Cinema Technology Company Awarded Multi-Million Dollar Contract
Moving iMage Technologies Awarded Multi-Million Dollar Contract for State-of-the-Art Alamo Drafthouse Cinema in Indianapolis.
Disclaimer: The following article is based on information provided by Moving iMage Technologies and related sources. The content is intended for informational purposes only and does not constitute an endorsement or recommendation of any company, product, or service.
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Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a technology and services company specializing in cinema, Esports, stadiums, arenas, and other out-of-home entertainment venues, has announced that it has been awarded a significant new project. The company will be partnering with Alamo Drafthouse to bring a state-of-the-art cinema to the Georgetown location in Indianapolis, Indiana, slated to open in the summer of 2024.
Alamo Drafthouse Cinema, known for its unique combination of movie screenings and dining experiences, has rapidly expanded across North America. Joe Delgado, Executive Vice President of Sales and Marketing at MiT, expressed his excitement about this new project:
This upcoming cinema will be the 44th Alamo site equipped by MiT, promising audiences in Indianapolis a cutting-edge cinematic experience. The new Alamo Drafthouse Cinema in Georgetown will feature a range of advanced technological solutions designed and manufactured by MiT. The following are some of the key highlights:
MiT will provide a complete suite of its proprietary products for the Georgetown location. These include:
Energy Management Solutions: Systems designed to optimize energy use, reducing operational costs and environmental impact.
Bases and Dimmers: Custom-designed components to enhance the visual and auditory experience.
Automation Systems: Advanced automation for seamless operation of cinema functions.
ADA Equipment: Inclusive technology ensuring accessibility for all patrons.
Cutting-Edge 4K Laser Projection from Barco
One of the standout features of the Alamo Georgetown cinema will be its 4K laser projection system. Utilizing technology from Barco, a leader in visual technology, the cinema will offer:
100% 4K Laser Projection: Ensuring stunningly clear and vivid visuals.
Industry-Leading Technology: Providing audiences with an immersive viewing experience that sets new standards in cinematic display.
Comprehensive AV Distribution and Processing
To complement the visual experience, the cinema will also feature comprehensive audio-visual distribution and processing:
Q-sys AV Distribution: A full suite from QSC, known for its high-quality AV solutions.
Processing and Amplification: Delivering crystal-clear audio across all screenings, enhancing the overall cinematic immersion.
Expert Project Management and Integration
MiT's seasoned professionals will oversee every aspect of the project management, integration, and installation processes. Their expertise ensures:
Seamless Execution: Optimal performance of all systems.
Innovative Solutions: Tailoring each component to meet the specific needs of Alamo Georgetown.
Grand Opening in Summer 2024
Alamo Georgetown invites movie enthusiasts and industry professionals to its grand opening in the summer of 2024. This event will showcase the innovation and dedication behind MiT and Alamo Drafthouse's latest collaboration. Attendees can expect an unparalleled cinematic experience, reflective of the state-of-the-art technology and meticulous project execution. Moving iMage Technologies is a prominent provider of technology, products, and services to the Motion Picture Exhibition industry, with a growing presence in live entertainment venues and Esports. MiT sells proprietary products, which are designed and manufactured in-house. The company is continually developing and introducing a wide range of disruptive technologies aimed at bringing SaaS and subscription-based products to market.
One of MiT's notable brands, Caddy, is a leading provider of cup holders, trays, and various other products used in entertainment and sports venues.
Disclaimer: The information presented in this article is sourced from Moving iMage Technologies and other relevant sources. It is intended solely for informational purposes and should not be construed as an endorsement or recommendation of any company, product, or service.
As an investor it's important to stay updated with major news. Get real-time stock market alerts, news, and research by creating an account here.