Technicolor announced it has signed an agreement with Cine Project, a market-leading distributor and installer of analog and digital cinema equipment, to bring innovative solutions and pricing to the market and ignite the demand for Technicolor 3D in Germany, Austria and Switzerland.

“We’re excited to launch Technicolor 3D in these new markets,” said Joe Berchtold, president of Technicolor’s Creative Services division. “We have a very affordable technology solution that helps to bridge the gap to solve the current shortage of digital 3D screens, and bring 3D to audiences in International markets of all sizes.”

Actor Vinay Pathak and Ranvir Shorey are set to lend their voices to upcoming 3D animation film 'RIO'.

Directed by Carlos Saldanha of 'Ice Age' fame, the Hollywood film is set in the city of Rio de Janeiro and the lush rainforests of Brazil. It revolves around Blu, a rare macaw, who thinks he is the last of his kind.

When Blu discovers a female bird of his kind he leaves the comfort of his cage in small town Minnesota and heads to Rio. The film will be presented by Fox Star Studios.