Digiplex Forges Agreement to Acquire 10-Screen Entertainment Complex in Londonderry, NH, Further Expanding Its Footprint to 23

  Digiplex Forges Agreement to Acquire 10-Screen Entertainment Complex in
  Londonderry, NH, Further Expanding Its Footprint to 23 Locations, upon
  Closing

- Company Plans Two Additional Screens at Williamsport, PA Location to Create
   11-Plex Digital Theater in Early 2014, Growing Circuit to 223 Screens -

Business Wire

WESTFIELD, N.J. -- November 7, 2013

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 an asset purchase
agreement to acquire a 10-plex in Londonderry, NH (Boston DMA 7) from Eastern
Shores, Inc. (dba O’Neil Cinemas). Digiplex previously acquired its Lisbon, CT
theater from O’Neil in fall 2012.

Pursuant to the Londonderry agreement, Digiplex will be negotiating a new
10-year lease at this property, with options to extend. Additional financial
terms of this agreement were not disclosed, and the transaction is anticipated
to close in early 2014. Separately, Digiplex also announced that its
Williamsport, PA theater landlord has agreed to subdivide two of the nine
auditoriums at this location, expanding it to an 11-plex. Work is expected to
be completed by early 2014 and is being funded by the property landlord.

Digiplex Chairman and CEO Bud Mayo stated, “We are very excited to enter the
Boston DMA, the nation’s seventh largest, with our pending acquisition of the
all-digital Londonderry 10-plex. Similar to our Lisbon location, which we also
acquired from O’Neil Cinemas, this all-digital, state-of-the-art theater has
premium 3D-compatible screens and D-BOX 4D seating, as well as other amenities
that our guests truly enjoy at other Digiplex entertainment complexes around
the US. The Lisbon theater continues to perform very well and we expect
Londonderry to also be an excellent addition to our circuit.

“Inclusive of our recently announced entrees into the Baltimore, MD and
Daytona, FL markets, New Hampshire will mark our ninth state with a Digiplex
entertainment complex. The Company’s ultimate target national footprint
remains 100 locations and 1000 screens, as we continue to successfully execute
upon our active growth strategy. Since our IPO in April 2012, we have added
more than 200 screens to our circuit, including pending additions, resulting
in almost 1100% screen growth from our initial small footprint,” added Mr.
Mayo.

About Digital Cinema Destinations Corp.(www.digiplexdest.com)

Digital Cinema Destinations Corp. (NasdaqCM: DCIN) is Digiplex Destinations,
dedicated to transforming its movie theaters into interactive entertainment
centers. The Company provides consumers with uniquely satisfying experiences,
combining state-of-the-art digital technology with engaging, dynamic content
that far transcends traditional cinematic fare. The Company's customers enjoy
live opera, ballet, Broadway shows, sports events, concerts and, on an ongoing
basis, the very best major motion pictures. Digiplex operates 19 cinemas and
184 screens in AZ, CA, CT, OH, PA, and NJ. You can connect with Digiplex via
Facebook, Twitter, YouTube and Blogger.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
the Company's actual results in future periods to differ materially from
forecasted results. A number of factors, including those described in the
Company's Annual Report on Form 10-K for the fiscal year 2013 and other
filings with the U.S. Securities and Exchange Commission (SEC), could
adversely affect the Company. Copies of the Company's filings with the SEC are
available from the SEC, may be found on the Company's website or may be
obtained upon request from the Company. The Company does not undertake any
obligation to update the information contained herein, which speaks only as of
this date.

Contact:

Digital Cinema Destinations Corp.
Bud Mayo, 908-396-1362
Chairman/CEO
bmayo@digiplexdest.com
or
JCIR – Investor Relations/Corporate Communications
Robert Rinderman or Jennifer Neuman
212-835-8500 or DCIN@jcir.com
 
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