D-BOX Celebrates 20 Years of Success and Looks Forward to Future Growth
April 23 2018 - 5:00PM
D-BOX Technologies Inc. (TSX:DBO), a world leader in immersive
entertainment experiences is proud to celebrate its 20th
anniversary this year, capping a remarkable string of successes for
the company all over the world.
D-BOX started in 1998 with the release of their high-end home
theatre system built by a team of motion designers and engineers.
The remarkable success and widespread interest, propelled the
intrepid team of maestros to remaster their patented motion
technology for movie theatres. In no time, it quickly became the
blueprint for a success story that has reached the four corners of
the world.
Once a pioneer and now a true leader, D-BOX has solidified its
presence on 670 screens in 40 countries becoming the go-to choice
for discerning movie-goers of all ages seeking unforgettable and
unique entertainment experiences. Over the years, D-BOX has built
strong relationships with a long list of major Hollywood studios.
Since 2009, more than 250 films have been motion coded with D-BOX
technology, including recent blockbusters such as Star Wars, Fast
and Furious, and Black Panther.
Flexibility meets profitabilityA large part of
the company’s popularity with exhibitors can be attributed to the
reliability, modularity and easy installation of the seats in
virtually any type of auditorium setting. What’s more, the
guaranteed increase in concession stand sales combined with the
boost in box office revenue have made D-BOX a highly profitable
addition to every venue. In the past year alone, the company
recorded a 24% increase in tickets sales at large and small
theatres across Canada, the United States, South America, Asia and
more. The recent upsurge in moviegoers searching for an evening of
premium entertainment has also pushed demand for their recliner
motion seats upwards by more than 175%.
The future of entertainmentThe movie industry
isn’t the only sector in which the technology has excelled over the
years. The company recently launched the very first D-BOX VR
experience at the Cineplex Scotiabank theatres in Ottawa in 2017 to
great fanfare.
In fact, D-BOX has been gaining widespread popularity amongst VR
developers who are utilizing the motion technology to deliver a
more realistic experience and help curb the motion dizziness often
associated with virtual reality.
One example of this incredible effect can be found in the NFL
Times Square Experience created in collaboration with Cirque du
Soleil. This permanent attraction features 188 motion seats
meticulously synced with NFL Films exclusive content to give sports
fans an unbelievably real feel for what it’s like to be a player in
the game.
In addition to their 20 year anniversary, D-BOX is also
celebrating another milestone: a 15-year strategic partnership with
industry leading corporation, Triotech. The Canadian company
specializes in multi-sensory interactive attractions that are
amazing audiences all over the world. For their most recent
collaboration, D-BOX is proud to have played a role in the
development of The Flyer – San Francisco, the world’s first 3D
flying theatre at Pier 39. The attraction recreates an
unforgettable flying experience that literally has audiences on the
edge of their motion seats. Not surprisingly, The Flyer was named
one of the 12 most anticipated theme park rides of the year
according to USA today.
On the international stage, D-BOX worked with CL Corporation, an
innovative French company specializing in producing interactive and
immersive entertainment concepts for amusement parks and more.
This collaboration is just one example of the incredible
flexibility and range of possibilities that D-BOX motion technology
can offer. The entertainment leader also integrated its motion
technology into 130 seats in the biggest 4D dome theatre in the
world at the Shinhwa theme Park in South Korea. More recently,
D-BOX had the opportunity to utilize their motion system technology
in 128 seats at the Antibes Marineland 4D cinema - much to the
delight of patrons.
“The accomplishments that we have had over two decades and the
incredible possibilities that stand before us are truly something
to celebrate,” states Claude Mc Master, President and CEO of D-BOX.
“Of course, we couldn’t have achieved any of it without the hard
work of our employees, who are resolutely committed to building our
brand and helping us redefine the entertainment experience all over
the world. And of course, no thank you would be complete
without mentioning our partners and shareholders who have believed
in us from day one.”
With so many successes, it’s not surprising that the future
holds so much promise for D-BOX and its unique motion
technology. Moving forward, the company is focused on
building new partnerships, developing exciting, unique projects and
creating more ways to enhance the way people experience
entertainment.
about D-BOX D-BOX redefines and
creates hyper-realistic, immersive entertainment experiences
by moving the body and sparking the imagination through motion.
This expertise is one of the reasons why D-BOX has collaborated
with some of the best companies in the world to
deliver new ways to enhance great stories. Whether it’s
movies, video games, virtual reality applications, themed
entertainment or professional simulation, D-BOX mission is to move
the world.
D-BOX Technologies Inc. is a publicly traded Canadian company
listed on the Toronto Stock Exchange (TSX:DBO). The head
office is located in Montreal and offices are based in Los Angeles,
USA and Beijing, China. D-BOX is present in 40 countries in over
670 screens in the world. www.d-box.com
For further information, please contact:
D-BOX TECHNOLOGIES INC.Violaine
BoucherCommunications Manager(450) 442-3003 ext.
233vboucher@d-box.com
INVESTOR RELATIONS Mr. Glen AkselrodFounder
Bristol Capital Ltd.(905) 326-1888, ext. 10glen@bristolir.com
A photo accompanying this announcement is available at
http://resource.globenewswire.com/Resource/Download/fb41610f-0d78-48dc-800f-27829013aa2c
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