Cinedigm Digital Cinema Corp. (CIDM) Announces Agreement with Rave Motion Pictures

Cinedigm Digital Cinema Corp. is the global leader in the digital cinema industry. The company provides the services, experience, technology and content to transform movie theaters into digital and networked entertainment centers. Cinedigm works with Hollywood movie studios, independent movie distributors and exhibitors to bring movies in digital cinema format to audiences across the country.

The company recently announced that Rave Motion Pictures, a Texas-based cinema chain, has signed an agreement to participate in Cinedigm’s Phase 2 digital cinema deployment program. Participating in the program will be Rave’s 356 screens across 20 states. All will become Cinedigm Certified digital cinema theaters using the company’s technology solutions. Rave already participated in Cinedigm’s Phase 1 deployment program in 2006.

Cinedigm’s digital cinema division is the industry-leading deployment program for digital cinema that facilitates the funding, installation support and administration for the company’s studio-supported digital cinema rollout plans. All theaters that participate in the company’s Phase 1 and Phase 2 plans become Cinedigm Certified with Cinedigm’s proven technology to provide the very best experience possible along with choices of programming never before available.

In April 2008, the CBG – a buying program of the National Association of Theater Owners for small and independent theater operators – announced the selection of Cinedigm as the digital cinema integrator of choice for the CBG’s 600+ members in the United States and Canada. To date, Cinedigm has contracted for and completed the rollout of nearly 4,000 systems in 41 states. Its Phase 2 plan will add up to another 10,000 systems to the company’s network.