D-BOX Technologies Signs an Agreement with Precision Flight Controls
Flight Training Devices to incorporate D-BOX Motion Technology
LONGUEUIL, QC, Oct. 18 /PRNewswire/ - D-BOX Technologies Inc. (DBO.A on the TSX Venture Exchange), a leader in innovative motion technology, announced today a first agreement with California based Precision Flight Controls, a leading manufacturer of flight devices for both pilots and educators.
Precision Flight Controls will be offering D-BOX's motion technology as an option for all new cockpit sales, as well as a retrofit option for units sold, giving their already 10,000 customer-base, comprised of Colleges, Universities, flight schools, governments as well as individual users, the opportunity to have the most accurate experience in flight simulation.
"We are very pleased with this agreement, yet another achievement in our strategy to sell products which derive from our core motion technology to Original Equipment Manufacturers (OEM). We can only stand optimistic in regards to our future when we have the support of important players like Precision Flight Controls, who is well positioned and perfectly understands the challenges of its respective markets," stated Claude Mc Master, President and Chief Executive Officer of D-BOX Technologies Inc.
On behalf of Precision Flight Control, Mr. Mike Altman, Chief Executive Officer added: "The precision engineered D-BOX motion system greatly enhances our flight simulation environment. We can now offer "seat of the Pants" motion cueing only found in much higher level flight training devices. The addition of motion adds the type of realistic feedback that we have been looking for as pilots can now experience the feel of roll, pitch, yaw, turbulence, stall and much more. D-BOX has definitely added the "wow" factor to our devices. "
About Precision Flight Control
Established in 1990, Precision Flight Controls, Inc. is recognized as a leading manufacturer of flight training devices. Their Basic and Advanced Aviation Training Devices (BATD/AATD) are both FAA and Transport Canada Approved. Precision Flight Control's flight training devices have been utilized in research studies conducted by the FAA Human Factors Laboratory in Oklahoma City and NASA's Advanced General Aviation Transport Experiment (AGATE). Their products can also be found at many other prestigious institutions including the United States Air Force Academy, United States Forestry Service and United States Navy. For more information, please see www.flypfc.com.
About D-BOX
D-BOX Technologies designs and manufactures leading edge high-technology motion systems mainly suited to the needs of the entertainment industry. With its unique, patented technology, D-BOX Motion CodeTM uses motion effects specifically programmed for each film, TV program or video game, which are sent to a motion generating system integrated within either a platform or a seat.
The resulting motion is perfectly synchronised with all onscreen action, creating an unmatched realistic, immersive experience. To date, D-BOX Motion CodeTM is available on more than 900 titles. Accordingly, many prominent Hollywood studios have started embedding D-BOX Motion CodeTM on selected high definition Blu-rayTM releases. By reaching agreements with the leaders of both the motion picture and gaming industries, D-BOX's award-winning motion technology is gradually proving itself as a new global standard in the entertainment world.
D-BOX is a publicly traded company listed on the TSX Venture exchange under the symbol DBO.A. For further information please see www.d-box.com.
D-BOX(R) is a registered trademark and D-BOX Motion CodeTM is a trademark of D-BOX Technologies Inc. Other names are for informational purposes only and may be trademarks of their respective owners.
Disclaimer in regards to Forward-Looking Statements
Certain statements included herein, including those that express management's expectations or estimates of our future performance, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. We disclaim any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE D-BOX TECHNOLOGIES INC.
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