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30/03/2004

Barco and Cinemeccanica sign letter of intent

Barco and Cinemeccanica have signed a letter of intent to cooperate in the commercial product development of an OEM digital cinema solution, incorporating Barco’s 2k technology.
The agreement marks Cinemeccanica’s formal entry into the digital cinema market, following a long and successful history as one of the worlds leading providers of 35mm projectors, and comes after a year in which the company has experienced an increasing demand for digital cinema solutions and successfully completed its pioneering Digital Cinema installation in Bratislava, Slovakia.
Commenting on the agreement to work with Cinemeccanica, Sjoerd De Clerk, Managing Director of Barco Digital Cinema, said: “We are delighted to support Cinemeccanica in this first step into their digital future and to be associated with a company of such fine reputation in the traditional Cinema business. We welcome their entry into the digital business at this time and are looking forward to sharing in its success.”
Confirming that Cinemeccanica decision was driven by an increasing number of requests from its traditional Exhibitor customer base, Vittore Nicelli, Managing Director, added: “Cinemeccanica look forward to enhancing its customer relations though the strengthening of its range and providing the benefit of their experience in both 35mm and digital solutions. We are delighted to be cooperating with Barco and look forward to a long and productive relationship”
(GB)
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