Moving iMage Technologies Wins Award to Provide Equipment for New Alamo Drafthouse Cinema Location in St. Louis
October 14 2021 - 8:30AM
Business Wire
New St. Louis location currently scheduled to
open in Summer 2022
Location marks the 38th Alamo location to be
equipped by MiT
Moving iMage Technologies (NYSE American: MITQ) (“MiT”),
a leading digital cinema technology company, today announced it has
been awarded the contract from Alamo Drafthouse Cinema to provide
equipment and furnishings for the new Alamo Drafthouse – City
Foundry in St. Louis, MO.
“We are excited to expand our relationship with Alamo and its
franchisees to provide a superior cinema experience for their
customers,” said Bevan Wright, executive vice president, operations
at MiT. “As more consumers return to theatres, we believe that new,
state-of-the-art theatres with strong amenities like the Alamo St.
Louis – City Foundry location will flourish, and MiT will continue
to support our customers in their success.”
John Martin and Marc Evans, franchise owners and managing
partners of Rock Ridge Principals, operator of the Alamo Drafthouse
– City Foundry stated, “Their past experience supporting our growth
with Alamo was second to none in the industry, so MiT was the
logical choice to be our technology provider for this new
site.”
As part of the agreement with Alamo Drafthouse City Foundry, MiT
will provide, install and project manage all projection and sound
equipment for a new ten-screen state-of-the-art cinema, which is
currently scheduled to open in Summer 2022. The equipment will
include a full complement of MiT manufactured products—bases,
dimmers, automations, power filtering and AV distribution
electronics.
The advanced network integrated Max Flex AV system being
installed here by MiT allows simultaneous broadcasting of events to
multiple auditoriums inside the theatre for eSports, concerts and
other streaming live events. This technology enables additional
revenue streams for the exhibitor by maximizing the use of the
digital cinema network infrastructure.
In connection with this project, MiT will also be providing,
integrating and installing projection and audio cinema products
from Barco, Dolby, QSC and GDC, along with auditorium interior
finishes, including screens, drapery, carpeting and LED aisle
lighting.
About Moving iMage Technologies
Moving iMage Technologies is a leading manufacturer and
integrator of purpose-built technology solutions and equipment to
support a wide variety of entertainment applications, with a focus
on motion picture exhibition. MiT offers a wide range of products
and services, including custom engineering, systems design,
integration and installation, enterprise software solution, digital
cinema, A/V integration, as well as customized solutions for
emerging entertainment technology. MiT’s Caddy Products division
designs and sells proprietary cup-holder and other seating-based
products and lighting systems for theaters and stadiums. For more
information, visit www.movingimagetech.com.
About Alamo Drafthouse Cinema
Alamo Drafthouse Cinema is a high-end American dine-in cinema
chain founded in 1997 in Austin, Texas, that is famous for serving
dinner and drinks during the movies. Each Alamo Drafthouse
location’s menu features burgers, pizzas, salads, snacks and
desserts prepared fresh from locally sourced ingredients. Plus, our
chefs regularly create special menus inspired by classic cinema and
big upcoming blockbusters.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including, but not limited to, the
timing of the opening of the Alamo Drafthouse Cinema location.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including the
timing of the opening of the new theater, potential project delays
or cancellations and those set forth in the Risk Factors section of
the Company's registration statement and preliminary prospectus for
the Company's offering filed with the SEC. Copies of these
documents are available on the SEC's website, www.sec.gov. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20211014005024/en/
Investor Relations and Media Contact: Brian Siegel, IRC®, M.B.A.
Managing Director Hayden IR (346) 396-8696 brian@haydenir.com
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