STRONG/MDI Screen Systems, Inc. (“STRONG/MDI”) a wholly-owned
subsidiary of FG Group Holdings Inc. (“FG Group Holdings”) (NYSE
American: FGH) and a leader in manufacturing state-of-the-art
cinema screens, in partnership with ECCO Cine Supply and Service,
announces that Strong/MDI’s new HGA ReAct screen will be showcased
at the 2023 Munich Film Week to be held the last week of January
24-27, 2023. STRONG/MDI and ECCO will team up to bring the new HGA
ReAct screen to the Kinopolis Mathäser Big Theater.
“We, at Kinopolis, are happy to have another
STRONG/MDI screen in our circuit. We recognize the importance of
combining new laser projectors with the right screen, to offer the
ultimate movie experience,” stated Jan Harmsen, head of projection
technology at Kinopolis. “Strong MDI’s big selection of screen
gains and perforations help us to display the full RGG-Laser
quality.”
“For STRONG/MDI, Kinopolis is a wonderful showcase and a
reference, as we keep aiming at excellence in projection quality
for all moviegoers. Teaming up with the experts at ECCO to make it
happen is a recipe for success,” commented Ray Boegner, President
of Strong Entertainment.
“Having a new premium screen during the Film Week in Munich is a
great start for Strong-MDI products also supported by our company,”
says Thomas Rüttgers, Managing Director at Ecco Cine Supply and
Service. “Since 2022, we have been cooperating with Strong MDI
Screens. With their new finishing facility in Belgium, even PLF
screens can now be delivered in continental Europe, which
eliminates logistical issues and ensures safe transports from door
to door.”
Those looking for more information on products developed by
STRONG/MDI can contact the sales team by phone at +1 450 755 3795
or via email info@strongmdi.com. For EMEA customers, please contact
Mr. Bernard Collard at +32 477 49 49 39 or via
email bernard.collard@strongmdi.com.
About FG Group Holdings Inc. and STRONG/MDI Screen
Systems, Inc.FG Group Holdings 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. FG
Group Holdings also holds equity stakes in GreenFirst Forest
Products Inc., Firefly Systems, Inc., and FG Financial Group, Inc.,
as well as real estate through its Digital Ignition operating
business.
About Fundamental Global®Fundamental Global® is
a private partnership focused on long-term strategic holdings.
Fundamental Global® was co-founded by former T. Rowe Price, Point72
and Tiger Cub portfolio manager Kyle Cerminara and former Chairman
and CEO of TD Ameritrade, Joe Moglia. Its current holdings include
FG Financial Group Inc. (Nasdaq:FGF), (NASDAQ: FGFPP), FG Group
Holdings Inc. (NYSE American:FGH), BK Technologies Corp. (NYSE
American:BKTI), GreenFirst Forest Products, Inc. (TSX:GFP), FG
Merger Corp. (Nasdaq:FGMC), FG Acquisition Corp. (TSX:FGAA), OppFi
Inc., Hagerty Inc., and FG Communities, Inc.
The FG® logo is a registered trademark of Fundamental
Global®.
About EccoECCO Cine Supply and Service is a
leading cinema integrator in Germany and offers a wide range of
services in the field of cinema technology. As a one-stop shop,
ECCO’s offerings comprise projection up to 3D, associated screens,
sound systems, immersive motion technology and seating. More
information about the Company can be found at
www.ecco-online.eu.
About KinopolisWith over 115 years of movie
theatre tradition under its belt, the Kinopolis Group is a fourth
generation, family-owned enterprise which is widely recognized as
one the largest and most successful movie theatre companies in
Germany. Kinopolis has a presence in 17 locations across the
country, including the Mathäser Filmpalast – Germany's best running
movie theatre. Based in Darmstadt, Kinopolis is committed to
bringing the highest level of professionalism and state-of-the-art
technology to the industry. For more information,
visit www.kinopolis.de.
Forward-Looking StatementsThis press release
includes forward-looking statements which involve a number of risks
and uncertainties, including but not limited to those discussed in
the “Risk Factors” section contained in Item 1A in FG Group
Holdings’ (previously Ballantyne Strong, Inc.) Annual Report on
Form 10-K for the year ended December 31, 2021 filed with the SEC
on March 24, 2022, 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 general economic impact of the current geopolitical
environment, including the ongoing military conflict in Ukraine and
the impact of related sanctions being imposed by the U.S.
Government and the governments of other countries; 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 holdings; 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 geopolitical environment); 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 and the current geopolitical
tension and related sanctions on the companies in which the Company
holds equity stakes; 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 or
the ongoing military conflict in Ukraine); 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 COVID-19 pandemic, its impact on
the cinema and entertainment industry, and general economic
conditions, including the ongoing military conflict in Ukraine and
related sanctions, such as inflationary pressures and disruptions
in the global supply chain 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 BarretteSenior Vice President & General
Manager450-755-3795info@strongmdi.com
FG
Group Holdings Investor Relations Contacts |
|
|
|
Mark Roberson |
John Nesbett / Jennifer Belodeau |
FG Group Holdings Inc. - Chief Executive Officer |
IMS Investor Relations |
704-994-8279 |
203-972-9200 |
IR@btn-inc.com |
jnesbett@institutionalms.com |
FG (AMEX:FGH)
Historical Stock Chart
From Sep 2024 to Oct 2024
FG (AMEX:FGH)
Historical Stock Chart
From Oct 2023 to Oct 2024