Latest news with #SébastienMailhot
Yahoo
2 days ago
- Business
- Yahoo
D-BOX Technologies Announces CEO Change
MONTREAL, June 04, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. ('D-BOX' or the 'Corporation') (TSX: DBO), a corporation with more than 25 years of experience delivering immersive motion experiences in movie theatres, sim racing, gaming, simulation training and more, today announced a mutual agreement with Sébastien Mailhot, its Chief Executive Officer, under which Mr. Mailhot will be stepping down, and Naveen Prasad will assume the role of interim Chief Executive Officer effective as of the close of business on June 10, 2025. D-BOX extends its gratitude to Sébastien Mailhot for his dedicated service and invaluable contributions. During his tenure, Mr. Mailhot achieved significant and critical financial milestones, helping the Corporation deliver both revenue growth and improved profitability. 'On behalf of the entire Board of Directors and management team, I want to extend our sincere thanks and appreciation to Sébastien Mailhot for his dedication and the positive impact he had on D-BOX,' said Brigitte Bourque, Chair of the Board of Directors. 'This mutual decision allows for a smooth transition and positions the Corporation to build on the financial progress achieved under Sébastien's leadership, as we look to further unlock D-BOX's potential. We wish Sébastien all the best,' stated Mrs. Bourque. With Naveen Prasad's appointment, the Board is reinforcing its commitment to focused execution. A seasoned media and technology executive, Mr. Prasad brings over 25 years of experience driving growth, innovation, and organizational change. He is the Co-Founder of SoundIMAGE, an AI-powered localization company, and Founder of the media consultancy firm Impossible Objects. As President of VICE Media Canada, he led a comprehensive restructuring across all divisions. He was also a key architect in building Elevation Pictures into Canada's leading independent film distributor and held senior executive roles at Entertainment One and Alliance Films. A current D-BOX Board member, Mr. Prasad steps into the CEO role with deep operational insight and a proven record of leadership and change. 'D-BOX is at an important inflection point, and I'm stepping into this role with a sharp focus on disciplined execution,' said Naveen Prasad. 'As a current independent Board member, I've seen the progress firsthand and understand the opportunities ahead. I look forward to working closely with the team to build on that momentum and ensure we're aligned around clear priorities and strategic outcomes.' Brigitte Bourque added, 'Naveen's deep understanding of the business and the industry, combined with a track record of leadership and transformation, makes him well positioned to lead D-BOX forward with focus and clarity. The Board has full confidence in his ability to strengthen operational effectiveness, support the team, and guide the next phase of the Corporation's evolution. His appointment reflects our shared commitment to delivering results and advancing the Corporation's priorities.' In addition, D-BOX is pleased to announce the appointment of Lori Vaudry Tersigni as an independent director. Mrs. Vaudry Tersigni brings extensive operational and leadership experience, having served as Senior Vice-President of Strategic Planning & Operational Effectiveness at Morneau Shepell (now Telus Health), and previously holding multiple executive roles at CIBC across strategy, governance, HR, and technology. She currently serves as a board member and Chair of the Human Resources Compensation Committee at the Canadian Securities Exchange. Mrs. Vaudry Tersigni holds a BA in Industrial Relations from McGill, an MBA from McMaster and holds both the Institute of Corporate Directors and Global Competent Boards designations, with the latter focused on ESG leadership. The Corporation further announced that it expects to release its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on Tuesday, June 10, 2025. ABOUT D-BOX TECHNOLOGIES INC.D-BOX Technologies Inc. (TSX: DBO) is a global leader in haptic technology, delivering immersive motion experiences that engage the body and spark the imagination. Our patented systems synchronize motion, vibration, and texture with on-screen content, enhancing storytelling across various platforms. With over 25 years of innovation, D-BOX's solutions are utilized in movie theaters, sim racing, and simulation & training. Headquartered in Montreal, Canada, with offices in Los Angeles, USA, D-BOX continues to redefine how audiences experience media worldwide. Visit FOR FURTHER INFORMATION, PLEASE CONTACT: D-BOX TECHNOLOGIES Le BlancVice President, Legal Affairs and Corporate SecretaryD-BOX Technologies DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS Certain information included in this press release may constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this document, words such as 'may', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation's expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation. Forward-looking information is provided in this press release for the purpose of giving information about Management's current expectations and plans and allowing investors and others to get a better understanding of the Corporation's operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose. Forward-looking information provided in this document is based on information available at the date hereof and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation's control. The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation's expectations expressed in or implied by the forward-looking information include, but