VGL vista group international limited

Ann: GENERAL: VGL: Vista Group - Movio Signs Multi-Year Deal...

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    • Release Date: 05/05/15 12:06
    • Summary: GENERAL: VGL: Vista Group - Movio Signs Multi-Year Deal With AMC Theatres
    • Price Sensitive: No
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    					VGL
    05/05/2015 12:06
    GENERAL
    PRICE SENSITIVE
    REL: 1206 HRS Vista Group International Limited
    
    GENERAL: VGL: Vista Group - Movio Signs Multi-Year Deal With AMC Theatres
    
    Market Announcement
    05 May 2015, Vista Group International Ltd, Auckland, New Zealand
    
    Vista Group International Ltd ("Vista Group") through its subsidiary Movio
    Ltd has entered a multi-year agreement with AMC Theatres ("AMC"), the second
    largest cinema chain in the United States for use of its Movio Cinema
    product. Movio will implement its Movio Cinema analytics and marketing
    Software-as-a-Service solution across AMC's chain of 347 locations and 4,972
    screens in the United States. The details of the transaction are commercially
    sensitive and subject to restrictions regarding their release.
    
    The signing of the deal is significant for Movio and strategic in terms of
    the US market. It will increase Movio's market share (of its target market)
    to over 51% in North America.  The revenue from this new customer
    relationship forms part of the existing Prospective Financial Information
    guidance provided in the Vista Group Prospectus dated 3 July, 2014.
    
    Brian Cadzow
    Director / Finance and Legal
    Vista Group International Ltd
    Contact: +64 9 984 4570
    End CA:00263912 For:VGL    Type:GENERAL    Time:2015-05-05 12:06:30
    				
 
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