Moving iMage Technologies’ Frank Tees Named President of International Cinema Technology Association (ICTA)
Moving iMage Technologies (NYSE: MITQ) announces that Frank Tees has been appointed President of the International Cinema Technology Association (ICTA).
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Rhea-AI Summary
Moving iMage Technologies (NYSE: MITQ) announces that Frank Tees has been appointed President of the International Cinema Technology Association (ICTA). Tees, who will maintain his role at MiT, has been instrumental in ICTA's growth and has served on its Board for approximately a decade. The ICTA represents cinema technology companies and is pivotal in advancing new technologies within the theatrical market. This leadership role enhances MiT's visibility and credibility in the industry, aligning with its focus on innovative equipment and solutions.
Positive
- Frank Tees' appointment as President of ICTA enhances MiT's industry standing.
- Tees' extensive experience and leadership tenure at ICTA may benefit MiT's market strategies.
Negative
- None.
Details
News Market Reaction – MITQ
The recorded move for MITQ in the trading session of this news was -5.83%.
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FOUNTAIN VALLEY, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema company that designs, manufactures, integrates, installs and distributes a full suite of proprietary and custom-designed equipment, announced today that Frank Tees, MiT’s Vice President, Technical Sales Support, has been named President of the International Cinema Technology Association (ICTA), the cinema industry’s trade association whose members are widely recognized as the experts within the industry on theatre equipment and services.
Tees will continue in his position at MiT. He had served as a Vice President of ICTA for the past three years and has served on the Association’s Board of Directors for about a decade.
Robert H. Sunshine, ICTA’s Executive Director, said, “On behalf of the entire ICTA membership and board, I congratulate Frank on becoming President. His contributions over the years to ICTA’s growth and development have been enormous. We look forward to Frank’s continued guidance in his new role.”
“I am honored to be named President of our industry’s leading association,” said Tees. “Since its formation nearly 50 years ago, ICTA has become the most important international association dedicated to equipment and new technologies throughout the global theatrical market.”
The ICTA is a trade organization that represents companies involved in cinema technology, including leading cinema equipment manufacturers, dealers and service companies from around the world. Its members are responsible for manufacturing the equipment that is used in presenting films in movie theatres worldwide, including digital cinema systems, lenses, sound equipment, seating, 3D technology and more. The Association also hosts educational seminars to present new and informative information on emerging technologies and how to achieve the best motion picture experience.
About Moving iMage Technologies
Moving iMage Technologies is a leading manufacturer and integrator of purpose-built technology and equipment to support a wide variety of entertainment applications, with a focus on motion picture exhibition. MiT offers a wide range of products and services, including custom engineering, systems design, integration and installation, enterprise software solution, digital cinema, A/V integration, as well as customized solutions for emerging entertainment technology. MiT’s Caddy Products division designs and sells proprietary cup-holder and other seating-based products and lighting systems for theaters and stadiums. For more information, visit www.movingimagetech.com.
Investor Relations and Media Contacts:
Laurie Berman/Judy Sfetcu
PondelWilkinson Inc.
310-279-5980
Investors@movingimagetech.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5aedca71-7df5-4bea-9560-372fede504e4
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