Tokyo—Jul 12, 2011
GDC Signs a D-Cinema Deployment Deal with Leading Japanese Film Distribution Company, Toho Co., Ltd.
GDC Technology (“GDC”), a world leading digital cinema solution provider, is pleased to announce today the signing of a digital system agreement with Toho Co., Ltd. (“Toho”), a leading Japanese entertainment company involved in film distribution.
Under the non-exclusive agreement, Toho will pay usage fees for any of its exhibitors signed up with GDC and its partners. The agreement solely applies to equipment installations carried out before 31 March 2014, and is limited to Japan.
“The VPF agreement with Toho is a major accomplishment for GDC, as it is among our first in a series of Japanese deals with distributors,” said Dr. Man-Nang Chong, founder and CEO of GDC Technology. “This is just the beginning of GDC’s foray into the Japan market, and we are looking forward to partnering with more and more exhibitors as part of our program. Renowned for cutting edge technology, GDC’s digital cinema products simply belong in Japan, and we are proud to help make it happen.”