IMPACT Ticketing Platform

In addition to our primary business comprising our UFO-M4 and D-Cinema businesses, we also explore and develop additional platforms and business innovations. Under an exclusive arrangement (which was amended on December 18, 2014) with Impact Media Exchange Limited, we are marketing an electronic ticketing platform known as the Integrated Media Pact, or “IMPACT”, to improve transparency, efficiency and accountability in movie screening industry. The transactions on IMPACT are captured on a real time basis as it is connected via satellite to a centralised Network Operation Centre. IMPACT mediates the transactions between exhibitors on one hand and distributors on the other, ensuring that ticketing transactions and movie screenings are transparent. IMPACT has been designed to ultimately act as a settlement exchange for various stakeholders of the movie screening industry. As on March 31, 2016, IMPACT has been deployed in 326 screens in India and currently we charge rentals from exhibitors for the use of IMPACT.