D-BOX Benefits from Moviegoers Flocking to Theaters
19 Juillet 2022 - 1:55PM
D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO),
a world leader in haptic and immersive entertainment, is excited to
announce that June 2022 was D-BOX’s best month ever in terms of
number of tickets sold on a global basis. We are thrilled that
moviegoers around the world continue to trust us to give them the
most immersive theatrical experience there is. We look forward to
keeping this momentum going with an exciting list of upcoming
movies!
According to the Hollywood Reporter, for the
first time since the pandemic began, revenue at the domestic box
office almost crossed $1 billion in June with blockbusters such as
“Doctor Strange in the Multiverse of Madness”, “Jurassic World
Dominion”, “Elvis” and the major success of 2022 so far, “Top Gun:
Maverick” which all benefited D-BOX. This last one has been a true
blockbuster, grossing north of $1.11 billion globally since its
release and still going strong a month later. With nearly 800
screens all around the world, D-BOX has no equal in delivering full
body haptic immersion while watching a movie, as each seat is
synchronized with the action on the screen essentially pulling
people into the story like never before.
D-BOX is excited to add its trademark haptic
experience to several highly anticipated films until the end of the
year (over 30 films have already been confirmed by movie studios).
The key D-BOX theatrical films set to release in coming months
include highly anticipated and the re-release of studio
classics:
- Nope
- DC League of Super Pets
- Beast
- The Invitation
- The Woman King
- Smile
- Lost Boys - Re-Release
- Black Adam
- Trick 'R Treat - Re-Release
- Devotion
- Polar Express - Re-Release
- Elf - Re-Release
“These results confirm moviegoers want something
special when they go to theaters,” declared Sébastien Mailhot,
President and CEO of D-BOX. “We are excited to continue our
collaboration with our different studio partners to be able to add
the D-BOX haptic technology to a variety of different film genres;
from action and horror to family-fun movies.
With these upcoming movies and the pandemic
having reshaped many aspects of the theatrical experience, D-BOX
remains supportive in offering a variety of films to its partners
and to D-BOX fans across the globe.
ABOUT D-BOXD-BOX creates and
redefines realistic, immersive entertainment experiences by moving
the body and sparking the imagination through effects: motion,
vibration and texture. D-BOX has collaborated with some of the best
companies in the world to deliver new ways to enhance great
stories. Whether it’s movies, video games, music, relaxation,
virtual reality applications, metaverse experience, themed
entertainment or professional simulation, D-BOX creates a feeling
of presence that makes life resonate like never before. D-BOX
Technologies Inc. (TSX: DBO) is headquartered in Montreal with
offices in Los Angeles, USA and Beijing, China. Visit
D-BOX.com.
FOR FURTHER INFORMATION, PLEASE
CONTACT:
D-BOX
TECHNOLOGIES INC. |
|
Stéphane VidalVice President, Product and
Brand514 826-1903svidal@d-box.com |
David MontpetitChief Financial
Officer450 999-3216dmontpetit@d-box.com |
CAUTION REGARDING FORWARD-LOOKING
INFORMATION
Certain information included in this press
release may constitute “forward-looking information” within the
meaning of applicable Canadian securities legislation.
Forward-looking information in this news release includes, but is
not limited to, statements regarding upcoming film releases and the
performance of such film releases at the box office; future plans,
activities, objectives, operations, strategy, business outlook, and
financial performance and condition of the Corporation, or the
assumptions underlying any of the foregoing. In this press release,
words such as “may”, “would”, “could”, “will”, “likely”, “believe”,
“expect”, “anticipate”, “intend”, “plan”, “estimate” and similar
words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not
be read as guarantees of future performance or results, and will
not necessarily be accurate indications of whether, or the times at
or by which, such future performance will be achieved.
Forward-looking information, by its very nature, is subject to
numerous risks and uncertainties and is based on several
assumptions which give rise to the possibility that actual results
could differ materially from the Corporation’s expectations
expressed in or implied by such forward-looking information and no
assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, including but
not limited to the future plans, activities, objectives,
operations, strategy, business outlook and financial performance
and condition of the Corporation.
Forward-looking information is provided in this
press release for the purpose of giving information about
Management’s current expectations and plans and allowing investors
and others to get a better understanding of the Corporation’s
operating environment. However, readers are cautioned that it may
not be appropriate to use such forward-looking information for any
other purpose.
Forward-looking information provided in this
press release is based on information available at the date hereof
and/or management’s good-faith belief with respect to future events
and are subject to known or unknown risks, uncertainties,
assumptions and other unpredictable factors, many of which are
beyond the Corporation’s control.
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