GDC Technology Records Strong Sales of integrated Projection Systems in Southeast Asia in First Quarter 2015
CINEMACON, Las Vegas (April 23, 2015) –GDC Technology Limited (“GDC Technology”), a world-leading digital cinema solutions provider, is pleased to announce it recorded strong sales of its integrated projection systems in the Southeast Asia region in Q1 2015. GDC Technology’s relentless pursuit of and commitment to the development of technology innovation and advancement has affirmed its leading position in the region.
Despite the challenging market environment in the region, GDC delivered a strong first quarter. As of today, the sales of GDC’s integrated projection systems reached 67 units this year, in Southeast Asia alone.GDC’s integrated projection systems were shipped to Indonesia, Thailand, Laos, Cambodia, and Vietnam. GDC’s commitment to the region is the key to its success. In addition to the opening of the Network Operations Center in Singapore, GDC opened its first office in Indonesia last year making it the dominant digital cinema solution provider for three key local exhibitors now. Cinemaxx, a new cinema circuit in Indonesia owned by Lippo Group, is poised to become one of Indonesia’s largest and most preferred motion picture exhibitors with more than 1,000 screens and 150 locations planned across 77 cities.
“I am excited about the continued growth in our addressable market, and I am pleased with GDC’s increasing competitive advantage in Southeast Asia. Our investments in the region are aligned with evolving needs in these markets,” said Dr. Man–Nang Chong, founder, chairman, and CEO of GDC Technology. “Our commitment in this region has been reinforced with the establishment of a new office in Jakarta, Indonesia last year to better and more efficiently address customer needs, whereas GDC’s Network Operation Center in Singapore continues to provide the most responsive round–the-clock services to our customers in the region. Together with our experience and professional local services team, we expect GDC Technology will continue to be one of the most trusted names in digital cinema solutions.”
About GDC Technology Limited (www.gdc–tech.com)
GDC Technology Limited is a digital cinema solutions provider. GDC Technology develops, manufactures, and sells digital cinema servers, content storage systems, theatre management systems, and network operations center software for digital cinema. In addition, GDC Technology is the appointed worldwide certification services agent, with exclusivity in Asia to certify DTS:X immersive sound auditoriums for DTS, Inc. GDC Technology also provides a suite of digital cinema products and services, including integrated projection systems, 3D products, projector lamps, and silver screens. GDC Technology’s subsidiary, GDC Digital Cinema Network Limited, manages VPF for approximately 5,000 theatre screens and 250 motion picture distributors worldwide.
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