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India is on the forefront of the digital cinema revolution and with this deal bringing together the two titans of this revolution UFO Moviez, the world's largest integrated digital cinema network and Chennai based Pyramid Saimira Theatres Limited (PSTL) for the digitization of 1000 (PSTL) theatres over the next three years all over India will create the largest integrated digital cinema chain in the world. UFO Moviez shall be providing end to end digital cinema solutions for the theatres in the Pyramid Saimira chain at a cost of Rs.150 Crores.
Commenting on the deal, Mr. Sanjay Gaikwad, Executive Director/CEO, UFO India Pvt. Ltd. said, "We anticipate that this tie up with Pyramid group will chart the way for the digital revolution happening in the field of cinema exhibition. A single integrated chain of 1000 digital cinemas all over
Elaborating on the agreement, Mr. Usman Fayaz, Director, UFO India Pvt. Ltd., said, "Pyramid Saimira has tremendous presence in the southern states and are now looking at expanding to other territories in
"The states of Andhra Pradesh, Tamil Nadu, Kerala and Karnataka between themselves have 59% of the cinema halls in
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