LOS ANGELES & HONG KONG--(BUSINESS WIRE)--RealD Inc. (NYSE:RLD), a leading global licensor of 3D technologies for cinema, consumer electronics and professional applications, announced today the opening of new offices in Hong Kong and Shanghai. The offices will focus on the company’s 3D Cinema business and handle sales, customer service and operations for greater China, Southeast Asia and Korea.

“Following on our success in North America and Europe, these new offices will allow us to grow our 3D cinema business in Asia,” said Joseph Peixoto, President of Worldwide Cinema at RealD. “As of last quarter, we had increased our installed screen count in Asia by over 350% from the prior year and we look forward to leveraging our new offices to continue this growth.”

Joining RealD and overseeing the Hong Kong and Shanghai offices is Edman Chan, the recently appointed General Manager of Greater China, Southeast Asia and Korea for Cinema. A native of Hong Kong, Edman brings to RealD over 20 years of experience at Eastman Kodak where he held varied roles across sales, marketing and general management. Most recently, Edman served as the Director of Sales and Markets Development, Digital Cinema for Greater China, ASEAN and Korea, where he was responsible for the development of Kodak Digital Cinema systems and services for 10 countries and territories. Other positions held with Kodak include General Manager of Digital Imaging Services for Greater China, General Manager of Cinelabs Beijing, a joint venture between Kodak and China Film Group, and General Manager of Kodak Cinema World, a joint venture between Kodak and Shanghai Film Group.

“RealD is globally known as a leader in 3D cinema and I look forward to the great opportunity that lies ahead with the opening of our offices in Hong Kong and Shanghai,” said Edman Chan.

Also joining RealD is Bryan Ishijima, who has been named Director of Business Development, Cinema Japan. Based in Tokyo, Bryan will oversee Cinema business development and operations across Japan. Prior to joining RealD, Bryan was Sales Director for Twentieth Century Fox Japan, where he worked with exhibitors and industry partners on booking and marketing up to 20 feature film releases each year. Prior to his position at Twentieth Century Fox Japan, Bryan was Vice President of AMC Entertainment International where he established AMC’s corporate office in Japan and opened the exhibitor’s first multiplex sites. Under Bryan’s leadership, AMC built 5 multiplex locations across Japan accounting for 80 screens.

“Having worked for both a studio and exhibitor, I have seen how new technology can drive industries forward and I look forward to bringing RealD 3D to exhibitors and moviegoers throughout Japan,” said Bryan Ishijima.

“Edman and Bryan’s experience and business savvy are great additions to the RealD team and we look forward to their many contributions,” added Joseph Peixoto.

RealD is a leading licensor of 3D technology for movie theatres, with 17 of the 18 largest exhibitors in the world using RealD 3D. As of the quarter ending September 24, 2010, RealD had deployed its 3D technology on approximately 9,300 cinema screens worldwide.

About RealD Inc.

RealD is a leading global licensor of 3D technologies. RealD's extensive intellectual property portfolio is used in applications that enable a premium 3D viewing experience in the theater, the home and elsewhere. RealD licenses its RealD Cinema Systems to motion picture exhibitors that show 3D motion pictures and alternative 3D content. RealD also provides its RealD Display, active and passive eyewear, RealD Format and gaming technologies to consumer electronics manufacturers and content producers and distributors to enable the delivery and viewing of 3D content. RealD's cutting-edge 3D technologies have been used for applications such as piloting the Mars Rover. For more information, please visit our website at www.reald.com.

Cautionary note on forward-looking statements

This press release includes forward-looking information and statements, including but not limited to: statements concerning the development of RealD’s 3D Cinema business in greater China, Southeast Asia and Korea. These statements are based on RealD’s current expectations and beliefs, as well as a number of assumptions concerning future events. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside RealD’s control that could cause actual results to differ materially from the results discussed in the forward-looking statements. RealD’s annual and quarterly reports include a more detailed discussion of the risks and uncertainties that may cause that could cause actual results to differ materially from the results discussed in the forward-looking statements.

RealD undertakes no obligation to update publicly the information contained in this press release, or any forward-looking statements, to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

© 2010 RealD Inc. All Rights Reserved.