Dickinson Theatres are serviced with top quality and future proof digital cinema technology."
"We value our partnership with Dickinson Theatres and are thrilled to be working with them on their digital cinema rollout in conjunction with NEC," said Chuck Goldwater, President of the Media Services Group at Cinedigm. "Multi-pronged relationships are the basis of Cinedigm's business, and being part of the digital solution for Dickinson together with our partners at NEC is right where we want to be."
For more information about NEC's digital cinema projectors, please visit http://www.necdisplay.com/Products/SubClass/?subclass=Projectors.
To learn more about financing options, please visit http://www.necdisplay.com/GoDigital or contact NECDigitalCinemaLease@neclease.com.