Innovative motion technology developer D-BOX Technologies Inc. has announced its first agreement with Luxor Cinema Chain, the fourth largest theatre circuit in Russia, for the installation of 141 D-BOX MFX Systems in six locations. This agreement marks the first sale of D-BOX MFX Systems for commercial theatre use in Russia and will also generate licensing fees payable to D-BOX in accordance with the systems’ utilization.
“In building a relationship with one of the top theatre circuits in Russia, we have created tremendous growth opportunities. Luxor’s initial commitment to equip multiple theatres reemphasizes the growing acceptance of our motion systems by theatre circuits around the globe,” said President and CEO of D-BOX Technologies, Claude Mc Master.
The installation of the six Luxor theatres in Russia, one of the fastest growing cinema markets in the world, will be completed by October 2012 and include the following locations:
- Multiplex Luxor Center (Moscow)
- Multiplex Luxor Vegas (Moscow)
- Multiplex Luxor in Sochi
- Multiplex Luxor in Ryazan at the shopping mall Bars
- Multiplex Luxor in Ryazan at the shopping mall Cruise
- Multiplex Luxor in Rostov-on-Don
“Luxor Cinema Chain is proud to be the first theatre circuit in Russia to present this incredibly immersive movie-going experience,” stated President of Luxor Group Igor Dobrovolsky. “We have followed D-BOX’s success over the years and are eager to introduce the motion systems to movie fans throughout the country.”