Electrosonic Acquires Global Immersion, a Leading Digital Immersive Theater Designer and Integrator

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London (December 11, 2012) – Electrosonic is pleased to announce its acquisition of Global Immersion, a leader in the design and integration of high performance digital immersive theater attractions. Global Immersion will continue to serve the planetarium, institutional theater and giant screen markets.

The acquisition, completed on December 10, 2012, positions Electrosonic as the only company to offer digital immersive solutions across the theme park, museum, giant screen cinema and planetarium markets.

“This is a significant strategic move for both companies, and I am excited by the prospects presented by the acquisition,” says Jim Bowie, President of Electrosonic Group. “As a single operation, we will service an even broader range of markets, bringing further innovation and an expanded offering to our customers. Our goal to attract and develop the best industry talent has been one of the drivers of the acquisition. Together we will lead by consolidating our strengths and delivering the best visual systems in the world.”

Founded in 2007, Global Immersion is renowned for its work with highly specialized and technically-complex digital immersive theaters. The company has won multiple project and business awards, and has established a solid base of digital immersive theater attractions worldwide. Its project portfolio includes the California Academy of Sciences, Adler Planetarium, Moscow Planetarium, Swedish Museum of Natural History, Peoria Riverfront Museum and Reuben H. Fleet Science Center.

Martin Howe, CEO of Global Immersion comments “I am delighted with this transaction with Electrosonic. It allows us to further expand our activities and develop our product and service offering, opening up new doors and bringing with it many synergies. The planetarium and giant screen markets are undergoing significant change as the digital revolution pace quickens. Electrosonic offers a range of benefits that our customers can immediately enjoy. Its international reach and broad technical expertise and capacity mean that we can more cost-effectively service a wider range of customers in more locations, while building upon our shared reputation for quality, performance and support.”

Gemma Fabian

Marketing Manager

gemma.fabian@electrosonic.com

44 (0)1322 282353

About Electrosonic

Electrosonic is an international audio-visual company that creates tailored, state-of-the-art solutions for a wide range of markets including theme parks, museums, control rooms, and corporate meeting rooms. Since its founding in 1964, Electrosonic has built a strong reputation for working on complex projects, both large and small, and has developed lasting partnerships with customers and suppliers. Beyond complete integrated systems, Electrosonic provides a comprehensive scope of services including technical design, projector lamp sales, maintenance and operational support.

Learn more about Electrosonic. Visit http://www.electrosonic.com

About Global Immersion

Founded in 2007, Global Immersion is an award-winning team dedicated to the unique and innovative medium of digital immersive theater. Global Immersion specializes in the design and integration of highly customized and technically complex planetarium, giant screen, 3D and 4D environments - serving a range of digital immersive attractions industries with superior innovation and performance on an international scale.

For further information about Global Immersion and its range of leading immersive theater solutions, please visit www.globalimmersion.com/

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Global Immersion, a leader in the design and integration of high performance digital immersive theater attractions. http://www.globalimmersion.com/
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The acquisition, completed on December 10, 2012
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Founded in 2007, Global Immersion is an award-winning team dedicated to the unique and innovative medium of digital immersive theater. Global Immersion specializes in the design and integration of highly customized and technically complex planetarium, giant screen, 3D and 4D environments - serving a range of digital immersive attractions industries with superior innovation and performance on an international scale.
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Quotes

This is a significant strategic move for both companies, and I am excited by the prospects presented by the acquisition. As a single operation, we will service an even broader range of markets, bringing further innovation and an expanded offering to our customers. Our goal to attract and develop the best industry talent has been one of the drivers of the acquisition. Together we will lead by consolidating our strengths and delivering the best visual systems in the world.
Jim Bowie, President of Electrosonic Group
I am delighted with this transaction with Electrosonic. It allows us to further expand our activities and develop our product and service offering, opening up new doors and bringing with it many synergies. The planetarium and giant screen markets are undergoing significant change as the digital revolution pace quickens. Electrosonic offers a range of benefits that our customers can immediately enjoy. Its international reach and broad technical expertise and capacity mean that we can more cost-effectively service a wider range of customers in more locations, while building upon our shared reputation for quality, performance and support.
Martin Howe, CEO of Global Immersion