MUMBAI: UFO Moviez has installed digital cinema technology in 1000 cinemas across the country.

UFO Moviez CEO Rajesh Mishra says, "Digital Cinema heralds a new era for the cinema industry.The Indian film entertainment industry is poised to grow from the present size of Rs 96 billion to Rs 175 billion by 2011, implying a 16 per cent cumulative annual growth over the next five years. We hope that the advanced technology that UFO Moviez brings with it will help the Indian film industry in all the spheres including film production, film exhibition and marketing."

UFO Moviez has released in digital format about 600 movies in 17 Indian languages and has completed installations in 21 screens across Nepal, Sri Lanka and Mauritius.

"We plan to provide our consumers flexible programming and high-quality viewing experience," adds Mishra.

UFO Moviez is now venturing into Hollywood films with its first release Rambo IV opening in 98 theatres.