VGL vista group international limited

Ann: JOINTV: VGL: Vista partners with CCG to enter the French market

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    • Release Date: 15/04/15 14:31
    • Summary: JOINTV: VGL: Vista partners with CCG to enter the French market
    • Price Sensitive: No
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    					VGL
    15/04/2015 14:31
    JOINTV
    PRICE SENSITIVE
    REL: 1431 HRS Vista Group International Limited
    
    JOINTV: VGL: Vista partners with CCG to enter the French market
    
    MARKET ANNOUNCEMENT
    15 April 2015, Vista Group International Ltd, Auckland, New Zealand
    
    Vista partners with Cote Cine Group to enter the French market.
    
    Vista Entertainment Solutions (VES), a company of Vista Group International,
    has agreed to enter into a business partnership with Cote Cine Group (CCG), a
    leading cinema software service provider for the French cinema exhibition
    industry. The partnership is subject to the finalisation of a distribution
    agreement between the parties.
    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 Cote Cine Group:
    Cote Cine Group, a leading provider of digital services for French movie
    theatres, also operates in the United States under the BoxOffice(R) brand. On
    February 13, 2015 Cote Cine Group announced that it had entered into
    exclusive negotiations for an acquisition by Webedia, the digital media
    business unit of the FIMALAC Group. This acquisition is expected to close in
    the next few weeks.
    
    For further information:
    www.vistagroup.co
    www.vista.co
    www.veezi.com
    www.cotecinegroup.fr
    End CA:00263130 For:VGL    Type:JOINTV     Time:2015-04-15 14:31:27
    				
 
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