CinemaNext, the European specialist in cinema exhibitor services (Ymagis Group, ISIN: FR0011471291, TICKER: MAGIS, PME-PEA, TECH 40), today announced the signing of two separate global agreements with Malaysian and Chinese seating manufacturers, Ferco Seating Systems and Guangzhou Leadcom Seating, respectively. These new agreements recognize CinemaNext as an official international distributor of their cinema seating products in select markets, including Europe, Middle East and Africa. It follows the agreement with European seating manufacturer Ezcaray announced in February 2018.
“Teaming up with these two new partners for the cinema market is excellent news for CinemaNext as it completes our cinema seating offer available to cinema exhibitors,” explains Esperance Ngandu, CinemaNext’s Product Manager, Seating, Lighting and Outfitting. “Both Ferco and Leadcom provide innovative and cost-effective seating solutions – reclining backrests, loveseats, VIP seats – that meet CinemaNext’s vision from a design, technical and business standpoint, especially in terms of demographics and market segmentations. To enlist two new innovative and fast-growing companies is a great opportunity for us to expand our business in the cinema seating field.”
For Tim Barr, Chief Executive Officer at Ferco Seating Systems: “Our priority for cinema seating is to provide lasting comfort and luxury, in a customized manner that allows any cinema exhibitor to avail of bespoke solutions that are in line with their strategy. Our alliance with CinemaNext is a new step forward in driving business growth based on our shared quest for excellency and innovation.”
For Jason Zhang, Chief Executive Officer at Guangzhou Leadcom Seating, “Partnering with CinemaNext, a leader in cinema exhibition business services, is key to the ongoing development of our cinema product line as we are dedicated to providing the best seating equipment available on the market, in accordance with our principles of quality and optimization in order to exceed clients’ expectations.”
CinemaNext is one of the largest cinema exhibition services companies in Europe, providing smart, comprehensive solutions across the board, from projection equipment, audio systems, central systems, cinema outfitting and seating, content management, 3D projection systems & glasses, TMS, digital signage and screens to consulting services. Our clients enjoy the highest level of reliability and lowest cost of ownership through our various services: consulting, design & project management, equipment sales and financing, installation, maintenance, support (NOC), online monitoring, spare and consumables, service agreements and supply chain & logistics.