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Technology Stocks : Pixar Animation

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To: Steven W. who wrote (2172)2/4/1999 7:32:00 PM
From: Linda Kaplan  Read Replies (1) of 3261
 
Headline: Pixar Develops 'Pixarvision' Laser Recording System for Film

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David DiFrancesco Wins Academy of Motion Picture Arts and Sciences Award

POINT RICHMOND, Calif., Feb. 4 /PRNewswire/ -- Pixar Animation Studios
(NASDAQ:PIXR) today announced that it has developed a proprietary laser
recording system called PIXARVISION(TM) for converting digital computer data
into images on motion picture film stock with unprecedented quality. The new
system was successfully tested on the 1998 blockbuster animated feature film,
"A Bug's Life," and will be used to produce Pixar's future animated features
including "Toy Story 2," scheduled for release this Thanksgiving.
On February 27, 1999, The Academy of Motion Pictures Arts and Sciences
will present a Scientific and Technical Academy Award to Pixar's David
DiFrancesco for "pioneering efforts in the development of laser film recording
technology."
"It's great to see David recognized for his pioneering work in laser film
recording," said Ed Catmull, Executive Vice President and Chief Technical
Officer. "He recently lead our team of scientists in developing PixarVision,
which uses solid state lasers to record on multiple film formats with more
quality and speed than ever before."
Traditional film recorders use cathode ray tubes (CRTs) to create the
images that expose the filmstock. Laser film recorders substitute lasers for
CRTs, and are significantly more complex, due to the technology required to
aim and control the laser beams. Pixar scientists pioneered laser film
recording in the early 1980s, and Kodak briefly sold a commercial laser film
recorder in the mid-1990s. PixarVision is more advanced than any previous
laser film recorder, and provides the following key benefits over traditional
CRT-based film recorders:

Higher quality color reproduction:
Solid state lasers produce light at precise frequencies, thereby
eliminating the color "crosstalk" inherent in CRT based recorders (where
trying to write just one color undesirably writes other colors too).

Sharper images:
Lasers can expose smaller spots on the film, resulting in sharper, less
grainy images. In addition, lasers are brighter, thus allowing the use of less
sensitive "intermediate" film stocks. This results in less "generation loss"
(the copying from one filmstock to another, which degrades image quality).

Faster recording:
PixarVision records all three colors (red, green, blue) simultaneously,
rather than sequentially, resulting in much faster recording -- 8 seconds per
frame versus around 35 seconds per frame for traditional CRT based systems.

Pixar Animation Studios combines creative and technical artistry to create
original characters and stories in the new medium of three-dimensional
animation. Pixar created and produced the first computer-animated feature film
and has an equal partnership with The Walt Disney Company to finance, produce
and distribute five co-branded computer animated feature films and related
products. Pixar employs approximately 430 people. The company's stock is
traded on the NASDAQ National Market under the symbol PIXR.

SOURCE Pixar Animation Studios
-0- 02/04/99
/CONTACT: Katherine Singson of Pixar Animation Studios, 510-620-6276; or
Blaise Simpson of Niehaus Ryan Wong, Inc., 650-827-7065, for Pixar Animation
Studios/
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