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RealD And Mirage Cinema Group Announce 3D Cinema Deal

Stocks in this article: RLD

RealD Inc. (NYSE: RLD), a leading global licensor of 3D technologies, and Mirage Cinema Group today announced an agreement to equip up to 60 auditoriums at Mirage locations across Russia with RealD 3D technology. Installation of RealD 3D technology has already begun.

“This agreement with Mirage further demonstrates our continued focus on growth in the Russian market,” said Robert Mayson, Managing Director, RealD Europe. “We look forward to quickly ramping up our installations across the Mirage circuit to ensure that Russian cinemagoers have the opportunity to enjoy a premium, bright and realistic RealD 3D visual experience for the upcoming summer and holiday film seasons.”

“We are delighted to have found in RealD a partner that shares our commitment to providing a premium 3D experience to the cinemagoing public,” said Alexander Ivoninsky, President of Mirage Cinema Group. “RealD’s technology advantage will give even our largest auditoriums a bright and clear 3D image on screen that promises to immerse audiences like never before.”

Globally, RealD is the world’s most widely used 3D cinema technology with approximately 22,200 screens equipped with RealD 3D by approximately 1,000 exhibitors in 68 countries around the world (as of December 31, 2012).

About RealD Inc.

RealD is a leading global licensor of 3D technologies. RealD's extensive intellectual property portfolio is used in applications that enable a premium 3D viewing experience in the theater, the home and elsewhere. RealD licenses its RealD Cinema Systems to motion picture exhibitors that show 3D motion pictures and alternative 3D content. RealD also provides its RealD Display, active and passive eyewear, and RealD Format technologies to consumer electronics manufacturers and content producers and distributors to enable the delivery and viewing of 3D content. RealD's cutting-edge 3D technologies have been used for applications such as piloting the Mars Rover.

RealD was founded in 2003 and has offices in Beverly Hills, California; Boulder, Colorado; London, United Kingdom; Moscow, Russia; Shanghai, China; Hong Kong; and Tokyo, Japan. For more information, please visit our website at www.reald.com.

About Mirage Cinema Group

Mirage Cinema Group is one of the Russian Federation’s leading motion picture exhibitors, operating 10 theatres with 62 screens in the Russian Federation as of March 30, 2013. At Mirage, the main focus is to create the best movie-going experience possible. When guests choose Mirage Cinema Theatres, it's the goal of all associates to make every experience amazing.

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