{"id":690251,"date":"2022-09-29T08:34:14","date_gmt":"2022-09-29T12:34:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-technical-services-introduces-new-digital-content-delivery-service\/"},"modified":"2022-09-29T08:34:14","modified_gmt":"2022-09-29T12:34:14","slug":"strong-technical-services-introduces-new-digital-content-delivery-service","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-technical-services-introduces-new-digital-content-delivery-service\/","title":{"rendered":"Strong Technical Services Introduces New Digital Content Delivery Service"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">CHARLOTTE, N.C., Sept.  29, 2022  (GLOBE NEWSWIRE) &#8212; Strong Technical Services \u201c(STS\u201d), a wholly-owned subsidiary of Ballantyne Strong, Inc.\u00a0(NYSE American: BTN) (\u201cBallantyne\u201d or the \u201cCompany\u201d), today announced that it has initiated a new digital content delivery offering for its cinema partners. Built on the Google Cloud global network, the offering enables STS customers to upload and distribute content from one convenient digital feed rather than downloading content files from multiple file-hosting services. Content can also be placed directly on the customer\u2019s TMS from the service.<\/p>\n<p align=\"justify\">\u201cWe are committed to helping our cinema partners streamline their operations and this upgraded technology drives efficiencies by providing one seamless content delivery option rather than the retrieval of content from different sources,\u201d commented Ray Boegner, President of Strong Entertainment at Ballantyne Strong. \u201cSTS has led the way on many innovative technologies in the cinema services industry and we\u2019re pleased to diversify our portfolio with the addition of digital content delivery. We are rolling this out to one of our exhibitor partners after successfully piloting at 20 locations and are now offering it to our broader customer base.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Ballantyne Strong,\u00a0Inc. and Strong Technical Services, Inc.<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Ballantyne Strong, Inc. is a diversified holding company with operations and investments across a broad range of industries. The Company\u2019s Strong Entertainment business unit includes STRONG\/MDI Screen Systems (<a href=\"https:\/\/strongmdi.com\/\" rel=\"nofollow noopener\" target=\"_blank\">www.strongmdi.com<\/a>), the leading premium screen and projection coatings supplier in the world and Strong Technical Services (<a href=\"http:\/\/www.strong-tech.com\/\" rel=\"nofollow noopener\" target=\"_blank\">www.strong-tech.com<\/a>), which provides comprehensive managed service offerings with 24\/7\/365 support nationwide to ensure solution uptime and availability. Ballantyne Strong also holds stakes in GreenFirst Forest Products Inc., Firefly, Inc, and FG Financial Group, Inc.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Forward-Looking Statements <\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">In addition to the historical information included herein, this press release includes forward-looking statements, such as management\u2019s expectations regarding its portfolio companies, the Company\u2019s intent to pursue an initial public offering and separate listing of its Entertainment business, as well as future sales, the impact, length and severity of the COVID-19 pandemic, general economic recovery from the effects of the COVID-19 pandemic, and the adequacy of the actions taken in response to the pandemic, which involve a number of risks and uncertainties, including but not limited to those discussed in the \u201cRisk Factors\u201d section contained in Item 1A in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 24, 2022, and the following risks and uncertainties: the negative impact that the COVID-19 pandemic has already had, and may continue to have, on the Company\u2019s business and financial condition; the impact on the global economy and supply chains of the ongoing military conflict in Ukraine and the sanctions related thereto; the Company\u2019s ability to maintain and expand its revenue streams to compensate for the lower demand for the Company\u2019s digital cinema products and installation services; potential interruptions of supplier relationships or higher prices charged by suppliers; the Company\u2019s ability to successfully compete and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments; the Company\u2019s ability to successfully execute its capital allocation strategy or achieve the returns it expects from these investments; the Company\u2019s ability to maintain its brand and reputation and retain or replace its significant customers; challenges associated with the Company\u2019s long sales cycles; the impact of a challenging global economic environment or a downturn in the markets (such as the current economic disruption and market volatility generated by the ongoing COVID-19 pandemic and ongoing military conflict in Ukraine and related sanctions); economic and political risks of selling products in foreign countries (including tariffs); risks of non-compliance with U.S. and foreign laws and regulations, potential sales tax collections and claims for uncollected amounts; cybersecurity risks and risks of damage and interruptions of information technology systems; the Company\u2019s ability to retain key members of management and successfully integrate new executives; the Company\u2019s ability to complete acquisitions, strategic investments, entry into new lines of business, divestitures, mergers or other transactions on acceptable terms, or at all; the impact of the COVID-19 pandemic on the Company\u2019s portfolio companies; the Company\u2019s ability to utilize or assert its intellectual property rights, the impact of natural disasters and other catastrophic events (such as the ongoing COVID-19 pandemic and ongoing military conflict in Ukraine and related sanctions); the adequacy of insurance; the impact of having a controlling stockholder and vulnerability to fluctuation in the Company\u2019s stock price. