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Bullboard - Stock Discussion Forum D-Box Technologies Inc T.DBO

Alternate Symbol(s):  DBOXF

D-BOX Technologies Inc. is engaged in the business of designing haptic and immersive experiences. The Company creates and redefines realistic, immersive experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. Whether it’s films, video games, music, relaxation, virtual reality applications, metaverse experience, themed entertainment or... see more

TSX:DBO - Post Discussion

D-Box Technologies Inc > expands its global theatrical footprint with ten new locs.
View:
Post by Betteryear2 on Aug 26, 2021 8:55am

expands its global theatrical footprint with ten new locs.

MONTREAL, Aug. 26, 2021 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (D-BOX) (TSX: DBO), a world leader in haptic and immersive entertainment experiences, is pleased to announce that they have signed an agreement with one of the largest single-brand movie exhibitors in the Southern Hemisphere. Ten new locations outfitted with haptic recliner seats will be added to their existing D-BOX equipped locations before December 31, 2023. With a loyal and growing fan base in over 40 countries, D-BOX now has 768 screens all around the world thanks to these additional locations, including eight new screens announced recently with Cinemark, that are all equipped with their proprietary haptic technology.

With these luxurious haptic recliners, D-BOX continues to offer moviegoers a complete immersive dimension to the cinematographic experience by perfectly synchronizing the action on the screen with patented individual motion control in the seats. The result is a premium experience that has literally changed the way people watch movies.

"We are proud to collaborate once again with this partner. This recent agreement confirms moviegoers love feeling like they’re part of the action on the big screen,” declared Sbastien Mailhot, President and CEO of D-BOX. “This partnership is important to us, and we thank them for their confidence in our innovative and immersive haptic technology. With the gradual deployment of vaccines, people are already enjoying a quasi-normal life and are going back to theatres just as they were before. The premium immersive experience offered by D-BOX enhances the entertainment and is one of the reasons why moviegoers are back to theatres.”

ABOUT D-BOX
D-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, 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.

 
Comment by bingostar on Sep 09, 2021 11:55am
Not a good sign if they need to borrow additionnal money ,maybe that is needed to payback the ransomware claim. ?
Comment by kalareta on Sep 09, 2021 11:55pm
Sooner or later this is 5 dollar stock.
Comment by muslix1 on Sep 10, 2021 8:25am
i hope... by the way Gearbox invested 200 millions in Montreal... excellent buyer for Dbox... That would be an easy way for Gearbox to go on the TSE...
Comment by bingostar on Sep 13, 2021 11:08am
What make you believe it will be a 5$ stock ?
Comment by bingostar on Sep 13, 2021 1:58pm
The cost od developping a similar system would be around 60 M$, and  if you add all the code lines they have in assets for movies, songs ect plus the goodwill with theater we are talking about 100 M$ only for the entertainment side. It is diificult to give an appraisal under 0.50$ at this stage but 5 $ would imply a battle for a takeover .
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