NEW YORK & COLUMBUS, Ga. -- Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading entertainment, digital cinema and 3D motion picture exhibitor, today completed its previously-announced exclusive exhibition agreement with Screenvision, a leading innovator in cinema advertising. The agreement extends Carmike's existing relationship with Screenvision for a 30-year term. Separately, Screenvision announced the appointment of seasoned cinema industry executive Travis Reid as its new Chief Executive Officer.

"We are delighted to complete this transaction which extends and expands our relationship with Screenvision," stated David Passman, President & Chief Executive Officer of Carmike. "We are also very pleased that Travis is joining as Screenvision's new CEO to lead the company on a new path of growth targeting opportunities created by the rapid expansion of digital cinema. Travis has over three decades of cinema industry experience, including as CEO of Loews Cineplex Entertainment, where he signed their first long-term exhibitor advertising agreement, and most recently as CEO of Digital Cinema Implementation Partners (DCIP)."

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Los Angeles -- IMAX Corporation (NASDAQ:IMAX; TSX:IMX) announced today that Paramount Pictures' Paranormal Activity 2, the follow-up to the hit supernatural thriller released in 2009, will be released to 161 digital IMAX® theatres in domestic and international territories, on October 22nd, simultaneously with the film's release. The film's limited IMAX release will be digitally re-mastered into the image and sound quality of The IMAX Experience® with IMAX DMR® technology.

"Paramount has delivered another great movie that we believe will really resonate with IMAX fans," said IMAX CEO Richard L. Gelfond. "The growth of our digital theatre network has allowed us greater flexibility in programming, and we're very pleased to bring this highly anticipated sequel to the ever-increasing IMAX audience."

"We are thrilled to partner with Paramount Pictures for Paranormal Activity 2, a film that will be a terrifying treat for IMAX audiences," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We look forward to sharing the next installment of this highly anticipated movie for a limited two-week run that includes the Halloween weekend."

A listing of IMAX theatres playing Paranormal Activity 2 and ticket purchase is available via www.IMAX.com.

 

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New York, NY -- Screenvision announced the closing of its acquisition by Shamrock Capital Growth Fund today as well as the appointment of Travis Reid as the company's new Chief Executive Officer.

"We have known Travis for many years and are thrilled that he has agreed to lead Screenvision to the next era of growth," said Shamrock Managing Director Steve Royer. "Travis has an over thirty-year history in the exhibition space having operated chains and most recently, pioneering the digital revolution for the cinema exhibition industry. He was our ideal candidate."
Prior to joining Screenvision, Mr. Reid was the Chief Executive Officer of Digital Cinema Implementation Partners (DCIP), the digital integration entity owned collectively by AMC Entertainment Inc, Regal Entertainment Group and Cinemark Holdings, Inc. Prior to DCIP, Mr. Reid held the position of President and Chief Executive Officer of Loews Cineplex Entertainment, which was acquired by AMC Entertainment in 2005, and has held positions on the boards of AMC Entertainment Inc., Fandango, Inc., The Cineplex Galaxy Income Trust Fund, Yelmo Cineplex, and the Will Rogers Memorial Fund.

"I am eager to join this stellar team of professionals at Screenvision," stated Mr. Reid. "I have known and followed Screenvision since its inception. I signed their first long-term exhibitor advertising agreement when I was at Loews and have watched them successfully propel their network to over 15,000 screens and over 150 exhibition partners as well as increasing their advertising platform with the launches of their new pre-show, online vertical, alternative content and mobile solutions. This is an inventive and driven team who has grown the business consistently throughout the years, yet the biggest opportunities are in front of us."

 

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HONOLULU, HAWAII -- When Moving Image Technologies' Rydt Entertainment Systems Division faced the challenge of installing Hawaii's largest commercial movie screen, part of Consolidated Theatre's latest venture to attract more moviegoers, it turned to Harkness' Perlux® 220 3D screen (ShowEast Booth 518) for the solution.

Named "Titan Extreme Cinema" ("Titan XC"), this new big-screen concept treats guests to an enormous wall-to-wall movie screen, pristine, eye-popping 3D images, ground-breaking sound and brand new, first-class leather seating.

The Titan XC, which made its Hawaiian debut at the popular Ward Stadium 16 on Friday, June 18, 2010, to coincide with the release of Disney/Pixar's Toy Story 3 in 3D, has quickly established itself as Hawaii's premier cinema viewing experience. The auditorium offers a seating capacity of 500 and features a 66-foot wide Harkness Perlux® 220 screen.

"We chose the Harkness brand because we believe it is the best screen on the market," says Jerry VandeRydt, president of the Rydt Entertainment Systems Division of Moving Image Technologies. "For this unique project, we selected Harkness' Perlux® 220 because we wanted the higher 2.2-gain screen. When dealing with such a large screen, you are always starved for light when running 3D. The 2.2-gain screen gives us the most reflectivity and, in turn, the most light output to utilize for a 3D situation."

In addition to the selection and installation of the Perlux® 220, Rydt also designed the sound system and performed all of the installs of the speakers and equipment inside the theater.

VandeRydt and his team installed QSC amplifiers, JBL backstage speakers and surrounds and QSC subwoofers for a total of 18 surround speakers in the walls, 14 surround speakers in the ceiling and eight subwoofers.

All movies shown in Titan XC and on the Harkness Perlux® 220 will be presented digitally with a new, state-of-art NEC digital projection system, providing Titan moviegoers with striking, vivid images. Additionally, 3D blockbusters will be showcased using XpanD's 3D system, the first of its kind in Hawaii.

Harkness Perlux® screens are considered by leading cinema exhibitors worldwide to be the premier gain projection surfaces. The Perlux® line of screens provides a choice of gain characteristics, high contrast, bright pictures, generous viewing angles and excellent color temperature. The Perlux® 180 and 220 high gain screens are perfect companions for digital 3D systems that use non-polarized light, such as XpanD 3D and Dolby 3D.

 

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