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D-BOX (TSX:DBO) and Cinemark expand U.S. partnership

Technology
TSX:DBO
22 September 2022 10:30 (EDT)

Source: D-BOX.

D-BOX (DBO) will install haptic recliners in 36 auditoriums across 12 Cinemark theatres in the U.S.

Cinemark is one of the largest and most influential movie theatre companies in the world. It operates 521 theatres in 42 U.S. states and 15 countries throughout South and Central America.

The expansion brings the total number of Cinemark auditoriums with D-BOX technology to nearly 300 in the U.S.

D-BOX’s recliners enhance the movie-watching experience by perfectly synchronizing the action on the screen with patented individual motion control in the seats.

“Cinemark is capitalizing on D-BOX’s record summer in terms of occupancy and the post-COVID growing trend amongst moviegoers who are seeking unparalleled premium entertainment experiences,” stated Sébastien Mailhot, President and CEO of D-BOX. “As a longstanding partner, Cinemark understands what moviegoers are looking for, and the advantage D-BOX brings to their premium offering.”

D-BOX creates immersive entertainment experiences through motion, vibration and texture. Its technologies have a presence in over 800 auditoriums across the globe.

D-BOX Technologies (DBO) is up by 5.56 per cent, trading at $0.095 per share as of 10:18 am EST.


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