Kinopolis FTT and XDC Reach Agreement to Deploy 123 Digital Cinema Systems

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Thu, 07/29/2010 - 20:00 -- Nick Dager

German exhibitor Kinopolis German digital cinema service provider FTT in Germany and XDC have basically agreed on the terms for a deployment of 123 digital cinema systems at 15 cinemas.   Dr. Gregory Theile managing partner of Kinopolis says “We are delighted to have found in XDC/FTT a competent experienced and reliable partner for the conversion of our cinemas to digital cinema. The model offered by XDC represents the best solution in the market as far as our particular requirements are concerned and so we explicitly opted for this long-standing partnership. As the first cinema circuit in Germany we are setting the course for the digital future of the cinema by consistently equipping our cinemas with digital projection systems. The installations will already start this year and will be completed by the end of next year.”   Serge Plasch XDC’s chief executive officer says “After Kieft Group having this second major VPF deal in Germany is for XDC a very important milestone since Germany has always been a key market in our strategy. Kinopolis is a much respected exhibition circuit and we are very proud to have been selected for their digital roll out plan. This agreement also demonstrates the solidity of our business model which is the only one able to offer agreement with all the six majors US studios easy available financing and advanced knowledge in digital cinema technology.  Moreover this new deal results of the perfect integration and cooperation with FTT which has now the most comprehensive experience in digital cinema in Germany.’’   Egon Gräfen FTT’s managing director says “Kinopolis has already been among our major customers for a long time. We are therefore very proud that they have chosen us as their technical integrator and that we will also be able to continue our longstanding business relationship in the digital era.”