GDC Technology has signed separate virtual print fee (VPF) financing deals with three US studios - Twentieth Century Fox, Paramount Pictures International and Universal Pictures International - for the deployment of digital cinema across Asia.

Under the terms of the non-exclusive agreements, the three studios will supply Asian exhibitors with digital feature film content, as well as make financial contributions towards the costs of DCI-compliant digital cinema equipment deployed by GDC.

Phase 1 of the programme will cover 6,000 screens in various countries in Asia, including mainland China, and will be followed by Phase 2 which will reach out to further Asian territories.

'GDC's commitment to the digital transition and roll out of DCI compliant digital projection systems across the Asian markets is very significant,' said Julian Levin, Fox's executive vice president, digital exhibition. 'Digital projection will not only provide movie goers with an enhanced theatrical viewing experience but also will provide 3D and alternative programming opportunities which are not possible with conventional analogue 35mm film.'

'The support of Fox, Paramount and Universal is a strong endorsement of GDC and its competency in delivering a pan Asian deployment,' said GDC founder and CEO Dr Chong Man-nang. 'We are expecting more signings with other studios and independent distributors in the near future. '

GDC Technology is a subsidiary of Hong Kong-listed company Global Digital Creations Holdings. The company has delivered and installed over 1,000 operating digital cinema servers worldwide.