WANDA CINEMA LINE AND CHRISTIE SIGN STRATEGIC PARTNERSHIP TO ACCELERATE DIGITAL CINEMA AND IMMERSIVE SOUND ROLLOUT IN CHINA

Extensive agreement sees Christie 2/4K digital cinema projectors, Christie 6P laser projectors and Christie Vive Audio solutions installed among 1,500-plus screens over next 3 years; Christie to build more customer service centers in China to support deployment

SHANGHAI - (August 28, 2015) - Christie, a global leader in digital cinema projection, announced today that Wanda Cinema Line, a subsidiary of Wanda Group and the world's largest cinema operator with 195 theaters and 1,732 movie screens in China as at July 2015, will install upwards of 1,500 Christie Solaria Series 2K and 4K digital cinema projectors, as well as the Christie Vive Audio solution in selected theaters, over three years.


Christie will establish 13 parts-and-service centers in China to meet the resulting needs for servicing and maintenance of this massive rollout. Both parties will also continue to strengthen cooperation in training of their technical teams. Upon successful installation of the equipment, Wanda Cinema Line will have more than 3,500 Christie digital cinema projectors in use.

Wanda Cinema Line in China accounted for 14.2 percent of box office share nationwide in 2014. Increasing screens annually from 2014 onwards, Wanda Cinema is on track to lead in cinema market share in China with 2,300 screens in 260 theaters in 2016.

Maojun Zeng, Vice President of Wanda Culture Group and CEO of Wanda Cinema Line, said, "It has been a pleasure working with Christie to date and we look forward to strengthening our collaboration with this industry pioneer and ongoing visual solutions technology leader. Together, we will provide high-quality, innovative shared experiences for Wanda's customers."

Lin Yu, vice president, Christie Asia Pacific, echoed these sentiments. "This agreement is the result of the deep and mutually-satisfying relationship that the two companies embarked on in 2009, and which has seen fruitful engagements ever since. Today, we are honored to be again selected by Wanda Cinema Line to be a key part of its digital cinema expansion in China."

"Christie offers a wide range of projectors, including our top-of-the-line laser projectors, ensuring that the specific requirements of every venue in Wanda Cinema Line's base are met with the right visual and audio solutions. On behalf of the Christie team of dedicated technical professionals, we look forward to continuing to put Wanda Cinema Line at the forefront of the film industry, in China and worldwide," Yu added.

Both parties will continue to promote the technology, branding and market development of Wanda's "Hall 9" auditoriums, which gained momentum in 2014 when the first Christie Vive Audio cinema sound system in China was installed in Wanda Cinema Line's state-of-the-art Hall 9 auditorium at Beijing CBD Wanda Plaza located in downtown Beijing. The installation comprises more than 50 Christie Vive Audio speakers of varying combinations, including LA3 screen channel speakers, S215 subwoofers (for full range frequency response), S218 for Low Frequency Effects (subwoofers) channels, LA3S and LA5S for wall surround, as well as LA3C and LA5C for ceiling surrounds. More Hall 9 Vive installations are planned.

More of Wanda's Hall 9 auditoriums will feature Christie 4K digital cinema projectors, which produce brilliant, high resolution visuals, using either Christie's Xenon-lamp based models or its DCI compliant Christie CP42LH 6P laser projector. The CP42LH provides up to 60,000 lumen brightness, 4K resolution and on up to the Rec. 2020 color space for the best color reproduction in the industry, ensuring that Christie's RGB laser systems sets new standards for incredible brightness, wider color gamut and astounding contrast, to benefit Wanda Cinema Line's customers.

About Wanda Cinema Line
Established in 2005, Wanda Cinema Line is a subsidiary of Wanda Group. As at July 31, 2015, Wanda Cinema has operated 195 theaters in over 100 cities nationwide, with 1,732 projection screens, of which more than 120 are IMAX screens. Since 2014, Wanda Cinema Line has accelerated its pace of growth, and is expected to operate 260 theaters and over 2,300 screens in 2016.

About Christie
Christie Digital Systems USA, Inc. is a global visual and audio technologies company and is a wholly-owned subsidiary of Ushio, Inc., Japan, (JP:6925). Consistently setting the standards by being the first to market some of the world's most advanced projectors and complete system displays, Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centers to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images. Visit www.christiedigital.com.

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