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CINAR Responds to Allegations in the Media.


MONTREAL--(BUSINESS WIRE)--Oct. 15, 1999--

(Nasdaq:CINR CINR Carrier to Interference-plus-Noise Ratio ) (ME:CIF (1) (Common Intermediate Format) A standard video format used in videoconferencing. CIF formats are defined by their resolution, and standards both above and below the original resolution have been established. The original CIF is also known as Full CIF (FCIF). .A.) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:CIF.A.) (TSE:CIF.B.) (ME:CIF.B.) Following reports by certain media that the Montreal police is investigating alleged irregularities involving CINAR Corporation (Nasdaq: CINR; Toronto and Montreal: CIF.A, CIF.B), Ms. Micheline Charest Micheline Charest (1953 - April 14 2004) was a successful television producer and founder (and former co-chair) of the Cinar (now Cookie Jar Entertainment) television company. , its chairman and co-chief executive officer, indicates that the allegations are being seriously examined by CINAR management and its legal counsel.

"We have always collaborated with the responsible authorities and it is our intention to continue our collaboration," declared Ms. Charest.

CINAR Corporation is an integrated entertainment and education company involved in the development, production, post-production and worldwide distribution of more than 1,500 half-hours of non-violent, quality programming and educational products for children and families. CINAR's original productions include: the Emmy Award winning ARTHUR(TM), Are You Afraid of the Dark?(TM), Wimzie's House(TM) and Lassie Lassie

canine star of popular film and TV series. [TV: Terrace, II, 13–15; Radio: Buxton, 135]

See : Dogs
(TM), as well as mini-series and family films, which are seen in over 150 countries. Through CINAR's diverse programming, its licensing and merchandising of entertainment related products and its array of supplemental educational products, the Company intends to appeal to children worldwide, throughout their entire day.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 18, 1999
Words:192
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