Moving iMage Technologies Announces Approval of Direct View LED Frame Patent
October 12 2022 - 7:00AM
Business Wire
Moving iMage Technologies (NYSE American: MITQ) ("MiT"),
a leading digital cinema technology company, announced today that
the United States Patent Office has granted MiT a patent covering a
proprietary design for Direct View LED screen frames in
cinemas.
The frame was designed by David Richards, MiT co-founder and
senior vice president of Engineering, to address specific needs of
this new technology as it applies to the cinema theater. The first
MiT frame of this type was installed in Richmond, Texas in 2019.
Another installation was completed in Buena Park, California this
year.
“Direct View LED displays have been used in entertainment for
several years now, but usually in temporary concert installations,”
said Richards. “The Direct View LED technology only became viable
for permanent installation in a movie theater in 2019, which
created a need for a robust and reliable frame system to support
it.”
“Direct View LED displays in cinema are the next generation of
screen technology, and MiT plans to be at the forefront in helping
our customers implement it,” said Bevan Wright, executive vice
president, operations at MiT. “While it is still very early days in
the adoption cycle for Direct View LED displays in cinema, with
only four premium screens installed in North America to date, this
is the technology of the future due to the vastly superior visual
improvements and custom-sound experience relative to today’s
technologies. As the market matures over the next 5 plus years, MiT
is well positioned to benefit from more customers installing Direct
View LED screens in their theaters.”
The US Patent Office issued MiT and Richards patent number
11,436,952 relating to a DIRECT VIEW LED STAND FOR CINEMA THEATERS
AND ACCESSORIES.
About Moving iMage Technologies
MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) is a leading
provider of technology, products, and services to the Motion
Picture Exhibition industry. We sell proprietary products, which we
design and manufacture in-house, and are developing, introducing,
and supporting a wide range of disruptive technologies that will
bring SaaS and subscription-based products. Our Caddy brand of
proprietary products is a leading provider of proprietary cup
holders, trays, and other products to entertainment and sports
venues. Based in Fountain Valley California, our 28,000 sq. ft.
facility is home to our corporate offices, engineering &
manufacturing, distribution, integration, and service and support
divisions. Our strategic location is augmented by a global network
of service partners & OEM manufacturers. For more information,
visit www.movingimagetech.com.
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Contacts: Brian Siegel, IRC®, M.B.A. Senior Managing Director
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