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05/08/2005

QuVIS receives funding from Seacoast Capital Partners

QuVIS, a leading developer and manufacturer of high fidelity digital motion imaging equipment, has announced that Seacoast Capital Partners is providing funding to further accelerate and expand QuVIS' leadership and production capabilities to support growing worldwide demand of the company's patented wavelet based imaging solutions.
"We are very pleased with this financial vote of confidence in QuVIS technology and business potential from Seacoast Capital, and with the assistance they have provided to help QuVIS achieve its business goals," Kenbe Goertzen, QuVIS' President and CEO, said.
Since providing the first digital cinema showing in motion picture history in 1999, QuVIS Inc. has been the leading provider of cutting edge motion imaging technology providing digital solutions based on Quality Priority Encoding, (QPE") a patented real-time recording process that guarantees image quality at user-definable levels. Recently, after extensive trials by competing imaging technologies, QuVIS' technology was chosen to provide state of art image acquisition for NASA's Return to Flight program, and is currently being installed as the playback device of choice for the UK Film Council's 250 screen d-cinema network.
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