SOURCE: Hollywood Intermediate

May 22, 2006 16:01 ET

Hollywood Intermediate Announces HD Preview Mastering Service From Digital Intermediate Technology

DI Company Offers High Quality High Definition Preview Masters Extracted From Digital Intermediate Data Files

GLENDALE, CA -- (MARKET WIRE) -- May 22, 2006 -- Hollywood Intermediate, Inc. (PINKSHEETS: HYWI), a provider of digital intermediate film mastering services, announced today High Definition preview masters as part of its normal digital intermediate service offerings and workflow.

"Typically, in current post-production workflow, HD dailies masters are edited into high quality preview masters including color timing, dirt removal, opticals and visual effects," said David Waters, Hollywood Intermediate president. "Unfortunately, none of these processes translate to the theatrical release of the film as they must all be duplicated or repeated in either a higher resolution digital format, or photo chemical process."

Hollywood Intermediate gives Motion Picture producers the ability to scan their selected original camera negative at 2k or 4k film resolution, conform a high resolution digital master for theatrical and broadcast release including dirt removal, opticals and visual effects, and output a High Definition preview master to be used for preview screenings and focus groups that can be deployed in any worldwide theater location.

High Definition Masters can be delivered as either a normal High Definition D5 master, or in DCI (Digital Cinema Initiatives) compliant XYZ color space. Typically, once the preview screening and focus group process is complete, Hollywood Intermediate quickly and efficiently applies any final editorial changes to the film including additions and deletions, and outputs the final theatrical film master as well as all High Definition and Standard Definition Broadcast Masters plus a Digital Cinema Master if necessary. Hollywood Intermediate's process can also eliminate the costs associated with the transfer of film dailies to High Definition for electronic editing.

Most recently, Hollywood Intermediate has used this process on the motion picture dramas, "Journey to the End of the Night," starring Brendan Fraser and Scott Glenn, and "The Sensation of Sight" starring Academy Award Best Actor Nominee David Strathairn.

"The challenge for completing the final editorial decisions on a motion picture are balanced between the ability to display the highest resolution picture for a test audience, and the costs and time in having to re-master your film based on a test audience response," said Jim Delany, Hollywood Intermediate COO.

"Hollywood Intermediate offers a flexible alternative to traditional photochemical and video post-production processes for film mastering and preview screenings eliminating cost and time redundancies," said Waters. "We expect our HD preview screening master services to provide crucial workflow efficiencies helping Hollywood Intermediate achieve market growth in the current digital intermediate and high definition marketplace."

About Hollywood Intermediate

Hollywood Intermediate provides a proprietary technology of Digital Intermediate services to feature filmmakers for post-production for film mastering and restoration. This technology gives the filmmakers total creative control over the look of their productions. Whether shooting on film or acquiring in HD or SD video, Hollywood Intermediate puts a powerful cluster of digital tools at the director's disposal to achieve stunning results on the big screen. Matchframe Digital Intermediate, a division of Hollywood Intermediate, Inc., packages a full array of post-production services with negative handling expertise and cost-effective 2K digital intermediate and 35mm film out systems. The Digital Intermediate process eliminates current post-production redundancies by creating a single high-resolution master file from which all versions can be made, including all theatrical and High Definition formats. By creating a single master file with resolution higher than the current High Definition broadcast standards, the DI master file enables cinema and television distributors to extract and archive all current and future cinema and television formats including Digital Cinema, Television and High Definition.

Disclaimer Regarding Forward-Looking Statements: This announcement may contain certain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated. Forward-looking statements speak only as of the date the statement was made. The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. If the Company does update any forward-looking statement, no inference should be drawn that the Company will make additional updates with respect to that statement or any other forward-looking statements.

Contact Information

  • Contact:
    David Waters
    CEO
    1807 1/2 S. Victory Blvd.
    Glendale, California 91201
    Tel: 818-240-6404
    Email Contact