Barco Partners with Ballantyne’s Strong Technical Services For Nationwide Digital Cinema Services
September 03 2009 - 7:05AM
Business Wire
Ballantyne Strong, Inc. (NYSE Amex: BTN), a global leader in
cinema projection products and services, and Barco, a global leader
in digital cinema technology, announced today the mutual signing of
a professional services agreement wherein Ballantyne’s industry
leading service organization, Strong Technical Services, Inc. (STS)
will provide Barco with digital cinema projection service and
support, including, but not limited to, on-site installation and
service as well as ongoing maintenance services for Barco’s
customers in the U.S. Financial terms were not disclosed for the
one-year, non-exclusive agreement with annual renewal options.
Ballantyne’s STS subsidiary was established in 2006 to serve the
growing digital cinema service demands in the market and is now
recognized as one of the largest and most capable digital cinema
service providers in the industry. STS has built a national team of
well qualified digital cinema projection field technicians
certified to install and service all digital network configurations
and related peripherals.
Todd Hoddick, Vice President of Digital Cinema at Barco N.A.,
commented, “Ballantyne’s Strong Technical Services group has
demonstrated industry-leading expertise and a customer service
orientation that echoes the commitment we make to each of our
customers. We could not partner with a better group to execute on
the growing variety of technologies and services our customers
require, and we look forward to a long and mutually beneficial
relationship.”
John P. Wilmers, President and Chief Executive Officer of
Ballantyne, commented, “Given Barco’s leadership in the digital
cinema industry, we are very excited to partner as their primary
digital cinema service provider in the U.S. and deliver the broad
array of specialized services required for the ongoing rollout of
digital projection equipment. Over the past year Barco has
delivered a very high level of training and ongoing support for our
field service technicians, ensuring they have the cutting edge
knowledge and experience to seamlessly install and maintain Barco’s
full line of digital cinema solutions. This agreement reflects both
organizations’ unwavering commitment to putting the needs of our
customers first, and we are excited about forging a strong,
long-term partnership.”
About Barco:
Barco, a global technology company, designs and develops
visualization products for a variety of selected professional
markets. Barco has its own facilities for Sales & Marketing,
Customer Support, R&D and Manufacturing in Europe, North
America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is
active in more than 90 countries with about 3300 employees
worldwide. Barco posted sales of 725 million euro in 2008.
About Ballantyne Strong:
Ballantyne Strong, Inc. (formally known as Ballantyne of Omaha,
Inc.) is a leading provider of digital and analog cinema projection
products and services to the cinema exhibition industry. The
Company’s Strong Technical Services subsidiary is a leading
provider of cinema projection services in North America. For more
information visit www.ballantyne-strong.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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