Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading DIGITAL cinema and 3D motion picture exhibitor, today announced the projected fall 2013 opening of a new Carmike Cinemas entertainment complex in the Chapel Hills Mall in Colorado Springs, CO. The new theatre will have 13 screens with total seating for over 2,800 guests and will showcase our state-of-the-art “BIGD” auditorium, Carmike’s critically acclaimed premium theatre experience. The new facility will be equipped with auditoriums featuring stadium style seating with comfortable high back rocking luxury seats, retractable armrests and convenient cup holders. The Carmike 13 will also have large, wall-to-wall screens, as well as high-quality DLP DIGITAL projection and DIGITAL sound. Other components of the new theatre include an upscale lobby, multiple concession areas featuring Coca-Cola Freestyle drink centers, and one-stop ticketing and concessions stations - a unique design feature of the Carmike 13. Filmgoers can escape the elements, purchase their tickets and favorite concessions, and quickly move into their comfortable seats. The new complex will also feature special services for the visual and hearing impaired. Carmike President and CEO David Passman stated, “We’re providing the ultimate entertainment experience that centerpieces large format DIGITAL with bigger screens, bigger sound, and luxurious theatre seating for cutting-edge presentation and the definitive enjoyment of our audiences. With the opening of the new complex, the Colorado Springs and Front Range area joins a select and growing group of communities across the nation offering Carmike theatregoers the exciting new “ BIGD” format. The Chapel Hills Mall, a strategic high-traffic retail center known for an exciting variety of over 100 national, regional and local retailers and eateries, provides Carmike’s new theatre complex with an ideal location near the center of the community. “Carmike’s leading edge complex is unique to the area and represents a huge leap forward in the entertainment options Chapel Hills Mall can offer to people in the Colorado Springs-Denver-Pueblo corridor and surrounding communities. Carmike Cinemas has been here with us for many years, and we applaud their leadership in bringing this state-of-the-art facility to our tenants and shoppers,” said Victoria Harley, General Manager for Chapel Hills Mall. “The new entertainment complex will be a significant amenity for Colorado Springs and the region and a key addition to our local economy. The Carmike 13 will greatly enhance the ‘mall-going experience’ for all of our valued patrons. Carmike’s existing 15-screen theatre will close its doors October 26, and we expect demolition to begin in early November. The Carmike 13, set to open next fall, will help make Chapel Hills Mall truly a ‘one-stop’ destination providing exceptional dining, shopping and entertainment for consumers of all ages and interests. We view Carmike’s investment in this property as a strong vote of confidence as we begin a new era of vitality and growth.”
Expected to draw area movie-goers to the “ BIGD” Experience will be its totally enhanced theatre amenities, including a wall-to-wall screen measuring over 80 feet wide and three stories tall, boosted by the latest in 7.1 surround sound and DIGITAL projection of both 2D and 3D features. In technical terms, Carmike’s “ BIGD” DIGITAL Experience is powered by a cutting-edge Christie Brilliant 3D flash projector. The end result is a light output of 30,000 lumens, creating a picture quality with noticeably higher resolution than HD. The new environment will be further embellished by the comfort of plush leather high-back rocking seats placed for optimal viewing in a stadium-seating configuration.“The success of 3-D releases for features like ‘Avatar,’ ‘Cars 2,’ ‘Transformers: Dark of the Moon,’ and the record-breaking re-launch of ‘The Lion King in 3-D,’ demonstrates that audiences are excited about and enjoy the new DIGITAL experience, and are demanding it,” notes Mr. Passman. “These early successes will no doubt persuade producers to release more movies in this format, and with the “BIGD” experience – in either 3-D or 2-D DIGITAL – Carmike has the full capability to provide our audiences with the technology and total luxury that brings theater going to a new level.” “Plans for Carmike’s “BIGD” experience consist of more locations to open in 2012-13. Complexes featuring Carmike’s “BIGD” experience that are currently under construction include Decatur, AL, Sandestin, FL, Champaign, IL, Jacksonville, NC, Cleveland, TN, and Winchester, VA; and plans are underway for construction to begin in Opelika, AL, Oak Grove, KY, and El Paso, TX. Whether it is a movie, concert, sporting event, motivational speaker or church service, Carmike guests will find “BIGD” placing them at the heart of the event,” notes Terrell Mayton, Carmike’s Director of Marketing. About Carmike Cinemas ( www.carmike.com ) Carmike Cinemas, Inc. is a U.S. leader in digital cinema and 3-D cinema deployments and one of the nation’s largest motion picture exhibitors. As of June 30, 2012, Carmike had 233 theatres with 2,245 screens in 35 states. Carmike’s digital cinema footprint reached 2,122 screens, including 209 theatres with 750 screens that are also equipped for 3-D. The circuit also includes 14 “Big D” large format digital experience auditoriums, featuring state-of-the-art equipment and luxurious seating. As “America’s Hometown Theatre Chain,” Carmike’s primary focus for its locations is small to mid-sized communities.
About Chapel Hills MallChapel Hills Mall, opened in 1982, and is a two-level, 1,200,000 square foot enclosed super regional mall located in Colorado Springs, Colorado. Six traditional department stores, Dillard’s, jcpenney, Macy’s, Sears, Dick’s Sporting Goods and Burlington Coat Factory anchor Chapel Hills Mall which also includes over 105 specialty shops and restaurants. Chapel Hills Mall is centrally located at I-25 at N. Academy. It serves a primary population of over 312,000. About Urban Retail Properties, LLC Urban Retail Properties, LLC is an independent, privately held company, and has been the developer for more than 75 projects, which include premier shopping destinations and mixed-use projects. Headquartered in Chicago, IL, Urban has offices in Florida, Massachusetts, Washington DC, New Jersey, Los Angeles and Texas. Urban Retail is one of the nation’s leading third-party real estate managers. Additionally, the company provides consulting services for clients worldwide. Urban Retail was formed more than 37 years ago and manages a diverse portfolio of retail projects.