are not limited to, the ability to complete a successful CEO transition and build on the current momentum and alignment around clear priorities and strategic outcomes. These and other risk factors that could cause actual results to differ materially from expectations expressed in or implied by the forward-looking information are discussed under 'Risk Factors' in the Corporation's annual information form for the fiscal year ended March 31, 2024, a copy of which is available on SEDAR+ at Except as may be required by Canadian securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events, circumstances or otherwise. The Corporation cautions readers that the risks described above are not the only ones that could have an impact on it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently deems to be immaterial may also have a material adverse effect on the Corporation's business, financial condition or results of in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
D-BOX Technologies Announces CEO Change
MONTREAL, June 04, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. ('D-BOX' or the 'Corporation') (TSX: DBO), a corporation with more than 25 years of experience delivering immersive motion experiences in movie theatres, sim racing, gaming, simulation training and more, today announced a mutual agreement with Sébastien Mailhot, its Chief Executive Officer, under which Mr. Mailhot will be stepping down, and Naveen Prasad will assume the role of interim Chief Executive Officer effective as of the close of business on June 10, 2025. D-BOX extends its gratitude to Sébastien Mailhot for his dedicated service and invaluable contributions. During his tenure, Mr. Mailhot achieved significant and critical financial milestones, helping the Corporation deliver both revenue growth and improved profitability. 'On behalf of the entire Board of Directors and management team, I want to extend our sincere thanks and appreciation to Sébastien Mailhot for his dedication and the positive impact he had on D-BOX,' said Brigitte Bourque, Chair of the Board of Directors. 'This mutual decision allows for a smooth transition and positions the Corporation to build on the financial progress achieved under Sébastien's leadership, as we look to further unlock D-BOX's potential. We wish Sébastien all the best,' stated Mrs. Bourque. With Naveen Prasad's appointment, the Board is reinforcing its commitment to focused execution. A seasoned media and technology executive, Mr. Prasad brings over 25 years of experience driving growth, innovation, and organizational change. He is the Co-Founder of SoundIMAGE, an AI-powered localization company, and Founder of the media consultancy firm Impossible Objects. As President of VICE Media Canada, he led a comprehensive restructuring across all divisions. He was also a key architect in building Elevation Pictures into Canada's leading independent film distributor and held senior executive roles at Entertainment One and Alliance Films. A current D-BOX Board member, Mr. Prasad steps into the CEO role with deep operational insight and a proven record of leadership and change. 'D-BOX is at an important inflection point, and I'm stepping into this role with a sharp focus on disciplined execution,' said Naveen Prasad. 'As a current independent Board member, I've seen the progress firsthand and understand the opportunities ahead. I look forward to working closely with the team to build on that momentum and ensure we're aligned around clear priorities and strategic outcomes.' Brigitte Bourque added, 'Naveen's deep understanding of the business and the industry, combined with a track record of leadership and transformation, makes him well positioned to lead D-BOX forward with focus and clarity. The Board has full confidence in his ability to strengthen operational effectiveness, support the team, and guide the next phase of the Corporation's evolution. His appointment reflects our shared commitment to delivering results and advancing the Corporation's priorities.' In addition, D-BOX is pleased to announce the appointment of Lori Vaudry Tersigni as an independent director. Mrs. Vaudry Tersigni brings extensive operational and leadership experience, having served as Senior Vice-President of Strategic Planning & Operational Effectiveness at Morneau Shepell (now Telus Health), and previously holding multiple executive roles at CIBC across strategy, governance, HR, and technology. She currently serves as a board member and Chair of the Human Resources Compensation Committee at the Canadian Securities Exchange. Mrs. Vaudry Tersigni holds a BA in Industrial Relations from McGill, an MBA from McMaster and holds both the Institute of Corporate Directors and Global Competent Boards designations, with the latter focused on ESG leadership. The Corporation further announced that it expects to release its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on Tuesday, June 10, 2025. ABOUT D-BOX TECHNOLOGIES INC.D-BOX Technologies Inc. (TSX: DBO) is a global leader in haptic technology, delivering immersive motion experiences that engage the body and spark the imagination. Our patented systems synchronize motion, vibration, and texture with on-screen content, enhancing storytelling across various platforms. With over 25 years of innovation, D-BOX's solutions are utilized in movie theaters, sim racing, and simulation & training. Headquartered in Montreal, Canada, with offices in Los Angeles, USA, D-BOX continues to redefine how audiences experience media worldwide. Visit FOR FURTHER INFORMATION, PLEASE CONTACT: D-BOX TECHNOLOGIES Le BlancVice President, Legal Affairs and Corporate SecretaryD-BOX Technologies DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS