Marcus Theatres(R) Purchases 13 NEC Digital Cinema Projectors from Ballantyne's Strong Digital Systems Division
June 16 2008 - 8:34AM
Business Wire
Ballantyne of Omaha, Inc. (Amex: BTN), a provider of motion picture
projection, digital cinema and cinema screen equipment and
services, announced today that Marcus Theatres�, a division of The
Marcus Corporation (NYSE: MCS) and seventh largest U.S. theatre
circuit, has purchased thirteen NEC STARUS� NC2500S Digital Cinema
projector systems from Ballantyne�s Strong Digital Systems (SDS)
division. Financial terms were not disclosed. The systems are being
deployed in cinema complexes in six different states as Marcus
expands its installed base of digital projectors and 3-D digital
capabilities. Four of the thirteen systems were already installed
for purposes of evaluation, and the remaining nine projectors
should be installed over the next month. The purchases are planned
to support the July 11th release of New Line Cinema�s feature 3-D
film Journey To The Center Of The Earth. John P. Wilmers, President
and Chief Executive Officer of Ballantyne of Omaha, commented,
�Marcus Theatres is a prime customer of our Company that we have
worked closely with for over twenty years. We are pleased to extend
our relationship with them through this sale and welcome the
industry leadership Marcus is demonstrating through their
investment in digital projection technology. We are confident that
armed with state-of-the-art NEC STARUS digital projectors with 3-D
capabilities, Marcus Theatres will provide one of the best theater
experiences available in the market today.� About Marcus Theatres
Marcus Theatres�, a division of The Marcus Corporation (NYSE: MCS),
is the seventh largest theatre circuit in the United States and
currently owns or manages 678 screens at 56 locations in Wisconsin,
Illinois, Minnesota, Ohio, North Dakota, Iowa and Nebraska, and one
family entertainment center in Wisconsin. Headquartered in
Milwaukee, Wisconsin, The Marcus Corporation is a leader in the
lodging and entertainment industries. In addition to its Marcus
Theatres� division, the company�s lodging division, Marcus Hotels
and Resorts, owns or manages 20 hotels, resorts and other
properties in ten states, with three additional properties under
development. For more information, visit the company�s web site at
www.marcuscorp.com. About Ballantyne of Omaha Ballantyne is a
provider of motion picture projection, digital cinema projection
and specialty lighting equipment and services. The Company supplies
major theater chains, top arenas, television and motion picture
production studios, theme parks and architectural sites around the
world. For more information visit www.ballantyne-omaha.com. Except
for the historical information in this press release, it includes
forward-looking statements that involve risks and uncertainties,
including but not limited to, quarterly fluctuations in results;
customer demand for the Company�s products; the development of new
technology for alternate means of motion picture presentation;
domestic and international economic conditions; the management of
growth; and other risks detailed from time to time in the Company�s
Securities and Exchange Commission filings. Actual results may
differ materially from management�s expectations.
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