Moving iMage Technologies (MiT) Receives Award for New Crystal City Virginia Alamo Drafthouse Location
October 21 2021 - 6:00AM
Business Wire
Marks the 5th Alamo Drafthouse location award
from this ownership group and 39th overall Alamo Drafthouse
equipped by MiT
New Alamo Theater Currently Scheduled to Open
in Summer 2022
Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading
digital cinema technology company, today announced it has won an
award to provide equipment and furnishings for the new Alamo
Crystal City location in Crystal City, VA.
“We are extremely happy to continue our strong relationship with
co-owners Anthony Coco and Joseph Edwards,” said Jerry Van de Rydt,
senior vice president of furniture, fixtures and equipment (FFE)
sales for MiT. “We pride ourselves on providing the latest
technology solutions and highest levels of service, and this
follow-on award demonstrates the strength of our partnership with
the ownership group.”
Set to be located at 1660 Crystal Drive, the 9-screen,
50,000-square-foot Alamo Drafthouse will be the 39th location
equipped by MiT. The site includes a 65-foot-wide Alamo Big Show
PLF screen equipped with a Dolby Atmos immersive sound system. All
screens will be equipped with high-efficiency and high-performance
4k RGB laser projectors along with MiTs energy management IS-20D
and IS-30 products.
About Moving iMage Technologies
Moving iMage Technologies is a leading manufacturer and
integrator of purpose-built technology and equipment to support a
wide variety of entertainment applications, with a focus on motion
picture exhibition. MiT offers a wide range of products and
services, including custom engineering, systems design, integration
and installation, enterprise software solution, digital cinema, A/V
integration, as well as customized solutions for emerging
entertainment technology. MiT’s Caddy Products division designs and
sells proprietary cup-holder and other seating-based products and
lighting systems for theaters and stadiums. For more information,
visit www.movingimagetech.com.
About Alamo Drafthouse Cinema
Alamo Drafthouse Cinema is a high-end American dine-in cinema
chain founded in 1997 in Austin, Texas, that is famous for serving
dinner and drinks during the movies. The Alamo Drafthouse Cinemas
provides a unique combination of theatre and restaurant, showing
first-run & independent films and special programming events
with an extensive menu made from scratch in a state-of-the-art
culinary kitchen. Customers order all food and drinks from servers
who quietly attend to them throughout the movie. Customers are
encouraged to arrive early to enjoy the pre-show entertainment.
Instead of a barrage of advertising, a pre-show of rare (and often
hilarious) clips are shown that change on a regular basis, often
tailored specifically to the feature film.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including, but not limited to, the
timing of the opening of the Alamo Drafthouse Cinema location.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including the
timing of the opening of the new theater, potential project delays
or cancellations and those set forth in the Risk Factors section of
the Company's registration statement and preliminary prospectus for
the Company's offering filed with the SEC. Copies of these
documents are available on the SEC's website, www.sec.gov. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20211021005081/en/
Investor Relations and Media Contacts: Brian Siegel, IRC®,
M.B.A. Managing Director Hayden IR (346) 396-8696
brian@haydenir.com
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