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MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Barco NV    BAR   BE0003790079

BARCO NV

(BAR)
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208.25 EUR   -3.36%
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BARCO : New-media installation RealTime UnReal exhibit comes to life with Barco's DLP projection

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08/31/2011 | 02:11pm EST

Rancho Cordova, California, USA – 31 August, 2011 – International art collective Workspace Unlimited has selected Barco's RLM-W6 DLP® projectors to showcase its unique, interactive exhibit in which art and architecture converge to create a surreal, immersive experience. Opening today at the Musée d'art contemporain in Montreal (MACM), Canada, the exhibit RealTime UnReal utilizes the projectors – supplied by Montreal-based SC Media Technologies – to merge a visitor's experience of virtual and physical spaces.

Barco's RLM-W6 three-chip DLP projector delivers superior brightness, full HD resolution and precise color reproduction to present RealTime UnReal in stunningly lifelike detail, creating multi-perspective “Hybrid Spaces” where the real and the virtual interweave in a constant flux. “We're excited to use Barco projectors in our challenging Hybrid Space projects, because they enable us to reveal the work's full potential in passive 3D projection,” explained Thomas Soetens of Workspace Unlimited.

Barco was an early supporter of the internationally renowned collective's endeavors, sponsoring its inaugural exhibit of RealTime UnReal at the Museum of the Moving Image last January in New York. “We're honored to continue our partnership with Workspace Unlimited – true pioneers in 'extreme' media art – as it gives Barco an opportunity to test the full capabilities of our technology,” commented Mitch Stein, National Channel Manager for Barco Canada. “It's exciting to see how our cutting-edge capabilities translate into artistic reality in astonishing ways.”

The world's first three-chip DLP projector at a singe-chip price, featuring WUXGA (1920x1200) resolution, 6,000 lumens light output and extremely quiet operation, the RLM-W6 expertly integrates best-in-class hardware with the industry's most advanced AV software to produce seamless projections for live shows, concerts, 3D video gaming, and more. One market that is especially conducive to augmented reality is the fast-growing corporate AV market, where augmentations can boost the “wow” factor of sophisticated corporate presentations informing, motivating and inspiring employees, sales prospects and customers.

VP North America and Managing Director for Barco Canada Danny Sergeant remarked, “Incorporating interactive 3D and immersive elements into presentations engages audiences at another level, reinforcing messages and improving absorption of information, as well as creating an enjoyable and memorable experience. We see a bright future for forward-thinking companies who embrace these technologies now, and Barco is well-equipped to meet their AV needs now, and for years to come.”

For a glimpse of the exhibit, see a video clip of RealTime UnReal at http://www.youtube.com/watch?v=R-wsj_AhsxI

About Workspace Unlimited

Workspace Unlimited was founded in 2001 in Belgium by Kora Van den Bulcke and Thomas Soetens, respectively architect and visual artist. Both were born in Ghent, Belgium in 1972, and currently live in Montreal. Van den Bulcke is a graduate of the Université de Montréal's school of architecture, and Soetens studied at Het Instituut voor Beeldende Kunst Sint-Lucas Gent (the Saint-Luc Institute for Visual Arts in Ghent). RealTime UnReal was commissioned by the Museum of the Moving Image with a grant from the Rockefeller Foundation. The project was realized with the support of the Flemish Authorities. Major support was provided by Barco and Stewart Filmscreen.

For interview requests with Workspace Unlimited, please contact:

Gen Blouin, Publicist, GenesisPR

514-887-8187 or gen@genesispr.ca

RSVP@workspace-unlimited.org

About the Musée d'art contemporain de Montréal

The Musée d'art contemporain de Montréal is a Québec-owned corporation funded by the Ministère de la Culture, des Communications et de la Condition féminine du Québec. It receives additional funding from the Department of Canadian Heritage and the Canada Council for the Arts. The Musée d'art contemporain is located at 185 Sainte-Catherine Street West, Place-des-Arts metro. Hours: Tuesday through Sunday, 11 a.m. to 6 p.m., and Wednesdays until 9 p.m. Information: 514.847.6226.

About Barco

Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with about 3,500 employees worldwide. Barco posted sales of 897 million euro in 2010.

© Copyright 2011 by Barco

For more information, please contact

Tyler West

Corporate Marketing Director, North America

Barco n.v.

Phone:+1 678-512-6107

tyler.west@barco.com

Nancy Xiao

Press & PR Manager APAC

Barco n.v.

Phone:+86 10 8012 0885

nancy.xiao@barco.com

Sophie Hautekeete

Press & PR EMEA-LATAM

Barco n.v.

Phone:+32 56 36 80 59

sophie.hautekeete@barco.com

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Financials (EUR)
Sales 2020 1 159 M
EBIT 2020 136 M
Net income 2020 116 M
Finance 2020 412 M
Yield 2020 1,36%
P/E ratio 2020 23,2x
P/E ratio 2021 19,5x
EV / Sales2020 1,98x
EV / Sales2021 1,73x
Capitalization 2 712 M
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Mean consensus BUY
Number of Analysts 3
Average target price 261,67  €
Last Close Price 215,50  €
Spread / Highest target 27,6%
Spread / Average Target 21,4%
Spread / Lowest Target 13,7%
EPS Revisions
Managers
NameTitle
Jan de Witte Chief Executive Officer & Director
Charles Beauduin Chairman
Rob Jonckheere Senior Vice President-Global Operations
Ann Rita Desender Chief Financial Officer & Senior Vice President
Xavier Bourgois Senior Vice President-Information Technologies
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