Strong Global Entertainment (NYSE American: SGE) (“Strong Global
Entertainment” or “the Company”) today announced that its
subsidiary STRONG/MDI Screen Systems, Inc. (“STRONG/MDI”), a leader
in manufacturing state-of-the-art cinema screens, has extended and
expanded its cooperative agreement with Lemmens S.A., located in
Sprimont, Belgium, to facilitate expedited screen shipments for
cinema industry customers in Europe and the Middle East.
The new agreement expands STRONG/MDI and Lemmens
previous relationship to now include ex-works services in addition
to the continued utilization of Lemmens’ modern high-tech plant to
facilitate quick-ship screen deliveries to cinema operators
requiring urgent screen deliveries. With the STRONG/MDI-Lemmens’
quick ship program, customers can receive shipments in in less than
ten days.
"We are delighted with the success of this ongoing
collaboration, which is greatly reducing waiting and delivery times
for urgent screen orders," said François Barrette, Senior Vice
President & General Manager for STRONG/MDI. "We will now be
offering new transit services to streamline and expedite the
customs and import process for our European customers. We are
indeed very happy to see more consolidated orders coming in and are
confident that our first container which did arrive last month in
our partner’s warehouse will be followed by many others. We see
this expanded agreement as highly beneficial for our valued
customers inside the EU territories.”
“We have made great progress developing a local solution in the
heart of Europe to provide our exhibitors in Europe and the Middle
East with STRONG/MDI screens through an expedited quick-ship
program and look forward to strengthening our offering by
establishing ex-works services through our extended partnership
with Lemmens in Belgium,” said Ray Boegner, President of
STRONG/MDI.
“We’re happy to be working with STRONG/MDI in this arrangement
that will allow us to diversify our activities and apply our years
of experience in logistics, delivering quality products throughout
the regions we serve, and beyond,” stated Mr. Francy Lemmens,
Managing Director of Lemmens S.A. "Our entire team is ready to
expand our relationship with STRONG/MDI to provide more valuable
services to customers in the EMEA market.”
Those looking for more information on product developed by
STRONG/MDI Screen Systems can contact the sales team by phone at +1
450 755-3795 or via email at info@strongmdi.com. For EMEA
customers, please contact Mr. Bernard Collard, EU based
representative at +32 477 49 49 39 or via email
at bernard.collard@strongmdi.com.
About Strong Global Entertainment,
Inc.
Strong Global Entertainment, Inc. is a leader in
the entertainment industry, providing mission critical products and
services to cinema exhibitors and entertainment venues for over 90
years. The Company manufactures and distributes premium large
format projection screens, provides comprehensive managed services,
technical support and related products and services primarily to
cinema exhibitors, theme parks, educational institutions, and
similar venues. In addition to traditional projection screens, the
Company manufactures and distributes its Eclipse curvilinear
screens, which are specially designed for theme parks, immersive
exhibitions, as well as simulation applications. It also provides
maintenance, repair, installation, network support services and
other services to cinema operators, primarily in the United States.
The Company also owns Strong Studios, Inc., which develops and
produces original feature films and television series.
About Lemmens S.A.
Founded in 1919 by a single man, the Lemmens company today has
more than 40 employees in Belgium, France and Luxembourg and
remains one of the last Belgian companies active in the field of
wire rope processing. The company, which was only a small local
business in its beginnings, gradually adapted to market demands and
trends, thus extending its activity to all lifting and handling
products, while maintaining its unique expertise in the field of
cable and its transformation. Utilizing their experienced staff and
advanced high frequency welding technologies, Lemmens has grown
into one of the industry leaders in fabricating custom tarpaulins
and tents in Western Europe. More information about the Company can
be found at www.lemmens-cables.be/.
About FG Group Holdings Inc. FG Group Holdings
Inc. (NYSE American: FGH) is a diversified holding company with
operations and investments across a broad range of industries. The
Company has a majority ownership in Strong Global Entertainment,
(NYSE American: SGE), which includes STRONG/MDI Screen Systems
(www.strongmdi.com), the leading premium screen and projection
coatings supplier in the world and Strong Technical Services
(www.strong-tech.com), which provides comprehensive managed service
offerings with 24/7/365 support nationwide to ensure solution
uptime and availability. FG Group Holdings also holds equity stakes
in GreenFirst Forest Products Inc., Firefly Systems, Inc., and FG
Financial Group, Inc., as well as real estate through its Digital
Ignition operating business.
About Fundamental Global® Fundamental Global®
is a private partnership focused on long-term strategic holdings.
Fundamental Global® was co-founded by former T. Rowe Price, Point72
and Tiger Cub portfolio manager Kyle Cerminara and former Chairman
and CEO of TD Ameritrade, Joe Moglia. Its current holdings include
FG Financial Group Inc., FG Group Holdings Inc., BK Technologies
Corp., GreenFirst Forest Products, Inc., FG Merger Corp., FG
Acquisition Corp., OppFi Inc., Hagerty Inc., and FG Communities,
Inc.
The FG® logo is a registered trademark of Fundamental
Global®.
Forward Looking Statements
This press release contains “forward-looking
statements” that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” "will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. Forward-looking
statements are based on the Company’s current expectations and are
subject to inherent uncertainties, risks and assumptions that are
difficult to predict. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are described
more fully in the section titled “Risk Factors” in the final
prospectus related to the public offering filed with the SEC.
Forward-looking statements contained in this announcement are made
as of this date, and the Company undertakes no duty to update such
information except as required under applicable law.
STRONG/MDI Screen Systems, Inc. Contact |
|
François Barrette |
|
Senior Vice President & General Manager |
|
450-755-3795 |
|
info@strongmdi.com |
|
|
|
FG Group Holdings Investor Relations
Contacts |
|
Mark Roberson |
John Nesbett / Jennifer Belodeau |
FG Group Holdings Inc. - Chief Executive Officer |
IMS Investor Relations |
704-994-8279 |
203-972-9200 |
IR@btn-inc.com |
jnesbett@institutionalms.com |
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