Certain information included in this press release may constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this document, words such as 'may', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation's expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation. Forward-looking information is provided in this press release for the purpose of giving information about Management's current expectations and plans and allowing investors and others to get a better understanding of the Corporation's operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose. Forward-looking information provided in this document is based on information available at the date hereof and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation's control. The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation's expectations expressed in or implied by the forward-looking information include, but are not limited to, the ability to complete a successful CEO transition and build on the current momentum and alignment around clear priorities and strategic outcomes. These and other risk factors that could cause actual results to differ materially from expectations expressed in or implied by the forward-looking information are discussed under 'Risk Factors' in the Corporation's annual information form for the fiscal year ended March 31, 2024, a copy of which is available on SEDAR+ at Except as may be required by Canadian securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events, circumstances or otherwise. The Corporation cautions readers that the risks described above are not the only ones that could have an impact on it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently deems to be immaterial may also have a material adverse effect on the Corporation's business, financial condition or results of nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
08-05-2025
- Business
- Yahoo
D-BOX and Cinemark Announce Expansion with the Addition of Over 70 New D-BOX Haptic-Enabled Screens
Expansion represents an increase of nearly 25% across new and existing markets in the U.S. MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. ('D-BOX' or the "Corporation") (TSX: DBO), a Corporation with more than 25 years of experience creating haptic and immersive experiences, is proud to announce an expansion of its long-standing relationship with Cinemark Holdings, Inc. ('Cinemark'), one of the largest and most influential theatrical exhibition companies in the world. This rollout will add over 70 D-BOX haptic-enabled screens across as many as 25 Cinemark theaters in the United States in the next eighteen (18) months, predominately in theaters that have yet to experience D-BOX. This expansion represents a significant investment and marks one of the largest multi-site expansions of D-BOX screens in recent years. Notably, the expansion will increase Cinemark's worldwide D-BOX presence to more than 500 auditoriums, further solidifying its position as the exhibitor with the highest D-BOX penetration. 'This continued collaboration with Cinemark highlights a shared commitment to innovation and premium experiences,' said Sébastien Mailhot, President and CEO of D-BOX. 'The fact that Cinemark is not only opening new D-BOX locations but also expanding existing ones shows the strength of the format and the growing audience appetite for immersive entertainment.' This latest expansion underscores D-BOX's ongoing commitment to redefining theatrical entertainment through innovation. By extending its immersive haptic technology to more locations in the United States, D-BOX is not only growing its global presence but also helping exhibitors deliver differentiated experiences that drive audience engagement and change the way they interact with films. ABOUT CINEMARK HOLDINGS, INC. Cinemark Holdings, Inc. (NYSE: CNK) provides extraordinary out-of-home entertainment experiences as one of the largest and most influential theatrical exhibition companies in the world. Based in Plano, Texas, Cinemark makes every day cinematic for moviegoers across nearly 500 theaters and more than 5,500 screens, operating in 42 states in the U.S. (304 theaters; 4,255 screens) and 13 South and Central American countries (193 theaters; 1,398 screens). Cinemark offers guests superior sight and sound technology, including Barco laser projection and Cinemark XD, the world's No. 1 exhibitor-branded premium large format; industry-leading penetration of upscale amenities such as expanded food and beverage offerings, Luxury Lounger recliners and D-BOX motion seats; top-notch guest service; and award-winning loyalty programs such as Cinemark Movie Club. All of this creates an immersive environment for a shared, entertaining escape, underscoring that there is no place more cinematic than Cinemark. For more information, visit ABOUT D-BOXD-BOX creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it's movies, video games, music, relaxation, virtual reality applications, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before. D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles, USA and Beijing, China. Visit D FOR FURTHER INFORMATION, PLEASE CONTACT: D-BOX TECHNOLOGIES ChandlerChief Financial OfficerD-BOX Technologies CINEMARK HOLDINGS, Piperpr@ DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS Certain information included in this press release may constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this document, words such as 'may', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation's expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation. Forward-looking information is provided in this press release for the purpose of giving information about Management's