Articles from Moving iMage Technologies

First sentence and Dial-in and Webcast Information of release dated November 11, 2024, should read: 12:00 p.m. Eastern Time (instead of 11:00 a.m. Eastern Time).

Moving iMage Technologies $MITQ, (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a strategic executive succession plan as part of the Company’s ongoing commitment to governance and leadership continuity. As part of this initiative, Francois Godfrey has been promoted to President and Chief Operating Officer and was appointed to MiT’s Board of Directors, effective immediately. Godfrey succeeds Phil Rafnson, who will retain his role of Chairman and CEO, as President. The introduction of the Chief Operating Officer position reflects MiT’s focus on operational excellence and its strategic growth initiatives.

Moving iMage Technologies $MITQ, (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today provided its annual shareholder letter from Chairman, CEO and President Phil Rafnson.

In the first paragraph and in the Dial-in and Webcast Information section of the release dated September 24, 2024, the date of conference call should read: Friday, September 27. In addition, the Replay Expiration date has been changed to October 11, 2024. Lastly, the Moving iMage Technologies boiler plate has been updated.

Moving iMage Technologies $MITQ, (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced that it was awarded a new project from Flix Brewhouse project to remodel and upgrade its the new 7-screen Albuquerque, New Mexico location expected to open in late 2024.

Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it received projects from two customers to upgrade premium large format (PLF) auditoriums to immersive sound systems.

Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a significant upgrade project with Alamo Drafthouse. As part of its ongoing commitment to enhancing the movie-going experience, Alamo Drafthouse has ordered seven state-of-the-art projectors and associated MiT proprietary manufactured products at its recently acquired Las Colinas, Texas, location.

Moving iMage Technologies (NYSE American: MITQ), $MITQ, (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced a significant upgrade project with Alamo Drafthouse. As part of its ongoing commitment to enhancing the movie-going experience, Alamo Drafthouse has ordered seven state-of-the-art projectors and a new immersive sound system for its recently acquired Richardson, Texas, location.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced that it was awarded a new Alamo Drafthouse project for the new Georgetown location expected to open this Summer in Indianapolis, Indiana.

First paragraph, first sentence of release, conference call time should read: 12:00 p.m. Eastern Time (instead of 11:00 a.m. Eastern Time).

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it has adopted a new share repurchase program to replace the Company’s previous $1.0 million share repurchase program that expired on March 23, 2024.

Moving iMage Technologies (NYSE American: MITQ) will host a conference call discussing financial and operational results for its second quarter fiscal 2024 ended December 31, 2023, on Wednesday, February 14, 2024, at 11:00 a.m. Eastern Time.

The date in the headline, first and second paragraphs, and the Dial-in and Webcast Information section should be November 14 (instead of November 13) and the date in the Telephone Replay section should be November 28 (instead of November 27) for the release dated Nov. 6, 2023.

Moving iMage Technologies (NYSE American: MITQ) (MiT) announced today that it will be presenting at the Sidoti MicroCap Conference on November 15, at 3:15 p.m. E.T. Investors can request 1:1 meetings through the Sidoti Portal.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, announced the Company’s new customer, Golden Ticket Cinemas (GTC) selected LEA Professional power amplifiers for its new immersive auditoriums in Greenville, NC and Greensboro, NC.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced that the Alamo Drafthouse South Lamar in Austin, Texas fully equipped its 10-screen cinema with LEA Professional smart power amplifiers during its recent remodel. This was the first implementation of LEA Professional smart power amplifiers by MiT.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading technology and services company for cinema, Esports, stadiums, arenas and other out-of-home entertainment venues, today announced it has entered into a 10b5-1 stock trading plan to facilitate the Company’s previously re-authorized one-year, $1 million share repurchase program announced on March 23, 2023. All repurchases will be implemented in accordance with the applicable requirements of Rule 10b-18 under the U.S. Securities Exchange Act of 1934. Through June 30, 2023, the Company had repurchased approximately 273,000 shares for $303,000, leaving $697,000 available for future repurchases.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its fourth quarter and full year fiscal 2023 ended June 30, 2023. at 10:00 a.m. Eastern Time.

