Future of Cinema

Beijing, China, 13 June 2012 – CFG-Barco (Beijing) Electronics Co. Ltd. (CFG-Barco), a joint venture founded by Barco and China Film Group, today held its ‘Cinema of the Future – 2012 CFG-Barco Digital Film Summit’ in Suzhou. The summit showcased the ‘Cinema of the Future’, presenting Barco’s leading technologies and total solution for the digital cinema industry.
 
Over 130 experts in China’s film industry participated in the summit, discussing the concept of the ‘cinema of the future’ and the technological trends in the global cinema market. The participants also experienced first-hand the revolutionary changes in the next generation technologies for the cinema.
 
Cutting-edge technologies lead cinema into the future

This summit is the first industry-wide event held by CFG-Barco since the company’s establishment in August 2011. Key decision-makers from the entire film industry supply chain gathered here to present their suggestions for, and outlook on, the ‘cinema of the future’.

Cheng Yang, General Manager of CFG Digital Film Development (Beijing) Co., Ltd., said: “This summit was a remarkable event for China’s digital film industry. We participated in the sections on production & distribution, cinema operations, cinema construction, and hardware & software technologies, gaining an inside perspective on the current issues and looking ahead to the industry’s prospects. I believe that these valuable communications and discussions will indeed have a positive impact on the digital film industry.”

As one of the highlights of the event, CFG-Barco showcased a series of trend-setting new-generation digital film projection technologies, treating the participants to unprecedented movie experiences. The technologies included:

Barco’s revolutionary laser technologies – 4K laser projector (up to 55,000 ANSI lumens);
3D comparison of ‘ultra-reality’ high frame rate content on a giant screen;
The AURO 11.1 3D sound system, which delivers a totally immersive auditory experience with breathtaking reality;
Turnkey projection – the DP2K-Cx series, specially designed for the Chinese film projection market;
Yang Xuepei, Director of the China Film Science and Technology Research Institute, was excited by the laser projector demonstration: “Barco’s laser projection technology has reached an unprecedented level of projection brightness, color richness, and visual impact. We’re grateful to Barco for introducing these state-of-the-art laser technologies, leading the way to digital cinema’s future. These technologies will take the future film experience to a new level.”

Wanda Cinema, the biggest cinema circuit in China as measured by box office volume, is also intensely interested in laser. Ye Ning, General Manager of Wanda Cinema, said: “We are very pleased to experience the effects of laser projection. As an industry leader, Wanda would like to work with front-running market players, like Barco, to continuously provide more immersive film experiences for movie viewers.”

 A total solution to serve the China market

Drawing on Barco’s world-class technological advances and level of service, CFG-Barco is providing China’s film exhibitors with a total solution turnkey digital cinema projector package. The DP2K-Cx series – the first integrated digital projection system tailor-made for the Chinese market – will be rolled out in June. Moreover, CFG-Barco is a supplier of Theatre Management System (TMS), Network Operation Center (NOC), Digital Signage system, and immersive 3D Audio System – all of which will become key components of the projection management system of the ‘cinema of the future’.

Chen Xuxiang, General Manager of CFG-Barco (Beijing) Electronics Co. Ltd., said: “We aim to provide a complete product porfolio to serve the entire range of theatres – from small auditoriums to medium and large cinema theaters – providing the cinema exhibitor in China with a total solution for digital cinema projection.”

“We are so excited that cinema market in China will grow very fast to surpass Japan in 2012, as the world’s 2nd largest movie market, after the U.S.” said Dave Duncan, Business Manager for Texas Instruments DLP Cinema® Products, “TI DLP will dedicate to bring the most advanced cinema technology for our partners to serve Chinese Cinema industry from small screens to giant screens. Together with CFG-Barco, we will continue focusing on helping local distributors in China to create more business opportunities, through the advanced DLP Cinema technology.”

 Wim Buyens, Senior Vice President Barco and Head of the Entertainment Division, commented: “We have successfully transitioned Barco’s digital cinema business in China to CFG-Barco. I am very pleased that customers and industry colleagues continue to give us great support. We have showcased the latest technologies of the 'cinema of the future' at our summit. Our total solution will give customers the right confidence and improve their total cost of ownership. I believe that our summit will provide a valuable reference for the development of China’s film industry over the long-term.”

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About CFG-Barco (Beijing) Electronics Co. Ltd.

CFG-Barco (Beijing) Electronics Co. Ltd. (‘CFG-Barco’) was established in 2011. The company is a joint venture among two Barco subsidiaries – Barco Visual (Beijing) Electronics Company Limited and Barco China (Holdings) Limited Company – and China Film Equipment Co. Ltd., a subsidiary of China Film Group.

CFG-Barco illustrates Barco’s and China Film Group’s determination to develop China’s digital cinema market by strengthening the localized development and production of digital cinema products and services in China.

Through its customer service facilities, sales, local R&D, and production, the company will maintain the Barco brand and ensure Barco’s world-class quality and service. Leveraging the experience and influence of China Film Equipment Co. Ltd., the company will also build more effective communication channels and a more intimate relationship with customers.

Headquarters and factory unit of CFG-Barco (Beijing) Electronics Co. Ltd. is located in the Chang Ping District, Beijing.

About Barco
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with more than 3,500 employees worldwide. Barco posted sales of 1.041 billion euro in 2011.