Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, today announced that it has postponed the release of its 2011 fourth quarter and year-end earnings release, as well as the conference call and webcast previously scheduled for Friday, March 9 at 10:00 a.m. ET.
CFO Mary A. Carstens stated, "Ballantyne requires additional time to complete the review and audit of the Company's full-year 2011 financial results due to a delay in the China-portion of our audit, which is taking longer to complete due to recent personnel changes in that country's finance organization. We will issue a subsequent press release announcing the timing of the 2011 financial results and set a new conference call/webcast date and time as soon as practicable."
About Ballantyne Strong, Inc. (www.strong-world.com)
Ballantyne Strong is a provider of digital cinema projection equipment and services as well as cinema screens, motion picture projectors and specialty lighting equipment and services. The Company supplies major and independent theater chains, top arenas, theme parks and architectural sites around the world.
Contacts:
Ballantyne Strong, Inc.
Mary A. Carstens, CFO, 402-453-4444
or
Jaffoni
& Collins Incorporated
Robert Rinderman, David Collins
212-835-8500
BTN@jcir.com