This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ballantyne Strong Secures New Digital Cinema Deployment Agreement From Caribbean Cinemas For 238 Projection Systems, Partnering With Barco And GDC

Ballantyne Strong, Inc. (NYSE MKT: BTN), a provider of digital cinema projection equipment, screens and services as well as specialty lighting equipment, today announced that it has won a contract to supply Caribbean Cinemas with 238 state-of-the art Barco (NYSE Euronext Brussels: BAR) digital projection systems, featuring cinema servers manufactured by GDC Technology Limited. Following the completion of the deployment, Ballantyne will also add the entire Caribbean Cinemas circuit, including its 437 screens in 53 theatres, onto its Network Operations Center (NOC) 24/7/365 proactive equipment monitoring service.

Caribbean Cinemas President Robert Carrady stated, “We are very pleased to again partner with Ballantyne as we bring these remaining analog screens onto our digital platform. The cinema industry is rapidly becoming more high-tech dependent, as cinema owners transition to the digital format and leverage the benefits it brings to their operations and valued patrons. As part of a bundling arrangement, we have also agreed to outsource our NOC monitoring function to Ballantyne’s knowledgeable and experienced service group. Having the added peace-of-mind that potential issues with our projection systems can be identified in advance and addressed remotely by the Ballantyne NOC team was a key factor in our decision-making process to entrust them with this important function.”

“We are excited to continue an over two decade relationship with Caribbean Cinemas”, stated Ray Boegner Senior Vice President Ballantyne Strong Inc. “Caribbean Cinemas continues to push the envelope of presentation quality not only of feature movies but alternative content experiences. With our continued expansion of products and services to the cinema market we are pleased to offer state-of-the-art solutions the support the Caribbean Cinemas brand.”

About Ballantyne Strong, Inc. ( www.strong-world.com )

Ballantyne Strong is a provider of digital cinema projection equipment, screens and services as well as specialty lighting equipment. The Company supplies major and independent theater chains, top arenas, theme parks and architectural sites around the world.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,009.94 -116.18 -0.64%
S&P 500 2,108.65 -12.14 -0.57%
NASDAQ 5,074.1640 -23.8120 -0.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs