Kuurne & Milano—Mar 30, 2004
Barco and Cinemeccanica sign letter of intent
Barco and Cinemeccanica are today pleased to announce that they have signed a letter of intent to cooperate in the future of Digital Cinema.
Under the agreement Barco and Cinemeccanica will cooperate in the commercial
product development of an OEM digital cinema solution incorporating Barco’s 2k
technology, which is based on TI’s DLP Cinema™ technology.
The agreement marks Cinemeccanica’s formal entry into the digital cinema market
following a long and successful history as one of the worlds leading providers
of 35mm projectors, and after a year in which the company has experienced an
increasing demand for digital cinema solutions and successfully completed its
pioneering Digital Cinema installation in Bratislava, Slovakia.
Commenting on the agreement to work with Cinemeccanica, Sjoerd De Clerk,
Managing Director of Barco Digital Cinema, stated: “We are delighted to support
Cinemeccanica in this first step into their digital future and to be associated
with a company of such fine reputation in the traditional Cinema business. We
welcome their entry into the digital business at this time and are looking
forward to sharing in its success.“
Confirming that Cinemeccanica decision was driven by an increasing number of
requests from its traditional Exhibitor customer base Vittore Nicelli, Managing
Director, added “that Cinemeccanica looked forward to enhancing its customer
relations though the strengthening of its range and providing the benefit of
their experience in both 35mm and digital solutions. We are delighted to be
cooperating with Barco and look forward to a long and productive relationship”