New York, NY (Top40 Charts)
Christie, a leader in creating and sharing the world's best visual and audio experiences, is pleased to announce that Lotte Cultureworks, a newly-established subsidiary of Lotte Group that oversees the operations of Lotte Cinema, has purchased 120 Christie cinema projectors for deployment in its new multiplexes in South Korea, Vietnam and Indonesia.
This acquisition, the largest by the South Korean multinational conglomerate to date, comprises the Christie CP2220 and CP2230 DLP® , lamp-based cinema projectors delivering 22,000 lumens and 33,000 lumens respectively for medium to large-sized auditoriums. Designed for ease of use and maximum reliability for the majority of screens in commercial exhibition, the Christie CP2220 and CP2230 cinema projectors offer the highest performance with the lowest operating costs in their class.
"Since the establishment of Lotte Cultureworks earlier this year, we have been focusing our efforts on expanding our cinema exhibition footprint in South Korea and beyond, particularly in Vietnam and Indonesia," a Lotte Cultureworks spokesperson said. "Christie projection systems have been used extensively across our existing cinema circuit and are known for their performance and reliability. Through the investment of these 120 cinema projectors, I'm confident that Lotte Cinemas will continue to offer the best movie-viewing experience for all our patrons in the years to come."
Lin Yu, Vice President, Cinemas Sales for Asia, Christie, commented, "Christie is delighted that Lotte Cultureworks has chosen our trusted range of cinema solutions for its new theaters under Lotte Cinema in South Korea, Vietnam and Indonesia. The CP2220 and CP2230 are among our most widely deployed cinema projectors globally, offering customers a lower cost of ownership and greater reliability than the competition. With successful implementations of more than 60,000 projector installations around the world and over 10 million screenings, Christie has accumulated a unique wealth of knowledge and capability to deliver the most memorable cinematic experiences to audiences."
The Christie CP2220 and CP2230 cinema projectors, among the first digital projectors based on Texas
Instruments' Series 2 DLP Cinema technology and compliant with the Digital
Cinema Initiatives (DCI) specification, more than meet exhibition and post production studios' demands for 2D and 3D presentations, showing feature film and alternative content the way filmmakers intended. Available with Christie High Frame Rate (HFR) technology, Christie digital cinema projectors offer choice in frame rate, brightness and resolution, and deliver value with reliability and low total cost of ownership.
About Lotte Cinema
Founded in 1999, Lotte Cinema is the second largest multiplex operator in South Korea. It currently operates 119 cinemas with 847 screens in South Korea and 53 cinemas with 275 screens in China and Vietnam. It has also established a foothold in Indonesia with plans to start distribution and exhibition by 2019, and aims to expand to 140 cinemas in Southeast Asia by 2022. For more information, visit http://www.lottecinema.co.kr
Systems USA, Inc. is a global visual and audio technologies company and a wholly-owned subsidiary of Ushio Inc., Japan (JP:6925). Consistently setting the standards by being the first to market some of the world's most advanced projectors, complete system displays, and cinema audio solutions; Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centers to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images, accompanied by awe-inspiring sound. Visit http://www.christiedigital.com.