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Ymagis Group Announces Agreement with Nordisk Film

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Posted On: 09/21/2017 12:00:32 PM
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Posted By: News Desk 2018
Ymagis Group Announces Agreement with Nordisk Film Cinemas for Field & Customer Services at 21 Cinema Locations

                                   Press Release Paris (France) and Oslo (Norway) - 21 September 2017 - 5:45 pm

Ymagis Group Announces Agreement with Nordisk Film Cinemas for Field & Customer Services at 21 Cinema Locations

Paris (France), Oslo (Norway)/21 September 2017/ Ymagis Group (FR0011471291, MAGIS, PEA-PME, TECH 40), the European specialist in digital technologies for the cinema industry, is pleased today to announce the signature of an agreement with leading Scandinavian cinema chain Nordisk Film Cinemas (Egmont) to oversee technical customer service and field services for Nordisk's entire network of 21 locations across Norway, representing a total of 78 screens.

"Following an agreement concluded this past summer with German cinema exhibitor CineStar, we are thrilled to partner with such a renowned and well-respected company which has been part of film history for more than 100 years," explains Jean Mizrahi, Founder, President and CEO of Ymagis Group. "This agreement with Nordisk Film Cinemas will strengthen our Northern European operations while demonstrating our ability to manage Nordisk's technical requirements effectively, with direct cost benefits for the cinema exhibitor as well as for our other existing clients across Scandinavia."

For Till Cussmann, Senior Vice President of CinemaNext, "This deal with Nordisk is another big step in our strategy to increase our market share in Scandinavia, built on existing and similar service agreements in Denmark for 21 sites (148 screens), and our partnership with our technical partner in Norway, Kino & AV Teknikk, concluded last year. We aim to provide the highest level of customer service, monitoring and support for the 78 Nordisk cinema screens through our customer service (NOC) with local assistance from our own field technicians. It's a privilege for us to work with Nordisk."

"Our industry is rapidly changing and it's time for us to develop a cost-effective approach to carrying out services such as monitoring, year-round customer service and spare parts inventory with CinemaNext," explains Asger Flygare Bech-Thomsen, CEO of Nordisk Film Cinemas.

CinemaNext is Ymagis Group's business unit dedicated to cinema exhibition services in Europe, providing comprehensive solutions across the board, from projection equipment, audio systems, central systems, cinema outfitting, TMS, digital signage, 4DX, and screens to seating. Clients enjoy the highest level of reliability and lowest cost of ownership with CinemaNext's portfolio of services from design & project management, equipment sales and financing, installation, maintenance, support (NOC), online monitoring, spare and consumables to service agreements and supply chain & logistics.

Next release: 29 September 2017 - First half-year 2017 revenue and earnings

ABOUT YMAGIS GROUP Ymagis is a European leader in advanced digital technology services for the cinema industry. Founded in 2007, the Group is headquartered in Paris and has offices in 23 countries with more than 770 employees. Our core business is structured around three main units:  CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC and consulting), Eclair (content services: post-production, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation) and Ymagis (financial services). For more information, please connect to www.ymagis.com , www.cinemanext. com or www.eclair.digital   ABOUT NORDISK FILM (EGMONT) Egmont is a leading media group in the Nordic region with activities in 30 countries and 6,200 employees, producing high-quality content and digital innovation. We are responsible for Nordisk Film and TV 2 in Norway, book publishing and Egmont Publishing which publishes more than 700 magazines. Egmont is a commercial foundation which generated revenue amounting to EUR 1.6 billion in 2016. We donate EUR 13 million a year to help improve the lives of children and young people and film talents. For more information, please connect to www.nordiskfilm.com     YMAGIS GROUP Jean Firome, CFO Tel.: +33 (0)1 75 44 88 88 investors@ymagis.com   CALYPTUS Sophie Boulila / Mathieu Calleux ymagis@calyptus.net Tel.: +33 (0)1 53 65 68 62      
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http://www.globenewswire.com/NewsRoom/Attachm...460c378c40



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