Ballantyne Expands Digital Cinema Distribution Footprint into Singapore, Malaysia and Indonesia
December 31 2008 - 8:36AM
Business Wire
Ballantyne of Omaha, Inc. (NYSE Alternext US: BTN), a provider of
cinema equipment and services, reported today that its cinema
products distribution subsidiary, Strong Westrex Company, Asia, has
secured distribution rights for the NEC Starus� Line of digital
cinema projectors from NEC Display Solutions, Japan for three
additional Asian territories. Strong Westrex Company, Asia has been
granted a license to distribute NEC�s digital cinema projectors in
Singapore, Malaysia and Indonesia. Strong Westrex will also provide
sales training, service and support for all digital cinema products
sold in these three territories. The new territories build upon
Strong Westrex�s existing NEC Starus distribution rights for Hong
Kong, Macau and Mainland China, as well as Ballantyne�s digital
cinema projector master reseller agreement with NEC Corporation of
America for North and South America. Ballantyne president and CEO,
John P. Wilmers, commented, �These new territories represent a
market opportunity of approximately 1,300 cinema screens, only a
small number of which have already been converted to digital
cinema. We are pleased to expand our partnership with NEC to serve
the needs of customers in these countries as they move to digital
projection technology. Importantly, Strong Westrex maintains a 40+
year-old reputations for quality cinema products and excellent
customer service.� About Ballantyne of Omaha Ballantyne is a
provider of motion picture projection, digital cinema projection,
cinema screen technology 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. Ballantyne assumes no obligation to
publicly update or revise any forward-looking statements.
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