GDC and RealD partner to deliver 3D cinema to Asia
ShoWest, Las Vegas (April 1, 2009) – GDC Technology (“GDC”), a leading digital cinema solution provider, and RealD, the global leader in providing 3D to cinema, announced today that they have entered into an agreement whereby GDC will become a distributor for RealD’s 3D systems in Asia. Under the non-exclusive agreement, GDC will work with RealD in territories such as China, Hong Kong, Taiwan, Thailand, Indonesia, and Singapore.
GDC will be a representative for RealD’s 3D systems, covering sales inquiries, technical support, maintenance, installation, marketing support, and on-going operations. GDC has gotten off to a good start in successfully securing deployment deals with two largest cinema chains in Hong Kong: Broadway Circuit and UA Cinemas.
Coupled with GDC’s own range of excellent digital cinema products and the recently signed VPF agreements with major Hollywood studios, the RealD distributorship is a significant new addition to GDC’s repertoire of product and service offerings. GDC is undoubtedly now the only company that can provide Asian cinema exhibitors an unprecedented level of one stop solutions to meet all their needs for digital conversion and 3D digital cinema.
“RealD is a global brand with our cinema system driving the digital 3D revolution that’s taking the world by storm,” said Michael V. Lewis, chairman and CEO of RealD. “Working with a respected company like GDC willcontinue to accelerate our growth in Asia, filling the high consumer demand for the RealD 3D viewing experience.”
“Exhibitors and distributors are embracing 3D due to its overwhelming popularity and proven revenuegenerating ability,” said Dr Man-Nang Chong, founder and CEO of GDC Technology. “There is undoubtedly a rising demand for 3D in Asia; GDC will be in a strong position to tap into this opportunity by forging a partnership with RealD, who is the undisputed leader with the largest share of the 3D market worldwide.”
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
About GDC Technology (website: www.gdc-tech.com)
GDC Technology (“GDC”) is a subsidiary of the Hong Kong publicly listed company – Global Digital Creations Holdings Limited. GDC is one of the leading solution providers for digital cinema, media delivery and display markets. GDC has successfully delivered and installed over 1000 operating digital cinema servers worldwide, including Austria, Africa, China, Germany, Hong Kong, India, Indonesia, Korea, Singapore, Slovakia, Slovenia, Spain, Switzerland, Taiwan, Thailand, the Netherlands, the Philippines, the US and UK. More than 500 feature titles have been released digitally on GDC’s Digital Cinema Servers.
About RealD (http://www.reald.com)
RealD is the global leader in 3D, bringing the most advanced and lifelike digital 3D experience to cinemas worldwide. RealD’s next-generation technology, deployed across the world’s largest 3D platform, provides a stunningly realistic viewing experience. Beyond cinema, RealD is the worldwide inventor and provider of key stereoscopic technologies used in science, manufacturing, marketing, and other industries, with thirty years of scientific development behind its systems. RealD’s mission-critical 3D visualization technologies are used by organizations such as NASA, Pfizer, BMW, Boeing and more.
GDC Media Contact:
Fax: +1 818 972 4374
RealD Media Contact:
Fax. +1 310 339-9347