Vista Latin America signs major enterprise software agreement with Cinépolis, the world’s fourth largest cinema chain
October 25 2017 - 11:52AM
Vista Latin America, a subsidiary of Vista Entertainment Solutions
Ltd, the world’s leading cinema management software provider to the
global cinema exhibition industry, is delighted to announce the
signing of a five-year Enterprise Software Agreement with
Mexico-based Cinépolis, the world’s fourth largest cinema chain.
Vista Entertainment Solutions Ltd ‘(Vista Cinema’) is a Vista
Group International company (NZX:VGL) (ASX:VGL).
The Enterprise Agreement will cover all 625 of the cinema
sites currently owned by Cinépolis throughout the world (5,170
screens), as well as future cinema sites.
Vista Cinema CEO Kimbal Riley says the deal is a natural
extension of the relationship Vista has had with Cinépolis
since 2009.
“This Enterprise Agreement with our long-time customer Cinépolis
is the latest development in our strategy to secure longer-term
Vista partnerships. Through the term of the agreement, it will
enable Cinépolis to implement at agreed fees all products in the
full suite of Vista Cinema software. Cinépolis has also committed
to implementing Vista Cinema in Brazil, the world’s fifth largest
cinema market. The deal also reinforces Vista’s recent announcement
to incorporate our long-term Latin American business partner into
Vista Group.”
Co-CEO of Vista Latin America, Gustavo Ortega, says: “This
agreement marks another step forward in our relationship with
Cinépolis, enabling us to grow together as we both continue on a
global journey of expansion.”
"The signing of this agreement highlights Vista’s ability to
work in partnership with Cinépolis, one of the world’s leading
exhibitors and one that is continually using innovative technology
to benefit their customers,” says co-CEO of Vista Latin America,
Armando Mejias.
“This deal sets out a path to continue our solid operation
worldwide, which will involve bringing Brazil on board, and with
the support of our joint Cinépolis-Vista partnership, will offer
sustainable growth,” says Cinépolis’s Global IT Director, Gabriel
Morales Becker.
About Vista Latin America Vista Latin America
was created in 2017 following an acquisition agreement between
Vista Entertainment Solutions Ltd and its long-term Mexican
business partner Senda Dirección Tecnológica, SA de CV. Senda
was founded in Mexico City in 2002 by Armando Mejias and Gustavo
Ortega, who continue to lead the new company. Prior to the
formation of Vista Latin America, since 2003 Senda distributed
Vista Cinema software in Mexico and in 14 other countries in the
region.
About Vista Entertainment Solutions Vista
Entertainment Solutions Ltd (Vista Cinema) is the world leader in
cinema management software solutions with installations in more
than 80 countries around the world and an estimated 38% global
market share in the Large Cinema Circuit market. The Vista Cinema
software product line comprises multiple modules, integrated and
scalable, suited to cinema exhibitors operating 20+ screens and
100s of cinemas. Vista Cinema is head-quartered in Auckland, New
Zealand and has subsidiaries incorporated in Los Angeles, London,
Shanghai, Beijing, Cape Town and Mexico City. Website:
www.vista.co Twitter: @VistaCinema LinkedIn:
www.linkedin.com/company/vista-entertainment-solutions
About Vista Group International:Vista Group
International (Vista Group) is a public company, listed on both the
New Zealand and Australian stock exchanges (NZX:VGL) (ASX:VGL). The
Group provides software and additional technology solutions across
the global film industry. Cinema management software is provided by
Vista Cinema, the core business of the Group. Movio (authority in
moviegoer data analytics), Veezi (cloud-based SaaS software for the
Independent Cinema Market), movieXchange (connecting the movie
industry to simplify the promotion and sale of movie tickets),
Maccs (film distribution software), Numero (box office reporting
software for film distributors and cinemas), Cinema Intelligence
(business intelligence solutions), Powster (creative studio and
marketing platform for movie studios) and Flicks (moviegoer ‘go to’
portal for movie information) provide an innovative range of
complementary products across additional film industry sectors,
from production and distribution, to cinema exhibition through to
the moviegoer experience. Vista Group has offices located in New
Zealand (Auckland HQ), Sydney, Los Angeles, London, Shanghai,
Beijing, Cape Town, Mexico City, the Netherlands and Romania.
Website: www.vistagroup.co LinkedIn:
www.linkedin.com/company/vista-group-limited
About
Cinépolis: Cinépolis is
the world’s 4th largest movie theater circuit, operating more than
5,170 screens in 14 countries and serving more than 317 million
patrons annually. Cinépolis operates under four different brands
that span the ultra-premium to the extreme value segments. It was
the first cinema exhibitor in the world to pioneer the concept of
premium and luxury movie theaters via its Cinépolis VIP brand.
Cinépolis aspires to provide its patrons the best overall
experience in filmed entertainment and employs a global workforce
of 40,874 people to support its mission. Founded in 1971, Cinépolis
headquarters is located in Morelia, Mexico.
Press
Contacts: |
|
|
|
Vista Group
International/Auckland, NZ
|
MBC/ Los
Angeles |
Christine Fenby |
Maggie Begley (for
Vista Group International) |
+64 21 727 006 |
+1 310-390-0101 |
christine.fenby@vista.co |
maggie@mbcprinc.com |
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