UFO Moviez signs technology deal with Gofilex

UFO Moviez India Limited, India's largest digital cinema deployment entity and film content delivery company and Gofilex, the leader in the e-delivery of film content have announced a long term partnership to provide electronic delivery of movies in India and Nepal. This exclusive partnership enables UFO to provide Gofilex's IP delivery solution through a single sustainable electronic fulfilment platform. Both companies will continue to drive innovation while expanding across the region, supporting distributors and exhibitors.

Additionally, UFO intends to use Gofilex and its partner relationships to expand their services to deliver International Content not only within India but also use their platform solution to seamlessly provide access for Indian films to cinemas internationally.

"We're really excited to have UFO as our latest partner particularly for a market as important as India, said Paul Huis in 't veld, CEO of Gofilex. "We are delighted to be extending Gofilex network, now to more than 6,000 sites, to provide a best-in-class solution to our partners and customers around the world. Our focus is a solution that provides greater transparency to our customers both in exhibition and distribution."

"We are looking forward to using e-delivery distribution technology from Gofilex in India and delivering content, trailers, digital cinema packages, and advertisements, directly to cinemas", said Rajesh Mishra, Executive Director and Group CEO of UFO. The Gofilex platform allows for a more streamlined, flexible and environmental friendly delivery method. We look forward to a long term mutually beneficial association for both the organizations.

Source : Equity Bulls

Keywords

UFOMoviezIndia Gofilex LongTerm Partnership