TECHNICOLOR enters digital cinema strategic partnership with EFS Media Group
26 September 2013 - 2:35PM
Technicolor (Euronext Paris: TCH)
today announces it has entered a strategic alliance with EFS Media Group,
German-based expert logistics and general service provider in film and digital
cinema management. The partnership will enable Technicolor to provide drive
replication and managed freight services in Germany and German-speaking
territories from EFS' logistics hub in Frankfurt, Germany. This alliance further
supports Technicolor's worldwide strategy of increasing its local market
presence in key territories.
The agreement covers in-country replication, managed freight services and
customer support. This offers Technicolor's studio clients a single point of
contact for end-to-end digital cinema replication and distribution services, for
both in-country theatres and for those in additional German language markets,
providing greater efficiencies without the complexity of managing multiple
vendors across Europe.
"Forming partnerships with local market specialists is a strategic priority for
Technicolor Digital Cinema as we continue to expand our global, yet local,
reach," said Claude Gagnon, President of Creative Services, Technicolor. "We are
delighted to have signed this agreement with EFS covering an important part of
the theatrical audience in Western Europe as EFS has a long-standing reputation
for providing the same exacting standards for logistics as provided by
Technicolor for replication".
Jürgen Vogt, President of EFS Media Group, added: "We look forward to working
closely with Technicolor. Our intelligent logistics and media industry services
combined with our new partner's distinguished and globally reputed replication
services, offers a highly compelling proposition for studios and independents
servicing German-speaking markets."
Technicolor offers a suite of digital cinema services including localisation,
content mastering and distribution. The company is able to leverage a hybrid
distribution platform comprised of leading physical and electronic distribution
mediums, including key management, to ensure the security and reliable delivery
of content to cinemas. Technicolor delivers its customers' content to digital
screens worldwide and continues to seek opportunities to grow its digital cinema
distribution footprint organically, as well as through partnerships with leading
distribution providers in various markets. In addition to Germany, Technicolor
now offers Digital Cinema services from facilities in the following markets: US,
Canada, Mexico, France, UK, Italy, Poland, Thailand, Hong Kong, Japan,
Australia.
About Technicolor
Technicolor, a worldwide technology leader in the media and entertainment
sector, is at the forefront of digital innovation. Our world class research and
innovation laboratories enable us to lead the market in delivering advanced
video services to content creators and distributors. We also benefit from an
extensive intellectual property portfolio focused on imaging and sound
technologies, based on a thriving licensing business. Our commitment: Enhance
media experience on any screen, in theaters, at home and on the go. Euronext
Paris: TCH Ÿ www.technicolor.com
About EFS Media Group
EFS have been servicing media industry clients all across Europe for more than
50 years. Our key services include smart logistic solutions and distribution as
well as physical archiving, cinema sales support and media recycling
coordination & handling. Always being committed to reliability, flexibility and
transparency, EFS is proud to have built strong and trustful relations to its
international clients over the years. Ÿ www.efs-filmtechnik.de
Contacts:
Carla Trancoso, Technicolor - carla.trancoso@technicolor.com - + 44 (0)
208 987 7992
Technicolor Press Office - technicolorpressoffice@technicolor.com - +33 (1)
41 86 53 93
Technicolor Investor Relations - investor.relations@technicolor.com +33 (1)
41 86 55 95
Randolph Vogt, EFS Media Group - rvogt@efs-filmtechnik.de - + 49 (0) 6150 108575
Technicolors enters digital cinema strategic partnership with EFS: http://hugin.info/143597/R/1731596/578939.pdf
[HUG#1731596]
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