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Topic: MegaSystems to Ballantyne of Omaha
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John Pytlak
Film God
Posts: 9987
From: Rochester, NY 14650-1922
Registered: Jan 2000
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posted 12-05-2002 03:59 PM
Just published in James Hyder's "Large Format Examiner":
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LF projector maker MegaSystems Inc., has ceased all operations and Ballantyne of Omaha, Inc., will assume all manufacturing, sales, and support for MegaSystems' line of LF and conventional projectors, according to a press release issued today. Ballantyne is a leading manufacturer of 35mm projection equipment.
MegaSystems orders currently under contract will be fulfilled, and all service and warranty obligations to existing customers will be honored by MegaSystems' parent company, Pacific Art and Title, which made the deal with Ballantyne. Pac Title will also retain the rights to the LF film, "Olympic Glory," produced by MegaSystems in 1999.
MegaSystems president Cathy Neifeld will "assist Ballantyne's sales and marketing of the MegaSystems product line," according to the release. Sources tell LFX that most MegaSystems staff have been laid off, although a few sales reps may transfer to Ballantyne.
The December issue of LF Examiner, to be published next week, will have further details, as well as the following stories:
The Future of 3D, by Gord Harris Kilimanjaro: Below the Ceiling of the Budget, by Arabella Cecil The Yankees are Coming, or Are They? by Peter Crane
and all the usual features and departments.
--James Hyder Editor/Publisher
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