[ FOR IMMEDIATE RELEASE ]

IMAGICA HSR FILM RECORDER INSTALLED AT HOLLYWOOD INTERMEDIATE

Los Angeles-Based DI Facility Adopts IMAGER HSR Film Recorder for Film Projects

Los Angeles, CA (April 9, 2008)-IMAGICA Technologies Corp., the engineering solutions division company of IMAGICA Robot Holdings, Inc., announced today that post facility Hollywood Intermediate has purchased and installed the company's IMAGER HSR Film Recorder for use on independent film projects.

Hollywood Intermediate is a provider of digital intermediate film mastering services serving the worldwide motion picture industry. The facility has recorded nine projects on the IMAGER HSR Film Recorder to date, including "Rambo," "Waiting in Beijing" and "War, Inc." Upcoming projects include the forthcoming Jessica Simpson movie, "Major Movie Star," "Balls Out: The Gary Houseman Story" and "Alone in the Dark 2."

"At Hollywood Intermediate we typically work on 25-30 films a year," said Sarah Priestnall, Vice President of Operations for Hollywood Intermediate. "The IMAGER HSR Film Recorder provides an enormous advantage. With our other equipment it would take about 24 hours to film out one reel of negative. The HSR takes about three hours, which means we can film out an entire movie within 24 hours if we have to."

Only two days after installation of the IMAGER HSR Film Recorder, Hollywood Intermediate was able to complete its first project, "Rambo," on a very tight schedule. "On this type of project, where color grading and VFX changes are taking place right up to the last minute, having the HSR means that we can make deadlines because we can film out so quickly," Priestnall explained. "But it's not just about the speed and turnaround time, it's about the quality of the picture as well, and we're very happy with that."

The IMAGER HSR film recorder, built on pioneering imaging technology licensed from Eastman Kodak Company, delivers high speed and high quality for the final, typically time-crunched phase of DI: recording projects back to film. The system can record three frames per second in 2K resolution, up to six times faster than current laser film recorders operating at 2K.

The IMAGER HSR combines a newly developed optical engine with JVC's D-ILA LCOS imaging device and LED illumination to record motion picture data to intermediate film stock. Well suited for DI, VFX, and video transfer work, the IMAGER HSR supports several common file formats including Cineon / DPX, TIFF, SGI (RGB), and YUV. It also features optional support for HD (1920 x 1080) and 2k in Academy imaging modes.

About Hollywood Intermediate
Hollywood Intermediate provides Digital Intermediate services to feature filmmakers in a boutique environment. Whether shooting on film or acquiring in HD or digital format, Hollywood Intermediate puts a powerful cluster of digital tools at the director's disposal to achieve stunning results on the big screen. 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 film, digital cinema and high definition video. Headquartered in Burbank, California, Hollywood Intermediate also has a grading bay on the Westside through its partnership with Wildfire Post Production Sound Studios. For more information, visit www.hwdintermediate.com.

About IMAGICA Technologies Corp.
IMAGICA Technologies Corp. (ITC) is a division of IMAGICA Robot Holdings, Inc., one of the largest entertainment technology companies in Japan. ITC provides front and back-end digital imaging solutions for feature film with the Imager XE and HSX Film Scanners and the HSR Film Recorder, as well as a line of software products which includes the industry-leading Primatte keying technology for blue and green screen removal, and the O-gi image processing plug-in package for Autodesk Inferno, Flame, Flint, Fire and Smoke platforms. Headquartered in Tokyo, Japan, ITC also maintains a sales and support office in Los Angeles, California. For more information, please visit http://www.imagica-technologies.com/ or call +81-3-3238-2677.

Media Contacts:

Yukiko Ozaki, IMAGICA Technologies Corp. +81-3-3238-2677, Ozaki.Yukiko@imagica.jp

Richard Antley, IMAGICA Corp. of America (310) 277-1790, RAntley@imagica-la.com

Karen Raz, Raz Public Relations (310) 450-1482, Karen@razpr.com

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