Carmike to Bring New “BIGD” Enhanced Experience with 80 Foot Screen to Colorado Springs Area Movie-Goers with Next Fall’s

  Carmike to Bring New “BIGD” Enhanced Experience with 80 Foot Screen to
  Colorado Springs Area Movie-Goers with Next Fall’s Opening of a New Carmike
  Cinema 13 Entertainment Complex at Chapel Hills Mall

Business Wire

COLUMBUS, Ga. & COLORADO SPRINGS, Colo. -- October 17, 2012

Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading DIGITAL cinema and 3D motion
picture exhibitor, today announced the projected fall 2013 opening of a new
Carmike Cinemas entertainment complex in the Chapel Hills Mall in Colorado
Springs, CO.

The new theatre will have 13 screens with total seating for over 2,800 guests
and will showcase our state-of-the-art “BIGD” auditorium, Carmike’s critically
acclaimed premium theatre experience. The new facility will be equipped with
auditoriums featuring stadium style seating with comfortable high back rocking
luxury seats, retractable armrests and convenient cup holders. The Carmike 13
will also have large, wall-to-wall screens, as well as high-quality DLP
DIGITAL projection and DIGITAL sound. Other components of the new theatre
include an upscale lobby, multiple concession areas featuring Coca-Cola
Freestyle drink centers, and one-stop ticketing and concessions stations - a
unique design feature of the Carmike 13. Filmgoers can escape the elements,
purchase their tickets and favorite concessions, and quickly move into their
comfortable seats. The new complex will also feature special services for the
visual and hearing impaired.

Carmike President and CEO David Passman stated, “We’re providing the ultimate
entertainment experience that centerpieces large format DIGITAL with bigger
screens, bigger sound, and luxurious theatre seating for cutting-edge
presentation and the definitive enjoyment of our audiences. With the opening
of the new complex, the Colorado Springs and Front Range area joins a select
and growing group of communities across the nation offering Carmike
theatregoers the exciting new “BIGD” format.

The Chapel Hills Mall, a strategic high-traffic retail center known for an
exciting variety of over 100 national, regional and local retailers and
eateries, provides Carmike’s new theatre complex with an ideal location near
the center of the community.

“Carmike’s leading edge complex is unique to the area and represents a huge
leap forward in the entertainment options Chapel Hills Mall can offer to
people in the Colorado Springs-Denver-Pueblo corridor and surrounding
communities. Carmike Cinemas has been here with us for many years, and we
applaud their leadership in bringing this state-of-the-art facility to our
tenants and shoppers,” said Victoria Harley, General Manager for Chapel Hills
Mall. “The new entertainment complex will be a significant amenity for
Colorado Springs and the region and a key addition to our local economy. The
Carmike 13 will greatly enhance the ‘mall-going experience’ for all of our
valued patrons. Carmike’s existing 15-screen theatre will close its doors
October 26, and we expect demolition to begin in early November. The Carmike
13, set to open next fall, will help make Chapel Hills Mall truly a ‘one-stop’
destination providing exceptional dining, shopping and entertainment for
consumers of all ages and interests. We view Carmike’s investment in this
property as a strong vote of confidence as we begin a new era of vitality and
growth.”

Expected to draw area movie-goers to the “BIGD” Experience will be its totally
enhanced theatre amenities, including a wall-to-wall screen measuring over 80
feet wide and three stories tall, boosted by the latest in 7.1 surround sound
and DIGITAL projection of both 2D and 3D features. In technical terms,
Carmike’s “BIGD” DIGITAL Experience is powered by a cutting-edge Christie
Brilliant 3D flash projector. The end result is a light output of 30,000
lumens, creating a picture quality with noticeably higher resolution than HD.
The new environment will be further embellished by the comfort of plush
leather high-back rocking seats placed for optimal viewing in a
stadium-seating configuration.

“The success of 3-D releases for features like ‘Avatar,’ ‘Cars 2,’
‘Transformers: Dark of the Moon,’ and the record-breaking re-launch of ‘The
Lion King in 3-D,’ demonstrates that audiences are excited about and enjoy the
new DIGITAL experience, and are demanding it,” notes Mr. Passman. “These early
successes will no doubt persuade producers to release more movies in this
format, and with the “BIGD” experience – in either 3-D or 2-D DIGITAL –
Carmike has the full capability to provide our audiences with the technology
and total luxury that brings theater going to a new level.”

“Plans for Carmike’s “BIGD” experience consist of more locations to open in
2012-13. Complexes featuring Carmike’s “BIGD” experience that are currently
under construction include Decatur, AL, Sandestin, FL, Champaign, IL,
Jacksonville, NC, Cleveland, TN, and Winchester, VA; and plans are underway
for construction to begin in Opelika, AL, Oak Grove, KY, and El Paso, TX.
Whether it is a movie, concert, sporting event, motivational speaker or church
service, Carmike guests will find “BIGD” placing them at the heart of the
event,” notes Terrell Mayton, Carmike’s Director of Marketing.

About Carmike Cinemas (www.carmike.com)

Carmike Cinemas, Inc. is a U.S. leader in digital cinema and 3-D cinema
deployments and one of the nation’s largest motion picture exhibitors. As of
June 30, 2012, Carmike had 233 theatres with 2,245 screens in 35 states.
Carmike’s digital cinema footprint reached 2,122 screens, including 209
theatres with 750 screens that are also equipped for 3-D. The circuit also
includes 14 “Big D” large format digital experience auditoriums, featuring
state-of-the-art equipment and luxurious seating. As “America’s Hometown
Theatre Chain,” Carmike’s primary focus for its locations is small to
mid-sized communities.

About Chapel Hills Mall

Chapel Hills Mall, opened in 1982, and is a two-level, 1,200,000 square foot
enclosed super regional mall located in Colorado Springs, Colorado. Six
traditional department stores, Dillard’s, jcpenney, Macy’s, Sears, Dick’s
Sporting Goods and Burlington Coat Factory anchor Chapel Hills Mall which also
includes over 105 specialty shops and restaurants. Chapel Hills Mall is
centrally located at I-25 at N. Academy. It serves a primary population of
over 312,000.

About Urban Retail Properties, LLC

Urban Retail Properties, LLC is an independent, privately held company, and
has been the developer for more than 75 projects, which include premier
shopping destinations and mixed-use projects. Headquartered in Chicago, IL,
Urban has offices in Florida, Massachusetts, Washington DC, New Jersey, Los
Angeles and Texas. Urban Retail is one of the nation’s leading third-party
real estate managers. Additionally, the company provides consulting services
for clients worldwide. Urban Retail was formed more than 37 years ago and
manages a diverse portfolio of retail projects.

Contact:

Carmike Cinemas, Inc.
Terrell Mayton, 706-576-3464
Director of Marketing
or
Chapel Hills Mall
Victoria Harley, 719-594-0111
General Manager
 
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