Bir of SMARTJOG-YMAGIS LOGISTICS

Creation of the first European integrated player in digital content delivery for the cinema industry

YMAGIS (ISIN: FR0011471291, mnemonic: MAGIS), the specialist in digital technologies for the cinema industry, has announced the operational deployment of the company SMARTJOG-YMAGIS Logistics, created by SMARTJOG and YMAGIS.

The Extraordinary General Meeting of SMARTJOG-YMAGIS Logistics on November 30, 2013, approved all the contributions of both partners with regards to the duplication and delivery of digital content dedicated to cinema.

The new entity, owned 60% and 40% respectively by YMAGIS and SMARTJOG, will be entered into the consolidated accounts of YMAGIS through global integration starting December 1st, 2013.

THE FIRST SERVICE OF INTEGRATED LOGISTICS FOR THE CINEMA INDUSTRY

Together, YMAGIS and SMARTJOG give birth to the European leader in this sector, SMARTJOG-YMAGIS Logistics, which offers the cinema industry a global logistics service for the delivery of movies, trailers, commercials, alternative contents, as well as static or dynamic posters to theaters and laboratories. Its services cover the preparation of encrypted digital movies' copies (DCP) and of keys enabling their projection (KDM), in addition to their delivery to cinema screens and laboratories, via satellite, ADSL/fiber or physical medias.

In 2013, YMAGIS and SMARTJOG together ensured the delivery of more than 50 000 movie DCPs and of nearly 300 000 trailer and commercial DCPs across Europe.

The constituted structure represents a cumulated pro forma revenue of around 7 M in 2013, a growth of more than 14% compared with 2012.

SIGNIFICANT GROWTH OF INSTALLED THEATERS FORECAST FOR 2014

SMARTJOG-YMAGIS Logistics depends on a team of 25 people, who have come from YMAGIS and SMARTJOG and are now grouped together in YMAGIS offices in Paris, Barcelona and Berlin, to provide a unique and integrated solution to the exhibitors and distributors in Europe, especially to American studios.

The preferred relationships developed by YMAGIS with the distributors and the exhibitors and the special position held by SMARTJOG in Europe in dematerialized transmission notably by satellite constitute a solid base for the new entity to lean on.

Armed with a communication network linking together more than 1 800 theaters in Europe and representing nearly 8 000 screens, SMARTJOG-YMAGIS Logistics expects significant growth in its installed theaters starting in 2014, firstly in western Europe, then in Eastern Europe.

Next releases:

- February 11, 2014, turnover of year 2013

- March 25, 2014, results of year 2013

ABOUT YMAGIS

Founded in 2007 and managed by professionals from cinema and high-tech industries, YMAGIS (www.ymagis.com) is specialized in services for digital cinema. YMAGIS provides services to producers, distributors of movies and alternative content, advertising sales agencies and cinema exhibitors, to ensure a smooth transition of their operations from 35mm to digital, while keeping costs under control and producing the best possible mix in terms of creativity, marketing and financing. YMAGIS's offer covers two main business areas: the management of VPF (Virtual Print Fees) and services to exhibitors and producers / distributors: sale and installation of equipment for cinemas, maintenance and online support services for digital projection equipment, leasing of 3D glasses, preparation and distribution of DCPs and KDMs (1), and post-production. In this way, YMAGIS's digital laboratories deliver thousands of DCPs and KDMs to cinemas each week on behalf of its distributor clients. During the 2012 financial year, the Group generated a turnover of 39.7 M , representing an increase of 53% compared to 2011, and an operating profit of nearly 15%.

ABOUT SMARTJOG

SmartJog, a subsidiary of the TDF Group, operates a network dedicated to the digital delivery of audiovisual content in over 65 countries. SmartJog manages the leading major worldwide network exchanging media content between distributors, technical suppliers and broadcasters, and offers all-in-one managed file transfer & cloud storage services. SmartJog is the European leader in delivery of movies, trailers and commercials via satellite or ADSL/fiber to cinema theaters connected to its network. SmartJog also designs, implements and operates the leading multi-domestic European CDN (Content Delivery Network) dedicated to audiovisual media, on behalf of the TDF Group. To learn more: http://www.smartjog.com

TDF Media Services brings together BeBanjo, Cognacq-Jay Image, Mediamobile, PSN, Qbrick and SmartJog. It proposes turnkey solutions throughout the whole digital media value chain. It supports customers (broadcasters, VOD Operators, Content Owners) in managing their linear and on-demand workflows, regardless of the level of complexity and scale. Its end-to-end OTT platform enables customers to seamlessly manage their multi-screen contents. TDF Media Services also offers solutions for VOD & Catch-up TV as well as interactive solutions for any device with a companion screen. Part of the TDF group, it enjoys a rich experience in the broadcasting world and the hybrid TV environment through HbbTV technology.

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LINK:	http://www.tdf-group.com/news/press-release/birth-of-smartjog-ymagis-l...
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