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Strategy execution - new signings & onboarding acceleration

19/09/2024, 08:30 NZST, GENERAL

Vista Group focused on strategy execution, with new signings and onboarding acceleration Vista Group International Limited (NZX & ASX:VGL) is pleased to announce recent signings and clients going live with our market leading Vista Cloud enterprise cinema management solution. Recent signings Cinema West (US – 18 sites) Vista Group welcomes new American client Cinema West an upscale and expanding cinema circuit with sites across California and Idaho. The circuit will implement Vista Cloud Operational Excellence, which includes all Vista Cloud capabilities, across its 18 sites (188 screens). Implementation of Vista Group’s market leading enterprise cinema management SaaS solution is expected to be completed during H1 2025. Saudi Cinema Company (KSA – 12 sites) Existing client, Saudi Cinema Company (previously AMC KSA), will move its cinema circuit to Vista Cloud’s Operational Excellence, providing enhanced user experience and features focused on improved productivity for cinema staff. The Middle East is a growing market for cinema going. Saudi Cinema Company is a leading cinema circuit in that market with 12 cinemas and over 85 screens, and when they complete their migration in 2025 they will become the first cinema circuit in the region to complete their Vista Cloud adoption journey. SM Cinemas (Philippines – 76 sites) Existing client, SM Cinemas, the largest cinema circuit in the Philippines, will move its cinema circuit to Vista Cloud’s Moviegoer Engagement capability, the market leading omni channel digital and marketing loyalty offerings. SM Cinemas is part of the SM Prime Holdings, Inc., which is listed on the Philippines Stock Exchange and is one of Southeast Asia’s largest property developers and operators of shopping malls. With 76 cinemas (410+ screens), SM Cinemas is renowned for its commitment to delivering exceptional movie-going experiences and is expected to go live with Moviegoer Engagement during 2025. Accelerating onboarding In addition to recent signings, onboarding continues to accelerate with numerous existing clients progressing their Vista Cloud journey. Major Cineplex (Thailand – 182 sites) is now live with Operational Excellence, a step that sees one of the largest cinema exhibitors in Southeast Asia now utilising all Vista Cloud capabilities. Major Cineplex joins Cine Yelmo, Fat Cats, Flix Brewhouse and the growing list of new and existing clients leveraging the industry’s best technology to drive their business performance. The ongoing transition of Pathé (Europe - 124 sites) has also reached new milestones with France, Netherlands and Belgium live with various Vista Cloud capabilities, as they continue the journey to Operational Excellence. Everyman (UK – 44 sites) is now live with Digital Enablement and on track for Operational Excellence in 4Q24. With over 230 sites now live on Operational Excellence and over 400 sites on Digital Enablement and Moviegoer Engagement, Vista Group remains on track to achieve its year-end targets for clients live on Vista Cloud capabilities. Vista Group CEO, Stuart Dickinson, said: “Vista Group committed to a year of delivery in 2024 and we are thrilled to share our progress so far. Not only are we successfully onboarding global clients across our solutions, but we are also continuing to sign existing and new clients to Vista Cloud. It is fantastic to demonstrate this execution of our strategy as we deliver remarkable solutions to clients that help grow moviegoer attendance and improve operational effectiveness.” For further information please contact: Stuart Dickinson Chief Executive Officer Vista Group International Limited Contact: +64 9 984 4570 Matt Cawte Chief Financial Officer Vista Group International Limited Contact: +64 9 984 4570 About Vista Group Vista Group International Limited is a global leader in providing technology solutions to the international film industry. With brands including Vista, Veezi, Movio, Numero, Maccs, Flicks and Powster, Vista Group’s expertise covers cinema management software; loyalty, moviegoer engagement and marketing; film distribution software; box office reporting; creative studio solutions; and the Flicks movie, cinema and streaming website and app.