VGL
22/05/2015 09:09
GENERAL
PRICE SENSITIVE
REL: 0909 HRS Vista Group International Limited
GENERAL: VGL: VGL - Vista completes CCG partnership agreements
MARKET ANNOUNCEMENT
22 May 2015, Vista Group International Ltd, Auckland, New Zealand
Vista completes partnership agreements with C?t? Cin? Group to enter the
French market.
Vista Entertainment Solutions (VES), a company of Vista Group International
and C?t? Cin? Group (CCG), a leading cinema software service provider for the
French cinema exhibition industry, have finalised and signed the distribution
agreement between the parties, as outlined in the market announcement on 15
April 2015. The agreements were executed in Cannes where the new business
partnership is being introduced to the French cinema market.
CCG will become the distributor of Vista and Veezi software in France, the
largest box-office market in Europe.
"We are excited and proud to become Vista's business partner for the French
market", says Patrick Farcy, President of CCG. "Their software is recognised
throughout the cinema world, and we believe that the combination of their
technology and our in-depth knowledge of the French exhibition market will be
a winning formula for French cinemas; a world-class platform with local
service."
Under the Agreement, CCG will progressively upgrade current customers of CCG
to Vista. With the combination of CCG's existing client list and new Vista
customers (such as Kinepolis Group), Vista stands to build a leading market
share in France.
"We have been very impressed with the track record of CCG", says Mischa Kay,
Managing Director of Vista's European operations. "Over the past few years,
they have become a reference player in the French market. We are confident
that by combining their market expertise and our technology, we can take
ticketing to the next level and add significant additional value for French
cinema exhibitors."
Brian Cadzow
Director, Finance & Legal
Vista Group International Ltd
Contact: +64 9 984 4570
About Vista Group International:
Vista Group International (Vista Group) is a public company, listed on both
the New Zealand and Australian stock exchanges (NZX: VGL; ASX: VGI). Vista
Group provides cinema management, film distribution, and customer analytics
software to companies across the global film industry. Cinema management
software provided by Vista Entertainment Solutions is the core business of
the Group. Veezi, MACCS, Movio, and Numero products leverage the success of
this platform into other parts of the film industry; from production and
distribution, to cinema exhibition and through to the movie-goer experience.
It is estimated that in excess of a billion cinema tickets are processed
every year through Vista products. Vista Group has over 300 staff across six
offices in New Zealand (Auckland headquarters), Australia, the USA, the UK,
the Netherlands, and China.
About Vista Entertainment Solutions (VES):
Vista Entertainment Solutions is the world leader in cinema management
software solutions with installations in more than 60 countries across all
continents and an estimated 38% global market share in the Large Cinema
Circuit market. The Vista cinema management product line is both integrated &
scalable, suited to cinema exhibitor's operating 20+ screens and up to 100's
of cinemas. Vista software comprises multiple software modules required to
deliver optimal Box Office returns, total cinema management and both internal
and external analysis and reporting.
About C?t? Cin? Group:
C?t? Cin? Group is a leading provider of digital services for French movie
theatres, especially in the field of ticketing and marketing solutions. The
company also operates in the United States under the BoxOffice(R) brand. On
April 17, 2015 C?t? Cin? Group was acquired by Webedia, the digital media
business unit of the FIMALAC Group.
For further information:
www.vistagroup.co
www.vista.co
www.veezi.com
www.cotecinegroup.fr
End CA:00264677 For:VGL Type:GENERAL Time:2015-05-22 09:09:15
