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Kieft-Gruppe to close VPF deal with XDC and FTT

Tuesday 13 April 2010 09:17

Düsseldorf / Liège, April 13th, 2010 – As the first circuit in the German-speaking countries Kieft & Kieft + Partner group enters into a VPF agreement to deploy 150 digital screens in Germany, Switzerland and Czech Republic.

For several years already, VPF has been an important topic when it comes to a digital rollout in cinemas. Especially in Germany, however, the VPF train hardly gained momentum. Although XDC managed to surpass the threshold of 100 committed screens, none of the large German cinema circuits opted for a VPF solution with a third party financing partner for the time being. Now, Kieft & Kieft + Partner group has decided in favour of this very model as the first group acting on a national and international scale.

For Serge Plasch, CEO of XDC, these latest developments are very positive:“„ Of course, we are delighted that one of the large cinema circuits in Germany and Switzerland now finally is among our partners as we already succeeded in entering into agreements with large groups in other European countries as e. g. in Austria and Portugal.”

The decision in favour of XDC was partly boosted by the fact that FTT had already installed digital cinema equipment including 3D at several sites of Kieft group e.g. in Hildesheim, Iserlohn, Schwerin as well as Prague, Plzen and Lugano last year. Heiner Kieft, Managing Director of Kieft & Kieft + Partner group, said: “The successful completion of our testing phase and the smooth co-operation with FTT at that time were definitely crucial for our decision in favour of FTT / XDC.”

Thomas Rüttgers, FTT‘s Chairman of the Board of Management, is also optimistic about continuing this co-operation: “We think that we have put together a good service package for the digital age, and we are of course very pleased that we could convince another group of our service qualities in the long term.”

The starting signal for the digital rollout will be given in the fourth quarter of 2010. In this context, Christie projectors of the new Solaria series, XDC Solo G3 servers as well as XDC’s Theatre Management system will be installed.


About Film Ton Technik (FTT)


FILM-TON-TECHNIK Hannsdieter Rüttgers GmbH (FTT) is based in Düsseldorf. As a cinema service provider with 50 years of experience FTT has already implemented a large number of projects for multiplexes and independent cinemas in Germany and abroad and has got subsidiaries in Austria, Hungary, Poland and the Netherlands. Apart from project planning as well as selling and installing traditional 35mm technology FTT has been active in the field of digital cinema and electronic advertising for more than 7 years and established itself as a system integrator. For further information see www.ftt-online.de

Contact:

Angela Bünger, Public Relations Officer

Phone: +49 (0) 211 - 30 20 51 - 10

E-mail: buenger@ftt-online.de


About Kieft & Kieft + Partner group


Kieft & Kieft + Partner cinema group runs cinemas at 28 sites in Czech Republic, Croatia, Switzerland and Germany. The group comprises:

FTB Filmtheaterbetriebsgesellschaft mbH, Hildesheim, Germany

CineStar-Der Filmpalast Lüneburg GmbH, Lüneburg, Germany

Knode & Partner Filmtheaterbetriebe GmbH, Iserlohn, Germany

Kieft & Kieft Filmtheater Sachsen GmbH, various sites, Germany

Capitol Kino Schwerin GmbH, Schwerin, Germany

CineStar Prag s.r.o., Czech Republic

Blitz-CineStar d.o.o., Croatia

CineStar SA Lugano, Switzerland


Contact:

Heiner Kieft, Managing Director

Phone: +49 (0) 2331- 78 01 - 14


About XDC

XDC is the European leader for Digital Cinema technology and services in Europe with more than 1.350 committed digital screens in 11 European countries (Germany, Switzerland, Spain, Austria, Portugal, Belgium, The Netherlands, Hungary, Czech Republic, Slovakia and Poland) out of which 50% have already been deployed. XDC HQ is based in Liege (Belgium) and provides end-to-end digital cinema solutions including equipment supply, financing (VPF, leasing, etc.), training, installation and 24/7 maintenance, as well as content processing and delivery. The company is the first entity to have VPF digital cinema deployment agreements with all 6 major US studios Warner, Fox, Universal, Paramount, Sony and Disney for a total of 8,000 digital screens in 22 European countries. Besides its financing program with ING Lease, XDC has set up a global financing of 100 million euros with a bank consortium led by BNP Paribas Fortis to allow the VPF roll out of 2,000 digital screens for its European deployment program. XDC Digital Content Lab has been processing more than 600 different titles, and offers a full service including mastering, duplication, key management, 24/7 helpdesk, extranet tracking, physical/virtual delivery. Last but not least, XDC is also very active in Alternative Content by offering a full service from booking and promotion up to delivery, reporting and box office collection. For further information see www.xdcinema.com.


Contact:

Marketing & Communication Department XDC

Phone: +32 (0) 4 - 3 64 12 00

E-mail: marcom@xdcinema.com

 

For more information about XDC please contact :

XDC International

Marketing & Communication
+32 4 364 12 00
marcom@xdcinema.com