SOURCE: Nordisk Film Cinemas

Nordisk Film Cinemas

SOURCE: Vista Group International Ltd

Vista Group International Ltd

SOURCE: Vista Entertainment Solutions

Vista Entertainment Solutions logo

October 20, 2015 12:08 ET

Vista Entertainment Solutions, a Vista Group International Company, Signs Agreement With Nordisk Film Cinemas

Cinema Software Supply Agreement With the Largest Cinema Exhibitor in Norway Marks Auspicious Entry Into the Nordic Region for Global Leader in Cinema Software

AUCKLAND, NEW ZEALAND and COPENHAGEN, DENMARK--(Marketwired - October 20, 2015) - Vista Entertainment Solutions (VES), a company of Vista Group International (NZSE: VGL) (ASX: VGI), has signed an agreement with Nordisk Film Cinemas, the largest cinema chain in Norway with 71 screens in 20 theaters. The supply agreement is the very first for VES in Scandinavia, adding to a formidable list of VES installations worldwide. The announcement was made by Mischa Kay, Managing Director, VES EMEA, and Jannicke Haugen, Managing Director of Nordisk Film Cinemas, as the first Nordisk cinema 'went live' with VES software this week.

VES is the core business of Vista Group and the leading global supplier of software to the cinema industry's Large Circuit Market (cinema exhibitors operating more than 20 screens) with software installed at more than 4,000 sites in over 60 countries, and selling an estimated 1 billion tickets every year. VES is the global leader in its field: it has 37% market share in North America; 8% in China (a territory entered relatively recently); 95% in Mexico and 53% in the United Kingdom.

"VES undoubtedly has the leading cinema software system in the world," states Ms. Haugen. "With a 40% market share worldwide, VES has the expertise, best practices and technical advancements to improve our functionality and tailor offers to individual guests. We're confident VES will enhance the theatrical experience for our customers as well as create a more fluid system for our staff leading to increased economic benefit for our company."

"Nordisk Film Cinemas is the gold standard among cinema chains in the region," says Mr Kay. "The roll-out of the first Nordisk cinema earlier this month was more than exciting for us and we are honoured that Nordisk has chosen to partner with VES for their cinema management software needs. We look forward to a very enjoyable and profitable future together."

About Nordisk Film:
Nordisk Film is part of the Egmont Group and is the leading Nordic developer, producer and distributor of cinema content within movies and video games. Nordisk Film holds the Nordic distribution rights to Sony PlayStation and owns movie theaters in Denmark and Norway. The company also supplies production and post-production facilities to a number of Scandinavian film companies. The company employs a staff of 1,400 in the Nordic region.

About Vista Entertainment Solutions
Vista Entertainment Solutions Ltd (VES) is the world-leader in cinema management software solutions with installations in over 60 countries across all continents and an estimated 38% global market share in the Large Cinema Circuit market. The Vista software product line is suited to cinema exhibitor's operating 20+ screens and up to 100's of cinemas; it comprises a fully inter-connected suite of software modules required to deliver optimal box office return, total cinema management, and internal and external analysis and reporting. VES is head-quartered in Auckland, New Zealand and has subsidiaries incorporated in Los Angeles, London, and Shanghai.
Twitter: @VistaCinema

About Vista Group International
Vista Group International (Vista Group) is a public company, listed on both the New Zealand and Australian stock exchanges (NZSE: VGL) (ASX: VGI). Vista Group provides cinema management, film distribution and customer analytics software to companies across the global film industry. Cinema management software is provided by Vista Entertainment Solutions, the core business of the Group. Movio (data analytics), Veezi (cloud-based SaaS software for the Independent Circuit Market), MACCS International (film distribution software), which already works with Nordisk, and Numero (box office reporting software for film distributors and cinemas) provide products that leverage the success of this platform into other parts of the film industry; from production and distribution, to cinema exhibition through to the moviegoer experience. Vista Group has over 300 staff across six offices in New Zealand (Auckland headquarters), Australia, the USA, the UK, the Netherlands, and China.

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