D-BOX Technologies Inc.

D-BOX Technologies Inc.

March 22, 2012 03:00 ET

D-BOX Technologies and Muvico Entertainment Strengthen Relationship, Add Second D-BOX Screens to Four Existing Theatres

LONGUEUIL, QC, March 22, 2012 - D-BOX Technologies Inc. (TSX: DBO), a leader in innovative motion technology, announced today a new agreement with Muvico Entertainment to equip four of its existing U.S. theatres with a second D-BOX screen. Considering this new agreement, D-BOX will have 121 screens worldwide equipped with D-BOX MFX systems. More specifically, 12 theatre locations will now be equipped with more than one screen.

Locations include Muvico Parisian 20 and IMAX, West Palm Beach, Fla.; Muvico Broward 18, Pompano Beach, Fla.; Muvico Thousand Oaks 14, Thousand Oaks, Calif.; and Muvico Rosemont 18, Rosemont, Ill. By April, each of these four locations will be equipped with two auditoriums offering D-BOX movies simultaneously.

"The idea of having multiple D-BOX screens in one theatre has long been a goal of ours in order to feature multiple films in D-BOX at the same time," said President and CEO of D-BOX Technologies, Claude Mc Master. "As we are increasing the number of movies we secure, working with the studios, this has ultimately become a need at several of our current locations and we anticipate duplicating this format at additional sites in the near future."

"All of our theatres, with the exception of one, feature D-BOX; and the experience continues to grow in popularity among our guests, thus making the installation of additional seating in a second auditorium a very natural next step," said Muvico Entertainment CEO, Neil Bretan. "Our guests have come to expect the best and the ultimate in entertainment from Muvico, and with D-BOX, we're providing that and more. Making a capital investment in new motion systems at this point is a natural step given the tremendous impact these systems have had on our overall revenues "

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

About Muvico Entertainment

Muvico Entertainment, based in Ft. Lauderdale, Florida, operates nine theaters totaling 152 screens in Florida, Illinois and California, including notably its two newest theaters in Los Angeles and Chicago, each featuring premiere auditoriums and a family-friendly restaurant. Muvico will continue to expand its nationwide presence, with plans for additional theaters in the greater Chicago and Los Angeles areas.

ABOUT D-BOX

D-BOX Technologies Inc. designs, manufactures and markets cutting-edge motion systems intended mainly for the entertainment and industrial simulation industries. This unique and patented technology, the D-BOX Motion Code, uses motion effects specifically programmed for each visual content which are sent to a motion system integrated into either a platform or a seat. The resulting motion is perfectly synchronized with the on-screen action, thus creating an unparalleled realistic immersive experience. As of today, many Hollywood studios offer D-BOX Motion Code on their motion pictures in commercial theatres, on DVDs and Blu-rays. 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 public company whose shares are traded on the Toronto Stock Exchange under the symbol DBO.

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

Contact Information

  • Guy Marcoux
    Vice-President of Marketing
    D-BOX Technologies Inc.
    450-442-3003 ext. 263
    gmarcoux@d-box.com

    Investor Relations
    Marc Jasmin CMA, President
    Jasmin Financial Communications
    514-231-2360
    marc@comjasmin.com