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. Many of the risks listed above have been, and may further be, exacerbated by the ongoing COVID-19 pandemic, its impact on the cinema and entertainment industry, and the worsening economic environment. Actual results could differ materially from those anticipated in the forward-looking statements and from historical results, due to the risks and uncertainties described herein, as well as others not now anticipated. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on the Company\u2019s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Except where required by law, the Company assumes no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.<\/p>\n<p>\n        <strong><br \/>\n          <em>For Investor Relations Inquiries:<\/em><br \/>\n        <\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:40%;width:40%;min-width:40%\">Mark Roberson, CEO<\/td>\n<td style=\"max-width:60%;width:60%;min-width:60%\">John Nesbett \/ Jennifer Belodeau<\/td>\n<\/tr>\n<tr>\n<td>Ballantyne Strong,\u00a0Inc.<\/td>\n<td>IMS Investor Relations<\/td>\n<\/tr>\n<tr>\n<td>704-994-8279<\/td>\n<td>203-972-9200<\/td>\n<\/tr>\n<tr>\n<td>\n            <a href=\"mailto:IR@btn-inc.com\" rel=\"nofollow noopener\" target=\"_blank\">IR@btn-inc.com<\/a>\n          <\/td>\n<td>\n            <a href=\"mailto:ballantyne@imsinvestorrelations.com\" rel=\"nofollow noopener\" target=\"_blank\">ballantyne@imsinvestorrelations.com<\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NTIyMSM1MTc3MDIzIzUwMDA3MzYzNQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MGMyNTAwMWEtMzM5ZC00NGFhLWI5YWEtMTcwOTJkZTcxMjRmLTUwMDA3MzYzNQ==\/tiny\/Ballantyne-Strong-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHARLOTTE, N.C., Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Strong Technical Services \u201c(STS\u201d), a wholly-owned subsidiary of Ballantyne Strong, Inc.\u00a0(NYSE American: BTN) (\u201cBallantyne\u201d or the \u201cCompany\u201d), today announced that it has initiated a new digital content delivery offering for its cinema partners. Built on the Google Cloud global network, the offering enables STS customers to upload and distribute content from one convenient digital feed rather than downloading content files from multiple file-hosting services. Content can also be placed directly on the customer\u2019s TMS from the service. \u201cWe are committed to helping our cinema partners streamline their operations and this upgraded technology drives efficiencies by providing one seamless content delivery option rather than the retrieval of content from different sources,\u201d commented Ray &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-technical-services-introduces-new-digital-content-delivery-service\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Strong Technical Services Introduces New Digital Content Delivery Service&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690251","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strong Technical Services Introduces New Digital Content Delivery Service - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-technical-services-introduces-new-digital-content-delivery-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strong Technical Services Introduces New Digital Content Delivery Service - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHARLOTTE, N.C., Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Strong Technical Services \u201c(STS\u201d), a wholly-owned subsidiary of Ballantyne Strong, Inc.\u00a0(NYSE American: BTN) (\u201cBallantyne\u201d or the \u201cCompany\u201d), today announced that it has initiated a new digital content delivery offering for its cinema partners. Built on the Google Cloud global network, the offering enables STS customers to upload and distribute content from one convenient digital feed rather than downloading content files from multiple file-hosting services. Content can also be placed directly on the customer\u2019s TMS from the service. \u201cWe are committed to helping our cinema partners streamline their operations and this upgraded technology drives efficiencies by providing one seamless content delivery option rather than the retrieval of content from different sources,\u201d commented Ray &hellip; Continue reading &quot;Strong Technical Services Introduces New Digital Content Delivery Service&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-technical-services-introduces-new-digital-content-delivery-service\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-29T12:34:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NTIyMSM1MTc3MDIzIzUwMDA3MzYzNQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Strong Technical Services Introduces New Digital Content Delivery Service\",\"datePublished\":\"2022-09-29T12:34:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/\"},\"wordCount\":971,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODY1NTIyMSM1MTc3MDIzIzUwMDA3MzYzNQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-technical-services-introduces-new-digital-content-delivery-service\\\/\",\"name\":\"Strong Technical Services Introduces New Digital Content Delivery Service - 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