Printer Friendly

CST ENTERTAINMENT IMAGING INC. COMMENCES FRENCH JOINT VENTURE

 CST ENTERTAINMENT IMAGING INC. COMMENCES FRENCH JOINT VENTURE
 LOS ANGELES, Aug. 3 /PRNewswire/ -- CST Entertainment Imaging Inc. (AMEX: CLR) today announced the successful completion of its negotiations with Tectis and Interactive Technologies Corp. for the establishment of CST Interactive, a joint venture for the sales and marketing of its colorizing process in Europe. In addition, the company also announced the opening in France of its first foreign colorizing facility, which will do all of the pre-production and post-production on foreign black-and-white feature films. The actual production and color conversion will take place at CST's Los Angeles facilities.
 Tectis is one of Europe's foremost film and video service companies whose clients include many of the owners of large black- and-white film libraries. Interactive Technologies Corp. is a company, which acquired the license to market CST's process in Europe.
 Jean Yves Beugin, Tectis' director of special projects, has been appointed director general and will supervise the overall operations of the joint venture.
 The new colorization facility, located just outside Paris at Tectis' state-of-the-art headquarters, under the terms of the contract recently signed with France's major distributor and library owner, UGC/Robur, will immediately begin the color conversion of the French film "Le Passe Muraille." Several other European studios have committed films to the operation.
 CST's chairman and chief executive office, Gerald Shefsky, stated that, "With the establishment of this joint venture and the opening of Europe's first color conversion facility, CST is now in the position to better serve its European clients and therefore generate additional revenues from the expanding international market."
 -0- 8/3/92
 /CONTACT: Gerald Shefsky, chairman and CEO of CST Entertainment Imaging, 310-417-3444; or Donald Reynolds of Donald Reynolds Associates, 310-275-9024, for CST Entertainment Imaging/
 (CLR) CO: CST Entertainment Imaging Inc.; Tectis;
 Interactive Technologies Corp. ST: California IN: ENT SU: JVN


KJ-EH -- LA007 -- 5992 08/03/92 09:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 3, 1992
Words:312
Previous Article:THE RIVAL CO. REPORTS INCREASE IN EARNINGS
Next Article:STORAGETEK SIGNS MULTI-MILLION DOLLAR AGREEMENT WITH AT&T
Topics:


Related Articles
COLOR SYSTEMS TECHNOLOGY CHANGES NAME TO CST ENTERTAINMENT IMAGING INC.
CST ENTERTAINMENT IMAGING INC. REPORTS FOURTH QUARTER AND YEAR END RESULTS
CST ENTERTAINMENT REPORTS AGREEMENT IN PRINCIPAL WITH MAJOR STUDIO
CST ENTERTAINMENT IMAGING INC. NAMES PRESIDENT OF COMPUTOONS DIVISION
CST ENTERTAINMENT IMAGING INC. REPORTS THIRD QUARTER RESULTS; RETURN TO PROFITABILITY
CST ENTERTAINMENT RECEIVES ADDITIONAL CONTRACT FROM KING WORLD TO COLORIZE REMAINING EPISODES OF 'THE LITTLE RASCALS'
CST ENTERTAINMENT IMAGING INC. REPORTS FOURTH QUARTER/YEAR END RESULTS
CST ENTERTAINMENT IMAGING INC. EXPECTS $1.8 MILLION IN FIRST QUARTER REVENUES
CST ENTERTAINMENT INC. TO COLORIZE LOONEY TUNES FOR WARNER BROS.
CST ENTERTAINMENT INC. ANNOUNCES FEATURIZATION DEAL WITH NBC

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters