MTI Film wins Engineering Excellence Award

Control Dailies to be recognized at first annual HPA Awards

Hollywood, CA - October 24, 2006 - MTI Film announces today that it is a recipient of the first Engineering Excellence awards to be given by the Hollywood Post Alliance. MTI Film's CEO Larry Chernoff and VP of Science & Technology, Dr. Kevin Manbeck will accept the award during the HPA Awards Show ceremony to take place November 1, 2006 at the Skirball Center. Upon learning of the news Chernoff stated, "Any time a new concept is introduced that radically alters industry practice, those responsible for its creation fret about peer acceptance. That the community, and particularly the HPA, has recognized the advancement made by Control Dailies to the facilitation of the dailies and editorial process is gratifying and validating,"

MTI Film spent several years developing Control Dailies to assist post facilities in automating and streamlining the dailies process. "Control Dailies is a fully integrated dailies toolset making a complex process efficient and simple, thus improving our workflows and delivering value to our customers," says Bob Solomon, President, Ascent Media Creative Services.

Bill Varley, Vice President of Engineering at Deluxe Postproduction states, "Control Dailies brings the efficiencies of non-linear operation into the telecine suite, replacing the tired and sluggish dailies workflow of the last 20 years."

The HPA Awards recognize the outstanding contributions of post production professionals working behind the scenes in a number of categories, including color grading, audio, visual effects compositing, and editorial for motion pictures, television, and commercials. There are two special awards, the Engineering Excellence Award and the Career Achievement Award. "We are very proud to receive this award and honored to be recognized. We are grateful to all of our customers who have pioneered this technology with us and want to thank each of them for their ongoing support and enthusiasm for Control Dailies; we proudly share this Award for Engineering Excellence with all of them," Linda White Director of Sales and Marketing.

Control Dailies is a PC-based telecine and audio control environment that accelerates the delivery of motion pictures dailies, facilitating faster than real-time image transfer and audio ingest, complete metadata collection, post synchronization in SD and HD resolutions, with output to various deliverables "Control Dailies has been a labor of love from the time it was conceived. I shall value the HPA Award for Engineering Excellence for Control Dailies as a milestone event of my career and consider it sufficient reward for all the hours of work devoted to creating it. The award inspires even greater devotion to continuing its development and success." Dr. Kevin Manbeck, Vice President of Science and Technology.