MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a global leader in haptic technology and HOYTS, the largest single-brand movie exhibitor in Australia and one of the country’s leading entertainment companies are proud to announce an expansion of their long-term collaboration to bring premium motion experiences to more moviegoers across Australia and New Zealand.
Over the next 12 months, HOYTS will deploy 539 D-BOX haptic seats across 19 auditoriums, including eight new HOYTS locations. This latest expansion will bring the total number of HOYTS auditoriums featuring D-BOX technology to 44, a significant milestone in the companies' six-year collaboration. It also further strengthens D-BOX’s global presence, which now exceeds 1,126 installed or committed auditoriums worldwide.
“People are looking for more than ‘just a movie’ when they come to our cinemas. They’re after unique experiences that can’t be replicated anywhere else. Whether they’re watching the latest horror movie, blockbuster or even musical comedy, our guests are after an immersive movie-going experience and D-BOX haptic seats deliver just that. This expansion means we can keep up with demand for the product in existing cinemas and bring this exciting premium technology to even more movie lovers across the country,” Damian Keogh, President and CEO of The HOYTS Group said.
“The opportunity gives guests the chance to not just ‘see’ a movie but to ‘feel’ which gives HOYTS a competitive edge in what is an extremely competitive space. D-BOX gives our guests such a unique experience of a film – even if they think they have seen it before. This has already had an amazing effect on our brand awareness, customer satisfaction and, most importantly, ticket sales.”
"HOYTS continues to be an exceptional partner in elevating the cinema experience through innovation. This expansion deepens D-BOX’s presence in Australia and New Zealand and reflects our shared commitment to delivering experiences that drive both audience engagement and business results," said Naveen Prasad, Interim President and CEO of D-BOX. "As global demand for immersive entertainment grows, D-BOX is uniquely positioned to deliver at scale as the trusted technology partner to leading exhibitors. We are proud to deepen our collaboration with HOYTS and to help create lasting value for both companies and for moviegoers."
ABOUT D-BOX
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 people experience entertainment, training, and simulation worldwide. Visit https://www.d-box.com/.
ABOUT HOYTS
Since opening the doors of their first cinema in 1909, HOYTS has gone on to become one the world’s leading entertainment companies – with more than 500 screens, and more than 60,000 seats, across the network. Today, it is the largest single-brand movie exhibitor in Australia and New Zealand.
FOR FURTHER INFORMATION, PLEASE CONTACT:
D-BOX TECHNOLOGIES INC.
Josh Chandler
Chief Financial Officer
D-BOX Technologies Inc.
jchandler@d-box.com
HOYTS
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. 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, 2025, a copy of which is available on SEDAR+ at www.sedarplus.ca.
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.
