QSC gibt Veräußerung seiner USL Accessibility Line für den Umzug von iMage Technologies bekannt

Costa Mesa, Calif. (April 22, 2022) – QSC and Moving iMage Technologies (MiT) (NYSE American: MITQ), a leading digital cinema technology company, today announced an agreement in which MiT will assume manufacturing, sales, distribution and servicing of the USL Accessibility line of products from QSC. As of April, 22, 2022, QSC is no longer accepting new purchase orders for these products and will work with customers on a case-by-case basis to make deliveries of existing orders by May 13, 2022. For orders not been fulfilled by May 13, QSC and MiT will work together to ensure a successful transition for customers. 

“As cinemas evolve to multipurpose, multi-venue entertainment centers, there is a need to take a holistic view of the audio, video and control needs of each site,” says Jatan Shah, President and Chief Operating Officer, QSC. “Since the Q-SYS Platform offers this capability and more, our business strategy has also evolved to consider the whole technology ecosystem for today’s cinema. MiT assuming the USL Accessibility products line will enable QSC to focus on delivering the Q-SYS Platform solution and work with other suppliers as technology partners to better serve the changing needs of our customers.” 

“Acquiring this technology reinforces MiT’s commitment to enabling a whole host of underserved communities to enjoy the moviegoing experience,” said Joe Delgado, Executive Vice President of Sales and Marketing at MiT. “In conjunction with the soon-to-be-released MiTranslator, which will allow non-English proficient moviegoers to enjoy the cinema in their native language, adding the QSC USL line of accessibility products and services eliminates barriers for the hearing and vision impaired. Additionally, providing these valuable tools to our exhibition partners will only add to their success in reaching out to previously untapped markets.”  

“Over the years, MiT has proven itself as a valued QSC sales partner,” says Barry Ferrell, Senior Director of Cinema Product Development, QSC. “We’re confident that MiT is the right fit to continue providing this very important accessibility technology to moviegoers.” 

QSC accessibility products include infrared-based assistive listening and closed caption devices for cinema patrons. Since 2018, movie theatres in the U.S. are required to make assistive listening and closed captioning equipment available for patrons, as mandated by Title III of the Americans with Disabilities Act. QSC first began offering these products in 2017 after acquiring Ultra-Stereo Labs (USL), a leading supplier of assistive listening technologies for cinemas.   

About QSC 
QSC wurde vor über fünf Jahrzehnten gegründet und ist ein weltweit führendes Unternehmen in der Entwicklung und Herstellung preisgekrönter, professioneller Lautsprecher, Digitalmischpulte, Endstufen, DSP-Prozessoren, digitaler Cinema-Lösungen und der via Cloud verwaltbaren Audio, Video und Control Plattform Q-SYS™. QSC bietet zuverlässige, skalierbare und flexible Lösungen für AV-Anwendungen in der Unterhaltungsbranche, für Zusammenarbeit und in Unternehmen. Unser globales Vertriebs-, Service- und Support-Netzwerk ermöglicht es Menschen auf der ganzen Welt, starke Verbindungen einzugehen und erinnerungswürdige Erfahrungen zu sammeln. 

About Moving iMage Technologies 
MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) is a leading provider of technology, products, and services to the Motion Picture Exhibition industry. We sell proprietary products, which we design and manufacture in-house, and are developing, introducing, and supporting a wide range of disruptive technologies that will bring SaaS and subscription-based products. Our Caddy brand of proprietary products is a leading provider of proprietary cup holders, trays, and other products to entertainment and sports venues. Based in Fountain Valley California, our 28,000 sq. ft. facility is home to our corporate offices, engineering & manufacturing, distribution, integration, and service and support divisions. Our strategic location is augmented by a global network of service partners & OEM manufacturers. For more information, visit www.movingimagetech.com.  

Für weitere Informationen 
QSC Pressestelle:
 
Kristine Fowler | Digital Marketing Manager 
714.624.4527 | Email: [email protected] | qsys.com

Moving iMage Technologies Investor Relations and Media Contacts: 
Brian Siegel, IRC®, M.B.A. | Senior Managing Director 
Hayden IR | (346) 396-8696 | Email: [email protected]