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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)

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To: Sleeperz who wrote (134)8/12/1997 10:42:00 AM
From: D.E. Shetland   of 459
 
MAINFRAME ENTERTAINMENT, INC. APPOINTS NEW CHIEF FINANCIAL OFFICER

VANCOUVER, Aug 12 /CNW/ - Brett Gannon has joined Canadian computer animation firm Mainframe Entertainment, Inc. as the company's new Chief Financial Officer, Mainframe President and CEO Christopher Brough announced today.
Mr. Gannon will be responsible for all financial operations of the
company including investor relations and public reporting. Over the past ten years Mr. Gannon has been the Chief Financial Officer for a number of publicly traded Canadian companies which operated in several sectors including distribution, manufacturing and research and development, including Kimpex International and Bionaire, Inc. This is Mr. Gannon's first posting in Vancouver.
``Mainframe is well-recognized as an industry leader in the computer animation field,'' said Gannon. ``I'm very pleased to be joining the company at this most exciting point in its unprecedented evolution in cyber-entertainment.''
Mainframe Entertainment, Inc., a world leader in 3D computer animation, produces state-of-the-art animation for television, motion pictures, interactive media and motion rides from its digital studio in Vancouver. Mainframe's staff has grown to over 200 since the company's start in 1993. The company produces the award-winning TV series ReBoot(TM), which was the first ever 100 per cent computer animated television series, now in its third season of production. Mainframe also produces the highly rated Beast Wars(TM) -- Transformers(TM), the company's second all CGI production, now in its second season. Both programs are seen in over 60 countries around the world.
Additionally, Mainframe is producing two films, based on the ReBoot(TM) series, in conjunction with the IMAX(R) Ridefilm(TM) motion simulation system, due for worldwide release in Fall 1997 and early 1998. Mainframe and Electronic Arts, a world leader in the development of computer games, are producing a computer game based on the ReBoot(TM) property. Entitled ``Countdown to Chaos,'' the game features real-time animation produced at Mainframe. The game debuted at the E3 trade show and convention this summer in Atlanta, and will be released worldwide in the Fall of this year.
Mainframe also develops and owns a number of proprietary software
programs that enhance and accelerate animation production processes, and manages a highly successful merchandising and licensing program based on its properties.
Mainframe Entertainment Inc. is publicly traded on The Toronto Stock Exchange under the trading symbol MFE.
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For further information: Mairi Welman (604) 681-3595
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