D-BOX Technologies Inc.

D-BOX Technologies Inc.

November 11, 2010 03:00 ET

D-BOX Technologies Signs Multi-Year Development and Sales Agreement to Incorporate its Motion Technology into WMS Industries' Products in the Casino Gaming Market

LONGUEUIL, QC, Nov. 11 -D-BOX Technologies Inc. (DBO.A on the TSX Venture Exchange), a leader in innovative motion technology, announced today a multi-year development and
sales agreement with US-based WMS Industries Inc., a leader in the design, manufacture and distribution of games and gaming machines to the global gaming industry. Under the terms of this agreement, D-BOX's realistic motion technology will be incorporated into future WMS products that will enable casino players to hear, see and feel their gaming experience. This agreement provides WMS with the capability to maintain exclusive rights to D-BOX's motion technology for casino gaming applications subject to the achievement of specific performance thresholds.

"We are very pleased with this multi-year agreement with WMS Industries and D-BOX's breakthrough into the casino gaming segment." declared Claude Mc Master, President and Chief Executive Officer of D-BOX Technologies. "Over the years, WMS has built a distinctive culture of innovation which aligns perfectly with D-BOX's own vision. This agreement also fits in very well with our strategy to expand outside our core segment of commercial theatre applications to other markets, allowing us to accelerate our growth based on the strengths and networks of quality business partners."

Commenting on behalf of WMS Industries, Larry Pacey, Executive Vice President - Global Products and Chief Innovation Officer of WMS, added: "As part of our ongoing player-driven focus, our creative teams continuously seek new and advanced technologies that will enable us to set new standards for innovation and gaming excitement. D-BOX Technologies has demonstrated innovative leadership in developing and utilizing motion technology, and this agreement will expand our range of capabilities.  We see D-BOX as a key collaborator in the future in establishing new entertainment experiences, and we look forward to building a strong relationship with them."

For additional details about D-BOX Technologies visit www.d-box.com, for additional details about WMS visit www.wms.com

About WMS Industries

WMS is engaged in serving the gaming industry worldwide by designing, manufacturing and distributing video and reel-spinning games and gaming machines, video lottery terminals, and in gaming operations, which consists of the placement of leased participation gaming machines in legal gaming venues. WMS is proactively addressing the next stage of casino gaming floor evolution with its WAGE-NET(R) networked gaming solution, a suite of system technologies and applications designed to increase the revenue generating capabilities and operational efficiency. More information on WMS can be found at www.wms.com or visit the Company on Facebook, Twitter or YouTube.

About D-BOX

D-BOX Technologies designs and manufactures leading edge high-technology motion systems mainly suited to the needs of the entertainment industry. With its unique, patented technology, D-BOX Motion CodeTM, uses motion effects specifically programmed for each film, TV series or video game, which are sent to a motion generating system integrated within either a platform or a seat. The resulting motion is perfectly synchronized with all onscreen action, creating an unmatched realistic, immersive experience. To date, D-BOX Motion CodeTM is available on more than 900 titles. Accordingly, many prominent Hollywood studios have started embedding D-BOX Motion CodeTM on selected high definition Blu-rayTM and theatrical releases. By reaching agreements with the leaders of both the motion picture and gaming industries, D-BOX's award-winning motion technology is gradually proving itself as a new global standard in the entertainment world. D-BOX is a publicly traded company listed on the TSX Venture exchange under the symbol DBO.A. For further information please see www.d-box.com

D-BOX(R) is a registered trademark and D-BOX Motion CodeTM is a trademark of D-BOX Technologies Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

 
   

 

 

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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, Partner
    Jasmin-Dumais Financial
    Communications
    514-231-2360
    marc@comjamais.com