Ballantyne's Strong Digital Systems Division Provides NEC Projectors for Dolby Deployment with Malco and Megaplex.NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. STARUS NC2500S Projectors Selected to Deliver Exhibitors a Complete Digital Cinema Solution OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb. -- Ballantyne Ballantyne may refer to: Places
In currencies, this is the abbreviation for the Bhutan Ngultrum. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), a provider of motion picture projection, specialty lighting and digital cinema equipment and services, announced today that Dolby Laboratories “Dolby” redirects here. For other uses, see Dolby (disambiguation). Dolby Laboratories, Inc. (Dolby Labs) (NYSE: DLB) is a USA-based company specializing in audio compression and reproduction. , a leading developer of entertainment products and technologies, selected twenty-five NEC STARUS[TM] NC2500S Digital Cinema projector systems from Ballantyne's Strong Digital Systems division. Dolby (Dolby Laboratories, Wiltshire, England, www.dolby.com) An audio research laboratory founded in 1965 in London by American engineer and physicist Ray Dolby. The company introduced its noise reduction system for tape recording in that same year, which became known as Dolby A and has been selected the NEC STARUS NC2500S Digital Cinema projectors to deploy in several state-of-the-art movie theatres owned by Malco Theatres and Megaplex Theatres. During the fourth quarter of 2006, four systems will be deployed in Malco Theatres and three in Megaplex Theatres. The additional systems will be delivered to Malco and Megaplex in the first half of 2007. John P. Wilmers, President and Chief Executive Officer of Ballantyne of Omaha, commented, "We are very pleased that Dolby has selected the NEC STARUS NC2500S Digital Cinema projector system as Ballantyne and Dolby both strive to provide exhibitors the best solutions available in the market today. At this early stage of the digital cinema market rollout, we are working aggressively to introduce NEC systems to the broadest possible array of partners and customers." In addition, Wilmers said Ballantyne is working with Dolby on future digital cinema developments including Dolby's recently announced 3D system. About Ballantyne of Omaha Ballantyne is a provider of motion picture projection, specialty lighting and digital cinema equipment and services. The Company also supplies specialty projection equipment utilized by major theater chains and location-based entertainment providers and manufactures specialty entertainment lighting products used at top arenas, television and motion picture production studios, theme parks and architectural sites around the world. Except for the historical information in this press release, it includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company's products; the development of new technology for alternate alternate /al·ter·nate/ (awl´ter-nit) 1. following in turns. 2. pertaining to every other one in a series. 3. occurring in place of another; acting as a substitute. means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management's expectations. |
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