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Microspace Digital Cinema Pilot Program Continues Successful Run with Satellite Delivery of DreamWorks’ Shark Tale


Raleigh, NC (Oct. 4, 2004) – Microspace Communications Corporation (Microspace), the leading provider of point-to-multipoint satellite services, today announced the successful delivery of the DreamWorks LLC movie, Shark Tale, via its VELOCITY® satellite solution to select digitally-equipped movie theatres in North America. The announcement represents the third such agreement this year between the companies as part of Microspace’s continuing digital cinema pilot program, which debuted with the May and August distributions of Shrek 2 and Collateral, respectively.

“Our previous experience in collaborating with Microspace made the Shark Tale project even more successful than those before and further validates our own ongoing goal to provide top-flight entertainment via the industry’s state-of-the-art technology,” said Pat Marshall, vice president of communications and specialty marketing for Cineplex Galaxy LP, owners of Galaxy Cinemas. The company’s theatres in Waterloo and Cambridge, Ontario, jointly participated in both the Shark Tale and Collateral programs along with Famous Players in Vaughan, Ontario.

VELOCITY, Microspace’s high-speed video, data and audio broadcasting service, provides an optimum solution for businesses requiring economical and reliable content delivery from one to multiple locations. Compared to terrestrial solutions, VELOCITY is quicker, easier and less expensive to implement.

“VELOCITY has repeatedly demonstrated its market-readiness for large-scale distribution of digital cinema and related in-theatre content,” said Sam Matheny, manager of digital cinema development for Microspace. “We look forward to working closely with DreamWorks and additional distributors to further leverage this exciting technology.”

About Microspace
Organizations that distribute video, audio and data content cost effectively and efficiently rely on Microspace Communications Corporation, the operator of the largest business satellite broadcasting network in the world and the leading provider of point-to-multipoint satellite services. Microspace’s VELOCITY® satellite service enables affordable, reliable and secure distribution for a broad range of applications such as business television, distance learning, video on demand transport and storage, datacasting, and IP multicasting. Offered through an innovative pricing model, VELOCITY is available as a dedicated solution or as on-demand services, allowing a company to simply and affordably expand its bandwidth as needed. Microspace’s commercial customers include Muzak, Morgan Stanley, John Deere, LodgeNet and WSI Corporation. It also enables companies to serve the needs of government agencies such as the EPA, INS, FEMA, FBI and FAA.

Founded in 1988, Microspace is a privately-held company with headquarters in the U.S., a presence in Europe, and is a subsidiary of Capitol Broadcasting Company, founded in 1937. For more information, visit www.microspace.com.

About DreamWorks
Steven Spielberg, Jeffrey Katzenberg and David Geffen launched DreamWorks SKG in October 1994. Their vision was to create an artist-friendly studio to develop, produce and distribute superior film and television entertainment that would inspire and delight audiences worldwide. DreamWorks SKG is now a leading producer of live-action motion pictures, animated feature films, network, and cable television programming, home video and DVD entertainment and consumer products.

About Cineplex Galaxy LP
Cineplex Galaxy LP is a leading exhibitor of motion pictures in the entertainment industry. Headquartered in Toronto, Canada, Cineplex Galaxy LP currently operates 84 theatres with a total of 758 screens in 6 provinces across Canada. Cineplex Odeon Cinemas, Galaxy Cinemas and the associated brands are owned and operated by Cineplex Galaxy LP. There are 63 Cineplex Odeon Cinemas located in the major urban centres and 21 Galaxy Cinemas featured in mid-size markets. Proudly Canadian, Cineplex Galaxy LP is a public company traded on the Toronto Stock Exchange under Cineplex Galaxy Income Fund (symbol CGX.UN).

 

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