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Microcap & Penny Stocks : LASERPACIFIC (lpac)

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To: Raymund W who wrote (64)11/1/1998 7:38:00 PM
From: Raymund W  Read Replies (2) of 542
 
Looks like LPAC has been busy! HDTV will be huge (someday), and LPAC is there already...

LaserPacific's High Definition Lab Helps Launch HDTV

Business Wire - November 01, 1998 03:07

HOLLYWOOD, Calif.--(BUSINESS WIRE)--Nov. 1, 1998--Industry post production leader LaserPacific
Media Corp. (Nasdaq:LPAC) is playing a key role in this week's historic launch of Digital High Definition
Television.

The High Definition Lab at LaserPacific has been busy with projects for studios, networks and producers who
are among the first to provide content for HDTV broadcasts.

Emory Cohen, president of LaserPacific, announced another first in the company's long history of technology
innovation. LaserPacific is providing post production services on an episode of a primetime series to be
broadcast in the new High Definition format.

"On November 18, 'Chicago Hope' will become the first-ever telecast of an episode of a primetime series in
digital HDTV. It is a great honor to be part of that first glimpse of the future," said Cohen. "It's a big step in the
evolution of television."

Jim Hart, producer of "Chicago Hope," said that at "LaserPacific, we experienced a seamless integration of the
High Definition process into our normal episodic process."

"We are committed to not only providing the industry with innovative cutting-edge services, but to also make it
easy for our customers to take advantage of technology like High Definition," stated Leon Silverman,
LaserPacific executive vice president. "Our goal is to make High Definition a practical reality in the production
community as consumers and broadcasters make the transition to digital broadcast technology."

"Chicago Hope" is one of several high definition projects finished at LaserPacific over the last few weeks.
LaserPacific has been assisting the ABC Television network with its ambitious plan to offer theatrical motion
pictures presented in high definition. High Definition film transfer services have been completed for Paramount's
"Mission Impossible" and "Home For The Holidays," and for MGM's "The Birdcage," among others.

The first episodes of the Discovery Channel series "Wild Asia" were recently completed at LaserPacific's High
Definition Lab. Shot on location in the rain forests and jungles of Asia, "Wild Asia" features wildlife and nature
footage which is rendered in amazing and exquisite detail in High Definition.

LaserPacific has also just completed a project for DirecTV, as the El Segundo, Calif., company launches its
national High Definition Satellite Service. DirecTV will beam a high definition satellite signal to retailers
throughout the country to show consumers the remarkable High Definition image that DirecTV will deliver.

Nov. 6 will mark one of the largest, most dramatic product launches for Japanese auto maker Toyota. On that
day, huge high definition screens will be set up in Toyota City in Japan for a special event introducing the new
Toyota product line. LaserPacific provided High Definition editing and graphics post production services for
the event for Teleproductions Mobile of Toronto.

LaserPacific is providing New Line Cinema High Definition Feature Film Transfer and Mastering Services for
their box office hits "Blade," "Rush Hour" and "Pleasantville." LaserPacific will subsequently provide complete
DVD Digital Encoding and Services on these titles.

Cohen summed up LaserPacific's early involvement with high definition: "For years, we have dedicated
ourselves to making the possible become practical. We want to continue to be leaders in helping our industry
take a new format into a new century."

LaserPacific Media is one of the most diversified and technically advanced media laboratories in the world.
LaserPacific is a leading supplier of motion picture film processing, digital and high definition post production
services, MPEG digital compression and DVD design and authoring.

The company's facilities are located in Hollywood and Burbank, Calif. LaserPacific has headquarters at 809
North Cahuenga Blvd., Hollywood, Calif. 90038. Tel: 323/462-6266, Facsimile: 323/464-3233.

CONTACT: LaserPacific Media Corp., Hollywood
Christine Purse, 323/462-6266, ext. 2128



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