Waterloo, Ontario, March 23, 2006 - DALSA Corporation (TSX:DSA), an international high performance semiconductor and electronics company, today announced a collaboration with Ascent Media Group (AMG) of Santa Monica, California, one of the world's largest independent post production and content delivery companies. The collaboration will enable reliable, cost effective post production of digital 4K motion picture content originating from the DALSA Origin, the world's first and only commercially available 4K digital cinematography camera.
AMG's Media Management Services will act as a strategic service provider for clients shooting their productions with the 4K Origin camera, offering a complete slate of 4K post production and content delivery services. The collaboration will leverage Ascent's investment in its recently completed 100,000 square foot Digital Media Data Center (DMDC), the industry's largest, most technologically advanced independent digital post-production network and distribution facility. The DMDC features Ascent's highly secure, high bandwidth network, "ProdNET", which can process huge amounts of 4K image data using file-based workflow and parallel processes, as well as share data from multiple international locations. Ascent's system, which can scale to over a petabyte (one thousand terabytes) in storage as demand increases, is designed to dramatically speed up the client's time to market, reduce the risk of piracy, and enhance more profitable revenue streams.
"We're looking forward to applying our 4K post production processes to client projects captured with the Origin camera. We've successfully completed quite a number of tests in just about every aspect of our post production workflow and are now in the final stages of qualification and optimization," said Kevin Sanders, chief technical officer of Media Management Services for Ascent Media Group. "DALSA has been a great company to work with to collaborate on this type of digital technology. Ascent brings to the table knowledge and expertise in production and post production workflows. DALSA brings experience and knowledge in image acquisition of 4K material. Together we've been able to expedite the development of a technology that would normally take much longer to bring to market. Because of the cooperation the two companies have extended each other, we'll end up with a better product and suite of supporting services much faster than either company could have done independently."
"Partnering with one of the world's largest digital post production and content delivery companies will help accelerate the adoption of our Origin camera," said Savvas Chamberlain, CEO of DALSA Corporation. "Ascent's investment in a highly scalable, high bandwidth network means that they/we will be able to support productions, large and small, both here in North America and around the world. Digital 4K post production is clearly entering its next stage of development, in terms of availability, reliability and cost effectiveness. Now that Origin cameras are being used successfully in the field and DALSA is gaining strong brand recognition in the industry, this is a particularly exciting new positive inflection point for us."
About the DALSA Origin Cinematography Camera
Designed for cinematographers with 35mm cine lenses and a through-the-lens reflex viewfinder, DALSA's award winning Origin camera delivers the optical performance professionals demand. Origin is the world's first and only commercially available digital camera to combine industry leading 4K output with the widest possible exposure latitude for the highest quality motion picture production. The Origin camera is available for rental through the DALSA Digital Cinema Center in Woodland Hills, California. For more information, visit www.dalsa.com/dc.
About Ascent Media Group
Santa Monica, California-based Ascent Media Group, is a wholly-owned subsidiary of Discovery Holding Company (NASDAQ: DISCA, DISCB), which through its Creative Services, Media Management Services and Networks Services groups, provides creative and technical media services to the media and entertainment industries. Throughout more than 74 facilities in the regions of Southern California, New York, Atlanta, London, Mexico and Singapore, and at locations throughout the world, Ascent Media provides effective solutions for the creation, management and distribution of content to major motion picture studios, independent producers, broadcast networks, cable channels, advertising agencies and other companies that produce, own and/or distribute entertainment, news, sports, corporate, educational, industrial and advertising content. More information about Ascent Media Group is available at www.ascentmedia.com.
About DALSA Corporation
DALSA is an international high performance semiconductor and electronics company that designs, develops, manufactures, and markets digital imaging products and solutions, in addition to providing semiconductor products and services. DALSA's core competencies are in specialized integrated circuit and electronics technology, software, and highly engineered semiconductor wafer processing. Products and services include image sensor components; electronic digital cameras; vision processors; image processing software; and semiconductor wafer foundry services for use in MEMS, high-voltage semiconductors, image sensors and mixed-signal CMOS chips. DALSA is listed on the Toronto Stock Exchange under the symbol "DSA". The Company has its corporate offices in Waterloo, ON and approximately 1000 employees world-wide.
For more information, please contact:
Director, Corporate Communications
Tel: (519) 886-6001 Ext. 2177
Fax: (519) 886-3972
E-mail: [email protected]
This press release contains forward looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements are detailed from time to time in DALSA's periodic reports filed with the Ontario Securities Commission and other regulatory authorities. DALSA has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Ascent's Media Management Services will act as a strategic service provider for clients shooting their productions with the 4K Origin camera, offering a complete slate of 4K post production and content delivery services.