Ballantyne Strong, Inc. Q2 2009 Earnings Call Transcript

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2009-08-09 02:16:08.0

Tags: Call Transcript, Earnings, Question, Integration, Projectors, Hardware, Components, Seeking Alpha, Ballantyne of Omaha Inc.

Question-and-Answer Session

Operator

Thank you. (Operator instructions).

John Wilmers

Hello?

Operator

Please stand by for our first question. Our first question comes from the line of Tom Stewart, private investor. Please proceed.

Tom Stewart

Hi. Can you hear me?

John Wilmers

Yes, we can. I'm glad we can. I was wondering what was going on there.

Tom Stewart

All right. There is somebody out here. I was wondering if you could break down the number of mechanical film projectors you sold in the quarter and the number of digital.

Kevin Herrmann

Yes. We sold a hundred -- approximately 190 digital systems and 21 film finished systems.

Tom Stewart

Wonderful. You referred to the -- doing some installation in the integration of Regal, are you still expecting to continue that with them for their rollout?

John Wilmers

Yes, we are. We are still expecting to -- the area of integration that is still up in the air in terms of how much we will do, it is not as, it is not like we were planning to do originally, but we will be doing some integration. But as far as the installation is concerned, we are expecting to do the majority, if not all, of the rollouts of the Sony machines for Regal cinema.

Tom Stewart

Great. Any word on the DCLP – or DCIP funding, is that still on the works, or any news there?

John Wilmers

Just what I had mentioned, you know, we don't even want to talk much about that anymore only because we have been talking about it for a couple of years and it never seems to come to fruition. But we expect with the credit markets and things loosening up and the economy picking up a bit, and what we're having is, before the end of the year, there should be some part of that funding in place.

Tom Stewart

Okay. It seems like the markets are starting to loosen up a little bit. And one last question, you referred to Latin America, am I correct to assume you do have a lot of the NEC distribution rights for Central and South America?

John Wilmers

Yes, we do. We are the master reseller for -- we call it the Americas, so it is North, South, Central like that. Yes, we do have that.

Tom Stewart

Wonderful. Well that is all I have. Thank you so much for answering my questions.

 

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