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What do you all think about this? Texas Instruments Will Work with Imax Corporation To Develop Projectors Featuring DLP Cinema Technology DLP Cinema Projector Manufacturer Initial Line-Up Now Complete; Imax to Be The Exclusive Developer and Provider of Large-Format DLP Cinema Projectors Updated 7:29 AM ET June 5, 2000DALLAS, June 5 /PRNewswire/ -- Texas Instruments (TI) (NYSE:TXN) today announced that it had signed an agreement with Imax Corporation (Nasdaq: IMAX; Toronto: IMX), headquartered in Mississauga, Canada, under the terms of which Imax and its subsidiary Digital Projection International (DPI) will develop, manufacture and market projectors based on DLP Cinema(TM) projection technology for both large-format IMAX(R) theatres as well as standard cinema. "We're delighted by this announcement," said Bob England, Senior Vice President and Manager of TI's Digital Imaging division. "Imax has a worldwide reputation for excellence in showing movies, and Imax's wholly-owned subsidiary, Digital Projection International, is one of our longest-standing customers for DLP technology. With their knowledge of how to get the best from DLP technology, the cinema expertise and experience that Imax brings, and the power of the IMAX brand, we believe we have added great strength to our program to roll out DLP Cinema technology globally." Terms of the agreement between TI and Imax were not announced. However, TI will make available to Imax DLP Cinema(TM) technology that will form the heart of a new generation of all-digital cinema projectors for both standard and large-format venues. Also as part of the agreement, Imax will be the exclusive licensee of DLP Cinema(TM) technology for large-format venues. The two other licensees for standard format cinema venues, Christie Systems Inc. and BARCO, were announced in March. "We are very happy to enter into this agreement with TI to develop digital projectors for conventional cinema and IMAX theatres," said Imax co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "We are excited about the opportunity in d-cinema for conventional theaters given Imax's tradition of delivering the highest quality images and DPI's history with TI in developing high brightness DLP technology. While there are a significant number of technological hurdles to overcome to develop a digital system that meets our standards of image size and clarity for IMAX theatres, we are very happy to be the exclusive provider of this world leading technology once a solution has been developed. This agreement, and our larger relationship with TI, will keep Imax at the leading edge of projection technology and reaffirm our leadership in the large-format cinema market." Digital cinema or d-cinema refers to conventional movie theaters replacing 35mm film prints and film-based projectors with movies encoded as digital data that are projected using digital projectors. This transformation will allow for a higher quality image to be projected in the theatre and a significant reduction in the cost of producing and distributing film prints. DLP Cinema(TM) projection technology is considered the leading technology to drive this change. "Our DLP Cinema(TM) technology program continues to gain momentum with this exciting announcement," said Doug Darrow, Business Manager for DLP Cinema(TM). "Beyond this, our field demonstration program is returning impressive results in terms of audience and exhibitor acceptance and in terms of the robustness and reliability of the technology. We continue to announce additional locations and movies as we expand the program to even more worldwide locations. We believe we're on track to see several thousand projectors based on DLP Cinema projection technology installed within the next three years or so." TI's DLP Cinema(TM) projection technology has already been exposed to over three quarters of a million movie-goers throughout the world. These extensive field demonstrations began in June 1999 with all-digital showings at two North American locations of "Star Wars: Episode I -- The Phantom Menace." This was followed in July when 'Tarzan' was shown at three locations. 'Toy Story 2' opened on six projectors in November in the U.S., and opened on an additional six projectors in February and March in Europe and Japan. 'Bicentennial Man' opened in the U.S. and Canada on six projectors in December, followed by 'Mission to Mars' in March in North America and May in Europe. An additional four projectors were added in the U.S. for the opening of 'Dinosaur' on May 19. Additional DLP Cinema(TM) projectors will be installed in worldwide locations during the second and third quarter of this year to bring the total to around forty. DLP Cinema(TM) technology is Digital Light Processing(TM) technology specifically adapted for the needs of the movie industry. By comparison with the industry-leading large venue DLP(TM) technology-based projectors on which it is based, it features even higher contrast, together with color processing designed to replicate the visual experience of film: commercial projectors featuring DLP(TM) technology are designed primarily for video and graphics applications. At the heart of TI's DLP Cinema(TM) technology are three Digital Micromirror Device(TM) optical semiconductor chips. The DMD(TM) switch has an array of to 1,310,000 hinged, microscopic mirrors which operate as optical switches to create a high resolution, full color image. Today, TI supplies DLP(TM) subsystems to more than thirty of the world's top projector manufacturers, who then design, manufacture and market DLP(TM) technology-based projectors. There are now over fifty products featuring DLP(TM) technology in the market. Since early 1996, over 350,000 DLP(TM) subsystems have been shipped. Over the past four years, DLP(TM) technology-based projectors have consistently won some of the audio-visual industry's most prestigious awards, including, in June 1998, an Emmy Award from the Academy of Television Arts & Sciences. Imax Corporation and its subsidiaries comprise one of the world's leading entertainment technology companies, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, digital post-production and digital projection. There were more than 210 IMAX theatres operating in 26 countries around the world as of March 31, 2000. Imax's subsidiaries include Digital Projection International, whose primary business is the design and manufacture of high-end digital image delivery devices, and Sonics Associates a designer and manufacturer of high-end sound systems. Imax has forged strategic alliances and relationships with some of the most prominent corporations in the world including Famous Players Inc. (a subsidiary of Viacom Inc.), America Online Inc. and Loews Cineplex Corp. Imax Corporation is a publicly traded company listed on both the Nasdaq and Toronto stock exchanges (Nasdaq: IMAX; Toronto: IMX). More information on the Company can be found at www.imax.com . Texas Instruments Incorporated is the world leader in digital signal processing and analog technologies, the semiconductor engines of the Internet age. The company's businesses also include materials and controls, and educational and productivity solutions. TI is headquartered in Dallas, Texas and has manufacturing or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information on TI's DLP(TM) technology can be found on the World Wide Web at http://www.ti.com/ dlp . Digital Light Processing, DLP, Digital Micromirror Device, DMD and DLP Cinema are all trademarks of Texas Instruments. All other products and names may or may not be trademarks or registered trademarks of their respective companies. |
