Digiplex Continues Rapid Circuit Expansion, Enters into Agreements to Acquire Two Entertainment Complexes and Lease a Third, Adding to Its Growing Footprint

WESTFIELD, N.J.--(BUSINESS WIRE)--Digital Cinema Destinations Corp. (NasdaqCM:DCIN), a fast-growing motion picture exhibitor dedicated to transforming movie theaters into digital entertainment centers, today announced the signing of asset purchase agreements to acquire two new theater locations – an 8-screen multiplex in Mechanicsburg, PA (Harrisburg DMA 39) and a 7-plex located in Churchville, MD (Baltimore DMA 27), from Flagship Cinemas. Consideration for these two theaters will be a combination of cash and DCIN common stock. Additional financial terms were not disclosed.