Cinedigm Digital Cinema has announced that the Georgia Theatre Company will participate in Cinedigm's Phase 2 digital cinema deployment program. Georgia will purchase its own equipment and Cinedigm will manage the virtual print fees for a ten-year term for 257 screens at 23 locations. In Phase 2 Cinedigm has created an exhibitor-buyer financing option for exhibitors. When exhibitors choose this option they select and purchase their own equipment and Cinedigm manages billing and collection of VPFs from movie distributors receiving a fee for doing so. Exhibitors such as Georgia who select this option install Cinedigm certified fully-networked digital cinema systems using one of the digital cinema equipment manufacturers with whom Cinedigm has agreements: Barco Christie or NEC. Georgia will use Christie Digital Systems and Christie's Managed Services Division. Georgia Theatre Company has always prided itself on providing state-of-the-art facilities says Bill Stembler chairman and CEO of Georgia Theatre Company. We are excited to be partnering with Cinedigm and Christie to bring the highest quality digital experience to our customers. Bud Mayo chairman and CEO of Cinedigm says As the transition to digital cinema evolves Cinedigm evolves. The exhibitor-buyer option within the Phase 2 deployment plan is a fine example. Georgia Theatre Company's enthusiasm for providing an excellent experience for its patrons is one of the many reasons we are confident that this conversion will continue to gain momentum. Georgia Theatre Company is one of the most respected companies in the greatest traditions of the exhibition industry says Chuck Goldwater president of Cinedigm's Media Services Group. We are excited and proud to be working with Bill and Aubrey and their team to help them make the transition to digital cinema and achieve all the benefits and goals they want for their customers. Cinedigm www.cinedigm.com