Webcast link has been changed in Dial-in and Webcast Information paragraph of release dated May 8, 2023: https://viavid.webcasts.com/starthere.jsp?ei=1614935&tp_key=5546af7cab

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its third quarter fiscal 2023 ended March 31, 2022 at 12:00 p.m. Eastern Time.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and SNDBX, a division of The Five Agency, LLC and an emerging developer and operator of amateur Esports leagues played locally on the big screen, today announced an expansion to their strategic partnership to accelerate the growth of local amateur Esports leagues.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced that its Esports partner, SNDBX, has placed an order for eight MovEsports systems with newly signed EVO Entertainment Group (EVO). The agreement will bring Esports to eight EVO Entertainment and ShowBiz Cinema locations across Texas, Florida and Oklahoma that will roll out by the end of 2023.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), the leading provider of custom-designed and 3rd Party technology and services for cinema exhibition and an emerging business in live entertainment venues and Esports, announced that it has removed the “interim” tag from William “Bill” Greene, naming him chief financial officer, effective immediately.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it was awarded projection and sound technology upgrade projects from three universities.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it received an award from Flix Brewhouse for a nine-screen luxury dine-in theater in Mansfield, Texas.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology, today announced that its Board of Directors renewed its prior authorization of a share repurchase program permitting the Company to purchase up to an aggregate of $1 million of common stock over the next 12 months.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), today said it has no direct financial exposure to Silicon Valley Bank or Signature Bank in the wake of the banks being closed by regulators. MiT utilizes banking services from Bank of the West, a subsidiary of BMO Financial Group, a highly diversified financial services provider and the 8th largest bank, by assets, in North America.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it completed an international project for a luxury auditorium at a dine-in cinema in Reykjavik, Iceland.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its second quarter fiscal 2023, which ended December 31, 2022. at 11:00 a.m. Eastern Time.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced that its Esports partner SNDBX has placed an order for five MovEsports systems for a newly signed account, Malco Theaters, a regional, family-owned entertainment company with 37 theater locations.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it shipped its first two MovEsports for SNDBX eight-cart gaming systems for the Esports market to a movie exhibitor in Wyoming.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), the leading provider of custom-designed and 3rd Party technology and services for cinema exhibition and an emerging business in live entertainment venues and Esports, today named William “Bill” Greene as interim chief financial officer, effective immediately.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced Joe Delgado, executive vice president, will present and host one-on-one meetings with investors at the Sidoti January Virtual MicroCap Conference, taking place on January 18-19, 2023.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, and LEA Professional (“LEA”), a global manufacturer of industry-first, pro-audio amplifiers with cloud- and IoT-based technologies, today announced a partnership to distribute LEA’s line of “smart” power amplifiers to the global cinema market.

Moving iMage Technologies (NYSE American: MITQ) ("MiT") today announced the passing of chief financial officer Michael “Mike” Sherman on November 30, 2022.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its first quarter fiscal 2022, which ended September 30, 2022. at 11:00 a.m. Eastern Time.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, announced today that the United States Patent Office has granted MiT a patent covering a proprietary design for Direct View LED screen frames in cinemas.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced that it was named “Vendor of the Year” by the local National Association of Theater Owners (NATO) chapters and was presented the award at the 2022 Geneva Convention in Lake Geneva, Wisconsin. The Geneva Convention had been on hiatus since 2019, and this was the first significant event targeting the cinema space in the Midwest.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced Joe Delgado, executive vice president of sales and marketing will be presenting at the MicroCap Rodeo Presents: Windy City Roundup Conference 2022.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its Fourth Quarter and Full-Year Fiscal 2022, which ended June 30, 2022 at approximately 7:00 a.m. Eastern Time on Friday September 23, 2022.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced that National Amusements, Inc. (“National Amusements”), an international cinema operator, will utilize the CineQC Software-as-a-Service (SaaS) platform throughout its North American circuit.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today announced an exclusive three-year purchase agreement with Alamo Drafhouse Cinemas for Barco SP4k laser projectors for both new theaters and existing technology upgrades.

Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema technology company, today announced that its Board of Directors authorized a share repurchase program permitting the Company to purchase up to an aggregate of $1 million of common stock over the next 12 months.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced Joe Delgado, executive vice president, will present and host one-on-one meetings with investors at the LD Micro Invitational XII, taking place on June 7-9, 2022.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its Third Quarter Fiscal 2022, which ended March 31, 2022 at approximately 4:10 p.m. Eastern Time on Monday, May 16, 2022.

Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema technology company, today announced Joe Delgado, executive vice president, will present and host one-on-one meetings with investors at the Sidoti May Virtual MicroCap Conference, taking place on May 11-12, 2022.

Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema technology company, today announced Joe Delgado, executive vice president, will present and host one-on-one meetings with investors at the Planet MicroCap Showcase Investor Conference, taking place on May 3 -5, 2022.

Moving iMage Technologies (MiT) (NYSE American: MITQ), a leading digital cinema technology company, and QSC LLC, a leading provider of AV technologies, today announced an agreement where QSC will transfer IP, finished goods and parts inventory, sales, distribution and servicing of the USL line of accessibility products to MiT. MiT will also manufacture the USL products in its own facilities going forward. Terms were not disclosed.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, and SNDBX, a leading promoter and manager of amateur gaming and e-Sports leagues hosted in cinema auditoriums, today announced a strategic partnership to bring the full theatre experience to the gaming and e-Sports market.

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading digital cinema technology company, today congratulated customer Metropolitan Theatres on the opening of its latest 10-screen location at Outlets at San Clemente in San Clemente, California.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced it has appointed Francois Godfrey as Vice President, Business Development – Sales, reporting to Joe Delgado, Executive Vice President, Marketing and Sales.

Moving iMage Technologies (NYSE American: MITQ) will report financial and operational results for its Second Quarter Fiscal 2022, which ended December 31, 2021.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced it recently received three procurement contracts for upgrades.

Moving iMage Technologies (NYSE AMERICAN: MITQ) (“MiT”), a leading digital cinema technology company, today announced Joe Delgado, executive vice president will present and host one-on-one meetings with investors at the Sidoti Virtual Microcap Investor Conference, taking place on December 8-9, 2021.

Moving iMage Technologies (“MiT”), (NYSE American: MITQ) will report financial and operational results for its Fiscal First Quarter 2022, which ended September 30, 2021.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced it will be hosting a factory open house, including technology demonstrations on Thursday, January 20, 2022, following the International Cinema Technology Association (ICTA) Seminars in Los Angeles, CA from Janunary 17-19, 2022.

Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema technology company, today announced it has won an award to provide equipment and furnishings for the new Alamo Crystal City location in Crystal City, VA.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced it has been awarded the contract from Alamo Drafthouse Cinema to provide equipment and furnishings for the new Alamo Drafthouse – City Foundry in St. Louis, MO.

Moving iMage Technologies (NYSE: MITQ) (“MiT”), a leading digital cinema technology company, today announced that it will be presenting at the 14th annual LD Micro Main Event investor conference on Thursday, October 14th at 6:00 a.m. PST / 9:00 a.m. EST.

Moving iMage Technologies (NYSE American: MITQ) (“MiT”), a leading digital cinema technology company, today announced that it used existing cash on hand to retire approximately $3.1 million in debt, including accrued interest and debt retirement fees, during the first quarter of fiscal 2022, eliminating substantially all short and long-term debt liabilities on the Company’s balance sheet. No proceeds from the Company’s July 12, 2021 IPO were used to execute the retirement. The Company’s remaining debt is a second Payroll Protection Program (“PPP”) loan, which it expects to be entirely forgiven. MiT expects to realize annualized interest expense savings of nearly $0.3 million.