current expectations and plans and allowing investors and others to get a better understanding of the Corporation's operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose. Forward-looking information provided in this document is based on information available at the date hereof and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation's control. The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation's expectations expressed in or implied by the forward-looking information include, but are not limited to, the ability to complete the rollout within the planned timeframe amidst political and economic uncertainty. These and other risk factors that could cause actual results to differ materially from expectations expressed in or implied by the forward-looking information are discussed under 'Risk Factors' in the Corporation's annual information form for the fiscal year ended March 31, 2024, a copy of which is available on SEDAR+ at Except as may be required by Canadian securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events, circumstances or otherwise. The Corporation cautions readers that the risks described above are not the only ones that could have an impact on it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently deems to be immaterial may also have a material adverse effect on the Corporation's business, financial condition or results of in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-05-2025
- Business
- Associated Press
D-BOX and Cinemark Announce Expansion with the Addition of Over 70 New D-BOX Haptic-Enabled Screens
MONTREAL, May 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. ('D-BOX' or the 'Corporation') (TSX: DBO), a Corporation with more than 25 years of experience creating haptic and immersive experiences, is proud to announce an expansion of its long-standing relationship with Cinemark Holdings, Inc. ('Cinemark'), one of the largest and most influential theatrical exhibition companies in the world. This rollout will add over 70 D-BOX haptic-enabled screens across as many as 25 Cinemark theaters in the United States in the next eighteen (18) months, predominately in theaters that have yet to experience D-BOX. This expansion represents a significant investment and marks one of the largest multi-site expansions of D-BOX screens in recent years. Notably, the expansion will increase Cinemark's worldwide D-BOX presence to more than 500 auditoriums, further solidifying its position as the exhibitor with the highest D-BOX penetration. 'This continued collaboration with Cinemark highlights a shared commitment to innovation and premium experiences,' said Sébastien Mailhot, President and CEO of D-BOX. 'The fact that Cinemark is not only opening new D-BOX locations but also expanding existing ones shows the strength of the format and the growing audience appetite for immersive entertainment.' This latest expansion underscores D-BOX's ongoing commitment to redefining theatrical entertainment through innovation. By extending its immersive haptic technology to more locations in the United States, D-BOX is not only growing its global presence but also helping exhibitors deliver differentiated experiences that drive audience engagement and change the way they interact with films. ABOUT D-BOX D-BOX creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it's movies, video games, music, relaxation, virtual reality applications, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before. D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles, USA and Beijing, China. Visit D FOR FURTHER INFORMATION, PLEASE CONTACT: D-BOX TECHNOLOGIES INC. Josh Chandler Chief Financial Officer D-BOX Technologies Inc. [email protected] CINEMARK HOLDINGS, INC. Caitlin Piper [email protected] DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS Certain information included in this press release may constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this document, words such as 'may', 'would', 'could', 'will', 'likely', 'believe', 'expect', 'anticipate', 'intend', 'plan', 'estimate' and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation's expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation. Forward-looking information is provided in this press release for the purpose of giving information about Management's current expectations and plans and allowing investors and others to get a better understanding of the Corporation's operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose. Forward-looking information provided in this document is based on information available at the date hereof and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation's control. The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation's expectations expressed in or implied by the forward-looking information include, but are not limited to, the ability to complete the rollout within the planned timeframe amidst political and economic uncertainty. These and other risk factors that could cause actual results to differ materially from expectations expressed in or implied by the forward-looking information are discussed under 'Risk Factors' in the Corporation's annual information form for the fiscal year ended March 31, 2024, a copy of which is available on SEDAR+ at Except as may be required by Canadian securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events, circumstances or otherwise. The Corporation cautions readers that the risks described above are not the only ones that could have an impact on it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently deems to be immaterial may also have a material adverse effect on the Corporation's business, financial condition or results of operations.
