D-BOX Technologies Inc.

D-BOX Technologies Inc.

July 26, 2011 03:00 ET

D-BOX Technologies Signs New Agreement with Florida-based Paragon Theatres

LONGUEUIL, QC, July 26, 2011 - D-BOX Technologies Inc. (TSX:DBO), a leader in innovative motion technology, announced today its first agreement with Paragon Theatres to equip the Paragon Odyssey 15 in Burnsville, Minn. with 32 D-BOX MFX Seats.

"On the heels of a record-breaking week with the release of Harry Potter, we are delighted to name Paragon as our newest exhibitor," said President and CEO of D-BOX Technologies, Claude Mc Master.

The Paragon Odyssey 15 will unveil its D-BOX MFX Seats July 29th, with the recently released epic motion picture, Harry Potter and the Deathly Hallows: Part 2.

"At Paragon we are committed to providing the highest quality entertainment experience utilizing the greatest digital and audio technologies," said CEO of Paragon Theatres, Michael Whalen. "Now that we offer D-BOX motion technology, our guests will not only see an incredible picture complemented by exceptional sound, but feel the onscreen action directly from their D-BOX seats."

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

ABOUT PARAGON THEATERS

Paragon has produced one of a kind entertainment destinations by utilizing the latest technology and amenities such as expanded food offerings, restaurants and bar/lounges, reserved and VIP seating, ancillary entertainment including bowling and expanded arcades, and most important, superior customer service. Paragon strives to create "affordable luxury" within its theaters.

Paragon currently has five theaters open and more in the works. The first theater, which opened in April 2010 through a partnership with Splitsville Luxury Lanes, is a 70,000 sq. foot entertainment center in Fredericksburg, VA. The second theater opened in June 2010 in CocoWalk (Coconut Grove, Miami). The site saw a $4 million upgrade to include stadium seating, high-definition Sony 4k digital projection with 3D, all reserved VIP seating, beer and wine offered at concessions, and the Backlot Wine Bar & Lounge and Prestige Audi private screening room.

More recently, Paragon acquired two locations in Minnesota and took over the Sunrise Cinema in Deerfield Beach, FL. The Paragon Odyssey 15 in Burnsville, MN boasts a 70-foot Pepsi Max giant screen and all-digital Sony 4K projection. New amenities will soon include VIP Premiere 21-and over seating, and the activation of a large restaurant. The second Minnesota location, the Paragon Chateau 14 in Rochester was upgraded with all-digital Sony 4k projection, an extensive interior renovation, and the addition of a full feature bar-lounge. The Deerfield location will see the installation of Sony 4k digital projection as well as a full lobby renovation in fall, 2011.

About D-BOX

D-BOX Technologies designs, manufactures and commercializes leading edge technology motion systems mainly for the entertainment and simulation industries. With its unique, patented technology, D-BOX Motion CodeTM, motion effects are specifically programmed for each visual content and sent to a motion generating system integrated within either a platform or a seat. The resulting motion is perfectly synchronized with the onscreen content, creating an unmatched realistic, immersive experience. To date, major Hollywood Studios have D-BOX Motion CodeTM available on feature films, DVDs and Blu-raysTM. 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 publicly traded company listed on the TSX exchange under the symbol DBO. 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.

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