Elaborating on the agreement Mr. P.S.Saminathan - Managing Director, PSTL said "PSTL plans to have 2000 screens under its full operation management spread across 1550 locations by the year 2009-2010.The agreement with UFO enables PSTL to reach this target faster since it frees PSTL capital from Plant & Machinery and enables PSTL to lock in more points of presence faster".
Further Mr. .P.S.Saminathan added this agreement with UFO will bring in the very best in digital cinema technology to PSTL theatres. The expanded footprint combined with UFO's model will create a revolution in the cinema exhibition business.
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