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Moving iMage Technologies Announces First Esports Orders From SNDBX
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Moving iMage Technologies (NYSE American: MITQ) has shipped its first two MovEsports systems for the SNDBX eight-cart gaming system to a movie theater in Wyoming. This initiative is part of a partnership announced in April to bring amateur esports leagues to cinemas, tapping into a growing community of gamers. The response from exhibitors has been positive, indicating a significant interest in alternative uses for cinema spaces. The company aims to leverage this trend as it expands into the esports market, while SNDBX envisions scaling local leagues across North America.
Positive
Successful shipment of the first two MovEsports systems to a cinema in Wyoming.
Partnership with SNDBX expected to attract a growing audience for amateur esports leagues in cinemas.
Negative
None.
FOUNTAIN VALLEY, Calif.--(BUSINESS WIRE)--
Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it shipped its first two MovEsports for SNDBX eight-cart gaming systems for the Esports market to a movie exhibitor in Wyoming.
“Last April, we announced a partnership with SNDBX to bring amateur Esports leagues to the local big screen,” said Frank Tees, vice president, technical sales support. “With a massive, inclusive community for all ages and abilities, Esports in cinemas builds on a nationwide tradition of participation in and watching games for fun. SNDBX is innovating on this trend by building a program tailored to cinema exhibitors, and the response has been tremendous. MiT’s MovEsports System for SNDBX is a perfect fit for exhibitors interested in easily entering the Esports community. We are thrilled to deliver MovEsports systems for SNDBX to the first SNDBX leagues.”
Rick Starr, CEO of SNDBX stated: “We are excited that cinemas will be hosting amateur Esports leagues on the big screen. There has been a massive movement by exhibitors into alternative uses for their auditoriums. Cinemas partnering with SNDBX will allow us to scale these local leagues across North America.”
About Moving iMage Technologies
MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) is a leading technology, products, and services provider to the Motion Picture Exhibition industry with emerging opportunities in eSports and sports venues. 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. For more information, visit www.movingimagetech.com.
About SNDBX
SNDBX creates amateur esports and gaming leagues at your local movie theater. With plans to expand to thousands of cinemas across North America, SNDBX is bringing organized kids leagues and adult social gaming to a theater near you. For more on SNDBX or to sign up for a league or free demo, visit www.sndbx.gg
