Moving iMage Technologies Announces Completion of International Project
February 21 2023 - 7:00AM
Business Wire
Moving iMage Technologies (NYSE American: MITQ) ("MiT"),
a leading cinema technology company, today announced it completed
an international project for a luxury auditorium at a dine-in
cinema in Reykjavik, Iceland.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230221005120/en/
Luxury Auditorium - Reykjavik, Iceland
(Photo: Business Wire)
“Part of our mid to long-term strategy is to expand beyond North
America into international markets,” said Joe Delgado, executive
vice president of sales and marketing. “While we believe the
mid-term opportunity lies in our emerging product lines, including
our CineQC SaaS platform, the MiTranslator and in Esports, today’s
announcement demonstrates that we have the capabilities to manage
projects and sell our higher margin proprietary manufactured
products internationally as well.”
MiT worked closely with Sambíó Cinemas' architect from the
beginning of the project to design the auditorium for both the
latest projection and sound technology and overall
acoustics/interior design. MiT also project managed and installed
the luxury cinema.
MiT equipped the luxury auditorium with the latest Barco SP4k
RGB laser projection and Dolby Atmos sound system. In addition, the
installation utilized MIT‘s proprietary manufactured products,
including its cinema-centric ALF LED lighting, ALMS dimmer and IS
power management products.
About Moving iMage Technologies MOVING iMAGE TECHNOLOGIES
(NYSE American: MITQ) is a leading technology, products, and
services provider to outside the home entertainment venues,
including the motion picture exhibition industry, Esports league
hosts and sports venues. We design, manufacture and sell
proprietary products and are developing, introducing, and
supporting a wide range of disruptive technologies including
SaaS/IoT platform 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. For more information, visit www.movingimagetech.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230221005120/en/
Moving iMage Technologies Investor Relations and Media
Contacts: Brian Siegel, IRC®, M.B.A. Senior Managing Director
Hayden IR (346) 396-8696 brian@haydenir.com
Moving iMage Technologies (AMEX:MITQ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Moving iMage Technologies (AMEX:MITQ)
Historical Stock Chart
From Apr 2023 to Apr 2024