TORONTO, January 25, 2012 - is pleased to announce that they have signed a new multi-year manufacturing agreement with Beckmann Group, extending their long term partnership with the UK based content distributor.
Established in 1983, Beckmann is a multi rights
distributor specializing in high quality programming. They
represent independent producers by placing their
programming with broadcasters, DVD and home video companies
worldwide in more than 110 territories. Their catalogue
includes popular titles such as 'Christian, The
Lion at World's End' containing the
YouTube sensation 'The Reunion' and feature
British cult television personality, Fred Dibnah.
Speaking about the renewal, Jo White, Group Managing
Director of Beckmann said she was "delighted to be able to
depend on Cinram's great service levels for another
term. They are always available and have been very
helpful to us and deliver a great
service". Cinram's manufacturing facility in
Ipswich is the largest replication plant in the UK and
recently benefited from further investment with the
addition of new Blu-ray lines.
For over 40 years Cinram have been meeting the changing needs of many clients large and small in home entertainment, providing a full range of digital and optical media manufacturing solutions as well as end to end supply chain management as they support their clients to grow and develop.
Mark O'Connor, Cinram's UK Managing Director commented, "We look forward to building on our relationship with Beckmann and continuing to develop and create new opportunities together."
About Cinram
Cinram International Inc., an indirect, wholly-owned subsidiary of the Fund, is one of the world's largest providers of multimedia products and related logistics services. With facilities in North America and Europe, Cinram International Inc. manufactures and distributes pre-recorded DVDs, Blu-ray Discs, audio CDs, CD-ROMs and digital content for motion picture studios, music labels, publishers and computer software companies around the world. Cinram also provides distribution and logistics services to the telecommunications industry in North America through its wireless subsidiaries. The Cinram group of companies now also incorporates 1K Studios, a digital media firm based in Los Angeles specializing in building enhanced consumer experiences for movies, TV shows, music, books and games. The Fund's units are listed on the Toronto Stock Exchange under the symbol CRW.UN. For more information, visit www.cinram.com.
Certain statements included in this release
constitute "forward-looking statements" within the meaning
of applicable securities laws. Such forward-looking
statements include statements concerning the possible
effects of the transactions described herein, and the
likelihood of their successful completion. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual
results, performance or achievements of the Fund, or
results of the multimedia duplication/ replication
industry, to be materially different from any future
results, performance or achievements expressed or implied
by such forward looking statements. Such factors include,
among others, the following: the Fund's ability to retain
major customers; general economic and business conditions,
which will, among other things, impact the demand for the
Fund's products and services; multimedia replication
industry conditions and capacity; the ability of the Fund
to implement its business strategy; the Fund's ability to
invest successfully in new technologies and other factors
which are described in the Fund's filings with the
securities commissions.These risks
may affect the achievement of the expected results of the
transactions described herein. There can be no assurance
that the said transactions will be successfully completed
or that, if completed, the expected consequences will
result in whole or in part, and the deviations from such
expectations may be material.
For More information:
Cinram International Inc.
John H. Bell
Tel: 1.416.332.2902
Email: johnbell@cinram.com
distribué par | Ce noodl a été diffusé par Cinram International Income Fund et initialement mise en ligne sur le site http://www.cinram.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-25 17:41:48 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |