Founded by the Valuable Group in 2005, UFO Moviez India Ltd is the world’s largest satellite networked digital cinema chain. UFO’s path breaking initiative has revolutionized the way films are distributed & exhibited in India through its pioneering technology and infrastructure. Leading Indian industrial house Apollo Tyres Group and international PE investors 3i UK and Providence Equity Partners have made investments in UFO.

Within a few years of its launch, UFO has become the global market leader in its area of operations, offering end to end digital cinema solutions and delivering films via satellite directly to theatres, ensuring ‘FIRST DAY FIRST SHOW’ for film distributors and exhibitors across the country. The company’s strength lies in its innovative business approach, execution skills and focus on technology enabled business innovations.

Currently, with 2722 digital cinema installations spread in 1300 cities across the length and breadth of India, UFO is an integral part of the Indian film industry and significantly contributes to its expansion through wide spread day one releases of films across geographies. UFO’s secure technology has substantially reduced piracy in India.

The digital cinema solutions provided by UFO are very cost effective and cater to varied requirements of exhibitors without any compromise in quality, reliability and security.

UFO has added another first to its list by successfully bringing cricket matches of Indian Premier League (IPL), LIVE to over 800 cinema screens in high definition thus providing an option of alternate content to exhibitors in India. UFO has also achieved a major technological break-through in the field of 3D. It has indigenously developed a very cost effective technology to convert existing 2D screens into 3D screens. Currently, 144 screens in India are equipped with UFO’s 3D technology and this number is slated to go up to 1250 in next year and a half. UFO’s 3D initiative has fuelled the development of domestic 3D content.

Recently, UFO has also launched a unique Ticketing Platform - “IMPACT”, for the entertainment industry to bring transparency, efficiency and accountability in the Media and Entertainment business. IMPACT operates in real time and is connected to the back-end via satellite. Due to its cost effectiveness and usefulness, IMPACT’s integrated online computerized ticketing and concessions billing system has been deployed in more than 200 screens in India within a short period of its launch. This number is expected to cross 1000 installations over the next one year.

SCRABBLE ENTERTAINMENT LIMITED (Scrabble)

UFO has recently acquired a controlling stake in Scrabble Entertainment. Scrabble is an integrator of DCI compliant screens in India. Scrabble has already deployed 400 DCI screens in India, which number is expected to grow to 1200 by end 2012.

With the acquisition of a controlling stake in Scrabble, UFO is now in a unique position to provide integrated offering covering both DCI as well as non DCI systems. Also, UFO is now actively marketing its satellite based cost effective technology solutions to Indonesia, Malaysia, China and other SEA countries, which have a strong flow of domestic content and face logistical challenges in physical delivery due to their terrain or size. At the same time, UFO, through its subsidiary Scrabble, is in a position to offer DCI solution to cinemas to service their Hollywood content requirement.