Press Release
FOR IMMEDIATE RELEASE:
Global strategy separates Cinemark from competition
Plano, TX - Cinemark Holdings, Inc. (NYSE: CNK), one of the leading motion picture exhibitors in the world, continues to expand and celebrates a milestone by exceeding 5,000 screens across 39 U.S. states, Brazil, Mexico and 11 other Latin American countries.
Cinemark was founded in 1984 by theatrical exhibition pioneer
Lee Roy Mitchell. Mr. Mitchell's initial vision was to bring
high-quality, modern movie theatre entertainment to underserved
markets in the US. In 1993, he expanded his vision by focusing on
underserved markets outside the US and launching one of Cinemark's
first movie theatres in Latin America. "Today, we are the most
geographically diverse exhibitor in Latin America and the number
one exhibition company in Brazil, one of the fastest growing
markets in South America," states Mr. Mitchell. "It's
important to recognize Cinemark's employees and customers, without
whom reaching this milestone would not be possible." Mr.
Mitchell continues to serve as Chairman of Board for Cinemark
Holdings.
Over the years, Mr. Mitchell identified several talented
individuals and created a strong, experienced management team to
implement this vision. Alan Stock started working at Cinemark
in 1986, shortly after its inception when Cinemark was a chain of
only 8 theatres. Mr. Stock rose through the ranks and has
been the Chief Executive Officer since December 2006. Also in
2006, Cinemark acquired Century Theatres and added this highly
regarded national theatre chain with approximately 77 theatres to
the company. A year later, Cinemark completed its initial
public offering and the company's stock is now traded on the
NYSE. "With the most recent additions of newly constructed
theatres in Texas, Utah, Brazil and Colombia, Cinemark's total
screen count has crossed over the 5,000 screen threshold," states
Mr. Stock. "For over 26 years, Cinemark has been successful
providing the best entertainment experience to our customers in
markets across the US and around the world."
Long recognized as a pioneer in the theatrical exhibition industry,
Cinemark has introduced cutting edge amenities like digital
projection, RealD 3D, Cinemark XD auditoriums and the new NextGen
cinema concept that takes the entertainment experience to the next
level.
Cinemark's new NextGen complexes introduce customers to the next generation in movie theatre construction & design. These theatres offer a state-of-the-art viewing environment with wall-to-wall screens, 100% digital projection and enhanced sound systems equipped with higher quality speakers and 7.1 capable digital surround sound. Additionally, Cinemark NextGen theatres typically house a popular Cinemark XD Extreme Digital Cinema auditorium. Finally, the lobby is usually designed around one of Cinemark's innovative self-serve concession stands which offers freshly-popped popcorn, Coca-Cola fountain beverages and favorite candy brands.
The Cinemark XD Extreme Digital Cinema auditorium is the largest in
the theatre complex and offers a complete entertainment environment
featuring a wall-to-wall and ceiling-to-floor screen, plush seating
and a custom JBL sound system with higher end components and 7.1
capable digital surround sound. The digital images are
delivered by a Doremi server and a Barco DLP digital projector,
which offers the brightest light standards in the industry.
The XD auditorium exhibits the newest movies every week, including
2D and RealD 3D pictures. Cinemark has 66 XD auditoriums in
operation worldwide, with plans to add an additional 15 to 20 by
year end 2011.
To celebrate this achievement with their customers, starting July
29, Cinemark is launching special promotions, contests and
giveaways. Some of the prizes include signed autographed
movie posters, trips to Hollywood premiers, free movie passes, and
discounted concession items. All of the information about the
5,000 screens promotion is located on the Cinemark.com website and
Facebook page.
Go to www.cinemark.com to find showtime information, purchase tickets and view a complete list of all Cinemark Theatre locations.
About Cinemark Holdings, Inc.
Cinemark is a leading domestic and international motion picture
exhibitor, operating 431 theatres in 39 U.S. states, Brazil, Mexico
and 11 other Latin American countries as of March 31, 2011.