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Anonymous posted on Sunday, June 11, 2000 - 11:17 am
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Time to look ahead to a time when film projection technology is a thing of the past. What will YOUR role be if IMAX presentations are "push-the-button" shows? When big crates of film no longer have to travel across continents to make shows possible? When film print expenses no longer affect booking decisions? What will be the incentives to upgrade to digital projectors? Will a present investment in an IMAX film projector be seen as a waste of money when the DLP projector arrives? I hope IMAX is taking this into consideration, or it will have an awful lot of very unhappy customers in a few years. |
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Anonymous posted on Sunday, June 11, 2000 - 04:15 pm
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| The goal of DLP development has been to acheieve a brighter image with higher resolution all along. Since Texas Instruments is the largest producer of DLP equipment, does it seem that Imax is basically laying some sort of claim to any technology that produces a larger-than-traditional image? |
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Anonymous posted on Sunday, June 11, 2000 - 09:54 pm
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--Time to look ahead to a time when film projection technology is a thing of the past. What will YOUR role be if IMAX presentations are "push-the-button" shows? When big crates of film no longer have to travel across continents to make shows possible? When film print expenses no longer affect booking decisions?-- The obvious response is: I really don't think "they" know or care what individuals' role will be. I assume that many jobs--including my own--will no longer be needed and, like any other dead job, they will be eliminated. But that is the price to pay for technological advances. And to assume our jobs will affect any decision-making, or stand in the way of progress, is folly. Things change. We no longer need patch-bay switchboard operators, or telegraph men, or newspaper boys who hawk issues on the corner, or thousands of other jobs. And we may no longer need films, reel units, or compressors--or projectionists, service technicians, Kodak, or DKP. That's life. |
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Ken Larson posted on Tuesday, June 13, 2000 - 03:04 am
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With the loss of "traditional projectionist" there will be new opportunities for those who look ahead. There will still be a need for qualified and interested persons to install, run and maintain equipment no matter what the format. If you are hard working, dilligent, committed to putting out a superior product and willing to continue to learn,better yourself and grow with the industry; there will always be a place for you. Imax will still need people that they can count on.People who have proven themselves to be necessary to the companies growth and financial stability. The question then is: Do we sit on our butts and complain that IMAX is keeping up with emerging trends and we will be obsolete? Or, do we help Imax realize that we have always been the ones they could count on and WE should be the ones that help bring them into the future? The choice is ours. |
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Anonymous posted on Tuesday, June 13, 2000 - 04:57 am
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I'm not complaining that IMAX is keeping up with emerging trends. All I'm saying is that we must be ready for the future when it arrives. We are all no doubt familiar with small theaters that use video projection as the source of the presentation. Very few of these theaters require a full-time projectionist or full-time maintenance person aboard to keep them running. Imagine that IMAX presentations have evolved into that kind of thing. In an institutional theater, there will be no need for a squadron of projectionists, only an electronic maintenance person who makes adjustments when needed (sort of like the guys who take care of Digistars). In a commercial multiplex with IMAX and conventional theaters, the manager may end up setting up all of the theaters--IMAX included--for shows, so the popcorn preparers can "push the button" to make the show go. Everyone in the projection trade should begin to evolve into a combination of theater manager and projectionist. Non-technical management skills will be needed when your IMAX projector is hauled away and a smaller, more efficient video projector is installed in its place. |
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Tom Wahl posted on Wednesday, June 14, 2000 - 05:14 pm
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You guys have the right idea about keeping your options open and thinking about the future. I worked for Kodak for 28 years, and one day last year they said time to look for a new Job Tom. I bailed out. I was reel:) bitter at first, but there is life after kodak, and there will be life after IMAX also if the worst happens. Fortunately for me projection is part time for me for extra cash, but for most of you it is much more I'm sure. You just need to have a plan. Having said that, I don't see digital being a replacement for LF film anytime soon, and keep the IMAX quality presentation. Analog will be around for at least 10 years before digital becomes good enough or reliable enough for prime time. Roger Ebert did a story on film vs digial, and a product like IMAX is far far better than any digital projection in his opiion. I tend to believe Mr Ebert. You can read the story at his website, unfortunately it's burried in one of the side menus. I'l try to post the url in another post if you guys want to read it. :) |
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| Did anyone see the Efilms digital test that was screened in the technical sessions at LFCA 2000, and what did you think of it? |
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