MTI Film names Larry Chernoff CEO

Hollywood, CA - November 29, 2005 - MTI Film, announces that Larry Chernoff will be its Chief Executive Officer. Chernoff has over three decades in the post production industry and is the logical choice to head up the top supplier of entertainment software solutions.

"We are absolutely delighted with his new role as CEO," states MTI Film's Founder and Chairman, Don McClure. "Larry Chernoff has made important contributions to MTI Film as a member of our Board since 2003 and as a friend and industry associate for many years. I look forward to an exciting future."

Chernoff, a native New Yorker began his career over thirty years ago as a film editor in New York. In the 1980's he founded several post production companies on the west coast. These facilities, Encore, R!OT, and FilmCore (LA/SF) are leaders in TV, Film and commercial post. After building these successful companies he sold them to Liberty Media and they are now a part of Ascent Media Creative Services. Chernoff, now former President of AMCS, will successfully continue at MTI Film as their new top executive.

"In my professional career I have been associated with some of the best engineering this industry has to offer. In my experience, I believe that MTI has the finest scientific minds at work in image processing as it relates to data-centric post production. It is this class of engineering science that has led me to conclude that the motion picture industry has and will continue to greatly benefit from the efforts of the team assembled at MTI. It is my ardent hope that my practical experience will be of consequence in leading the company to create additional products that directly impact the ability of facilities dedicated to DI creation and film restoration to render services on a level that the industry demands and needs,"states Chernoff. "The board's expression of confidence in- my ability to lead MTI in this next phase of growth is both humbling and invigorating. I look forward to every aspect of this challenge."

Stuart Geman, Chief Scientific Officer and also Founder of MTI Film, adds "Larry has everything we are looking for: he is smart, decisive and has a stellar track record in the industry. With the best technology and now the best leadership, it would be awfully hard to hide our enthusiasm."