STRONG/MDI Screen Systems Introduces the HGA ReAct 1.4 Screen
September 20 2022 - 8:30AM
STRONG/MDI Screen Systems, Inc. (“STRONG/MDI”) a wholly-owned
subsidiary of Ballantyne Strong, Inc. (“Ballantyne Strong”) (NYSE
American: BTN) and a leader in manufacturing state-of-the-art
cinema screens announces the release of the HGA ReAct 1.4 screen, a
highly efficient and versatile screen developed for the new
generation of high-resolution laser projectors.
The new HGA ReAct 1.4 screen is engineered for
high output laser projector systems that require superior light
diffusion properties. It is ideal for exhibitors focused on the
highest quality viewing experience with both 2D and 3D
capabilities. The proprietary HGA coating at a 1.4 gain results in
a crisp laser projection image with a brighter white background and
an ultra-wide viewing angle. The immersive experience is heightened
when HGA ReAct 1.4 is combined with STRONG/MDI’s micro-perforation
pattern that ensures the optimal level of light reflectance and
sound transmission.
“With the HGA ReAct 1.4, we provide a solution
for our many loyal customers who have requested a screen with
premium performance in both 2D and 3D. The efficiency of this
screen not only meets, but exceeds their demand, ‘’ says François
Barrette, Senior Vice President & General Manager for
STRONG/MDI. “The new HGA 1.4 Laser ready screen complements
STRONG/MDI’s comprehensive and unique portfolio, which has the
capability to address any theater configuration.’’
“Next generation 3D movies will certainly
deliver amazing immersive experiences and our HGA ReAct 1.4 screen
can further enhance the in-theatre experience. We believe
exhibitors will take advantage of this opportunity to offer their
patrons the best quality using the right projector with the right
screen,’’ says Ray Boegner, President of Strong Entertainment at
Ballantyne Strong.
Those looking for more information on product
developed by STRONG/MDI Screen Systems can contact the sales team
by phone at +01 450 755-3795 or via email
info@strongmdi.com.
About Ballantyne Strong, Inc. and Strong/MDI Screen
Systems, Inc.Ballantyne Strong, Inc. is a diversified
holding company with operations and investments across a broad
range of industries. The Company’s Strong Entertainment business
unit includes STRONG/MDI Screen Systems (www.strongmdi.com), the
leading premium screen and projection coatings supplier in the
world and Strong Technical Services (www.strong-tech.com), which
provides comprehensive managed service offerings with 24/7/365
support nationwide to ensure solution uptime and availability.
Ballantyne Strong also holds stakes in GreenFirst Forest Products
Inc., Firefly, Inc, and FG Financial Group, Inc.
Forward-Looking Statements
This press release may contain “forward-looking
statements.” All statements, other than statements of historical
facts, are forward-looking statements. The Company may, in some
cases, use words such as “project,” “believe,” “anticipate,”
“plan,” “expect,” “estimate,” “intend,” “should,” “would,” “could,”
“potentially,” “will” or “may,” or other words that convey
uncertainty of future events or outcomes, to identify these
forward-looking statements. Such forward-looking statements are
based on management’s current expectations, but actual results may
differ materially due to various factors, including but not limited
to those discussed in the “Risk Factors” section contained in Item
1A in Ballantyne Strong, Inc.’s Annual Report on Form 10-K for the
year ended December 31, 2021 and the Company’s subsequent filings
with the Securities and Exchange Commission, and the following
risks and uncertainties: the negative impact that the COVID-19
pandemic has already had, and may continue to have, on the
Company’s business and financial condition; the impact on the
global economy and supply chains of the ongoing military conflict
in Ukraine and the sanctions related thereto; the Company’s ability
to maintain and expand its revenue streams to compensate for the
lower demand for the Company’s digital cinema products and
installation services; potential interruptions of supplier
relationships or higher prices charged by suppliers; the Company’s
ability to successfully compete and introduce enhancements and new
features that achieve market acceptance and that keep pace with
technological developments; the Company’s ability to successfully
execute its capital allocation strategy or achieve the returns it
expects from these investments; the Company’s ability to maintain
its brand and reputation and retain or replace its significant
customers; challenges associated with the Company’s long sales
cycles; the impact of a challenging global economic environment or
a downturn in the markets (such as the current economic disruption
and market volatility generated by the ongoing COVID-19 pandemic
and ongoing military conflict in Ukraine and related sanctions);
economic and political risks of selling products in foreign
countries (including tariffs); risks of non-compliance with U.S.
and foreign laws and regulations, potential sales tax collections
and claims for uncollected amounts; cybersecurity risks and risks
of damage and interruptions of information technology systems; the
Company’s ability to retain key members of management and
successfully integrate new executives; the Company’s ability to
complete acquisitions, strategic investments, entry into new lines
of business, divestitures, mergers or other transactions on
acceptable terms, or at all; the impact of the COVID-19 pandemic on
the Company’s portfolio companies; the Company’s ability to utilize
or assert its intellectual property rights, the impact of natural
disasters and other catastrophic events (such as the ongoing
COVID-19 pandemic and ongoing military conflict in Ukraine and
related sanctions); the adequacy of insurance; the impact of having
a controlling stockholder and vulnerability to fluctuation in the
Company’s stock price. Given the risks and uncertainties, readers
should not place undue reliance on any forward-looking statement
and should recognize that the statements are predictions of future
results which may not occur as anticipated. Many of the risks
listed above have been, and may further be, exacerbated by the
ongoing COVID-19 pandemic, its impact on the cinema and
entertainment industry, and the worsening economic environment.
Actual results could differ materially from those anticipated in
the forward-looking statements and from historical results, due to
the risks and uncertainties described herein, as well as others not
now anticipated. New risk factors emerge from time to time, and it
is not possible for management to predict all such risk factors,
nor can it assess the impact of all such factors on the Company’s
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements. Except where required
by law, the Company assumes no obligation to update, withdraw or
revise any forward-looking statements to reflect actual results or
changes in factors or assumptions affecting such forward-looking
statements.
STRONG/MDI Screen Systems, Inc. Contact |
|
Francois Barrette |
|
General Manager |
|
450-755-3795 |
|
info@strongmdi.com |
|
|
|
Ballantyne Strong Investor Relations
Contacts |
|
Mark Roberson |
John Nesbett / Jennifer Belodeau |
Ballantyne Strong, Inc. - Chief Executive Officer |
IMS Investor Relations |
704-994-8279 |
203-972-9200 |
IR@btn-inc.com |
jnesbett@institutionalms.com |
Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Nov 2024 to Dec 2024
Ballantyne Strong (AMEX:BTN)
Historical Stock Chart
From Dec 2023 to Dec 2024