Associated Press
19-02-2025
- Business
- Associated Press
D-BOX Technologies Haptic Experience Expanding Across 14 Cinemark Argentina and Hoyts Argentina Auditoriums
MONTREAL, Feb. 19, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. ('D-BOX' or the 'Corporation') (TSX: DBO), a world leader in haptic and immersive entertainment, is pleased to announce it is increasing its in-theater presence through an expansion of its relationship with Cinemark Argentina SRL (''Cinemark Argentina'') and Hoyts General Cinema De Argentina S.A. (''Hoyts Argentina''), together one of the largest and most influential theatrical exhibition companies in the world. Together, they will bring D-BOX's immersive haptic seats to more than 14 new auditoriums bringing the total to 32, reinforcing D-BOX's growing presence in the Latin American market while underscoring moviegoer demand for premium cinematic experiences. With this expansion, moviegoers in the Argentina market will have even more opportunities to experience D-BOX's high-fidelity haptic technology, which synchronizes movements, vibrations, and textures with the on-screen action for an immersive and dynamic viewing experience. 'We're thrilled to expand our partnership with Cinemark Argentina and Hoyts Argentina and to see that our haptic seats continue to be a key offering for attracting moviegoers and generating additional revenue for them,' said Sébastien Mailhot, President & CEO of D-BOX. 'They understand the power of immersion, and their investment speaks volumes about the continuously growing demand for premium experiences.' Martin Alvarez Morales, General Manager at Cinemark Argentina and Hoyts Argentina added: 'We are always looking for ways to offer our guests unique and engaging experiences, and D-BOX's haptic technology has been a proven differentiator for us. Expanding our D-BOX footprint allows us to elevate our premium offerings and bring an even greater level of immersion to our audiences.' This latest expansion marks another milestone in D-BOX's commitment to enhancing theatrical entertainment worldwide and delivering unforgettable experiences. By integrating its cutting-edge haptic technology into more locations, D-BOX continues to redefine how audiences engage with films, offering a deeper, more immersive connection with the on-screen action. ABOUT D-BOX D-BOX creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-BOX has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it's movies, video games, music, relaxation, virtual reality applications, metaverse experience, themed entertainment or professional simulation, D-BOX creates a feeling of presence that makes life resonate like never before. D-BOX Technologies Inc. (TSX: DBO) is headquartered in Montreal with offices in Los Angeles and China. Visit D Cinemark operates one of the most geographically diverse theater circuits in Latin America, with nearly 200 locations and 1,400 screens across 13 countries. Hoyts Argentina, a subsidiary of Cinemark, is a key player in the Latin American exhibition industry, bringing audiences the latest films in modern, comfortable theaters. Together, Cinemark and Hoyts Argentina continue to expand and enhance their entertainment offerings to meet the evolving preferences of moviegoers. Josh Chandler Elisabeth Hamaoui IR & Strategic Communications Consultants Chanda Brashears
