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MITQ Moving iMage Technologies Inc

0.5417
-0.021 (-3.73%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Moving iMage Technologies Inc AMEX:MITQ AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.021 -3.73% 0.5417 0.5621 0.52 0.5621 4,725 00:50:01

Moving iMage Technologies Announces First Esports Orders From SNDBX

01/02/2023 12:00pm

Business Wire


Moving iMage Technologies (AMEX:MITQ)
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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.

“Last April, we announced a partnership with SNDBX to bring amateur Esports leagues to the local big screen,” said Frank Tees, vice president, technical sales support. “With a massive, inclusive community for all ages and abilities, Esports in cinemas builds on a nationwide tradition of participation in and watching games for fun. SNDBX is innovating on this trend by building a program tailored to cinema exhibitors, and the response has been tremendous. MiT’s MovEsports System for SNDBX is a perfect fit for exhibitors interested in easily entering the Esports community. We are thrilled to deliver MovEsports systems for SNDBX to the first SNDBX leagues.”

Rick Starr, CEO of SNDBX stated: “We are excited that cinemas will be hosting amateur Esports leagues on the big screen. There has been a massive movement by exhibitors into alternative uses for their auditoriums. Cinemas partnering with SNDBX will allow us to scale these local leagues across North America.”

About Moving iMage Technologies

MOVING iMAGE TECHNOLOGIES (NYSE American: MITQ) is a leading technology, products, and services provider to the Motion Picture Exhibition industry with emerging opportunities in eSports and sports venues. We sell proprietary products, which we design and manufacture in-house, and are developing, introducing, and supporting a wide range of disruptive technologies that will bring SaaS and subscription-based products. Our Caddy brand of proprietary products is a leading provider of proprietary cup holders, trays, and other products to entertainment and sports venues. For more information, visit www.movingimagetech.com.

About SNDBX

SNDBX creates amateur esports and gaming leagues at your local movie theater. With plans to expand to thousands of cinemas across North America, SNDBX is bringing organized kids leagues and adult social gaming to a theater near you. For more on SNDBX or to sign up for a league or free demo, visit www.sndbx.gg

Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR (346) 396-8696 brian@haydenir.com

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