Corbis and TASS Announce Content Distribution Partnership.

Business Editors

SEATTLE--(BUSINESS WIRE)--Jan. 21, 2004

Corbis today announced a new partnership agreement with ITAR-TASS, the state owned Russian News agency. Under the terms of the agreement, Corbis will syndicate imagery for TASS on a worldwide basis, except for in Japan, China, India, Switzerland, Norway, Great Britain and Russia.

In existence since 1904, The Russian News Agency ITAR-TASS is one of the world's largest international information agencies. The successor to the Soviet TASS news agency, it was re-named in 1992, when Russia proclaimed its sovereignty following the collapse of the USSR. TASS operates Russia's largest photo service. This service offers pictures of the latest breaking developments, and maintains a rich photo archive dating back to the beginning of the 20th century.

"Corbis' global reach will give our images exposure that is unparalleled," said Felix Shmaiger, director of ITAR-TASS Photo agency. "Their comprehensive service offering makes them an ideal partner to help share our journalistic vision with clients around the world."

"TASS has the most comprehensive current and historical photographic coverage of eastern Europe," said Paul Arbor, vice president of media partnerships at Corbis. "The addition of their archive to the Corbis offering gives our clients access to the broadest range of current and historical editorial photography."

ITAR-TASS content will be available for licensing on www.corbis.com starting on February 1, 2004.

ABOUT CORBIS(R)

Corbis licenses images that enable publishers, advertising and design agencies, filmmakers, and other creative professionals to tell their stories with impact that goes beyond words. Our contemporary and archival photography, fine art, illustrations, cartoons, and footage are seen around the world every day--differentiating brands, selling products, supporting news stories, and entertaining audiences.

Corbis images can be found and licensed at www.corbis.com. And client advisory services are available around the clock--including subject matter and conceptual research, rights management and clearances, and production expertise.

Corbis is headquartered in Seattle, with offices in New York, Los Angeles, Chicago, London, Paris, Dusseldorf, Vienna, Hong Kong, Kuala Lumpur, and Tokyo.

ABOUT ITAR-TASS

ITAR-TASS Photo Agency is Russia's oldest agency specializing in photo news.

Known as Photochronica TASS for decades, the agency was and remains to be the leader in photo coverage of political, social and cultural life in Russia.

Today ITAR-TASS is making a chronicle of the new epoch in Russian life. ITAR-TASS images are published daily in most of the national press; Photochronica maintains contacts with Russian provinces and partners on the international market. The agency renews its staff with talented young photographers and, at the same time, stays faithful to time-honored traditions.

Photochronica TASS today is an archive containing over one million images plus an efficient real-time photo news service.