WINNIPEG, October 28, 2014 – Empire Industries Ltd. (TSX-V: EIL) today reported a contract award for a media based attraction. The contract, valued at approximately $8 million, has been awarded by a major South Korean theme park to Empire’s Dynamic Attractions business unit. This contract represents Dynamic Attractions’ entry into the growing South Korean market and further confirms that the Asian market niche outlook is very good. The contract will largely be executed within the next eighteen months.
“South Korea has established itself as one of the most technologically sophisticated countries in the world.” Said Guy Nelson, Empire’s Chief Executive Officer. “The selection of our Dynamic Attractions branded attraction underscores the world-class nature of our media based attractions. The South Korean market has strong potential to drive growth in our media based attractions segment for years to come.”