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Lucasfilm Ltd. Announces Creation of Lucasfilm Animation Singapore.

SINGAPORE -- Lucasfilm Ltd. today announced that it has established Lucasfilm Animation Singapore, a digital animation studio designed to produce digital animated content, including films, television and games for global audiences.

"I've been a fan of Asian animation and illustration all my life. Asian cinema has had a particularly big impact on a lot of my work. When we began thinking about developing new ways to explore the craft of animation, it seemed a natural step to combine the two," commented George Lucas. "By having a base in Singapore, we can create a new style of animation that will blend east and west -- and offer something not seen before."

"We're excited about this new venture," commented Micheline Chau, President and COO of Lucasfilm Ltd., who was in Singapore for the announcement. "Singapore was our location of choice for so many reasons -- a growing talent base, the cosmopolitan flavor, and its attractiveness as a place to live. Our long-term partnership with the Economic Development Board (EDB) gives us the resources to begin work almost immediately, working in concert with our animation unit in California."

Lucasfilm has joined with a consortium of investors in Singapore, including EDB Investments Pte Ltd. and Creative Technology Ltd. The Singapore-based creative team will be led by Gail Currey, Vice President and General Manager of Lucasfilm Animation.

Teo Ming Kian, Chairman EDB said, "This is a capstone for Singapore's digital media industry. We already have an established base of 17 international cable and satellite broadcasters, a burgeoning TV production sector as well as games development. This new studio will not only provide exceptional career opportunities for local animators and people keen in the creative arts, it will also attract top talent from the world over to live and work in Singapore. It will help us further diversify our economy and provide opportunities for our people with different interests and competencies."

About Lucasfilm Ltd.

Lucasfilm Ltd. is one of the world's leading film and entertainment companies. Founded by George Lucas in 1971, it is a privately held, fully integrated entertainment company. In addition to its motion-picture and television production operations, the company's global activities include Industrial Light & Magic and Skywalker Sound, serving the digital needs of the entertainment industry for visual-effects and audio post-production; LucasArts, a leading developer and publisher of interactive entertainment software worldwide for video game console systems and PC; and Lucas Licensing, which manages the global merchandising activities for Lucasfilm's entertainment properties. Additionally, Lucas Online creates Internet-based content for Lucasfilm's entertainment properties and businesses. Lucasfilm's motion-picture productions include five of the 20 biggest box-office hits of all time and have received 19 Oscars and 59 Academy Award nominations. Lucasfilm's television projects have won 12 Emmy Awards. Lucasfilm Ltd. is headquartered in Marin County, Calif.

About Economic Development Board (EDB)

Established in 1961, the Economic Development Board (EDB) is the lead government agency responsible for the formulation and implementation of economic development strategies that will develop Singapore into a compelling global hub for business and investment across manufacturing and internationally traded services. For the Infocomms and Media industry, EDB's mission is to develop Singapore into a global hub in Asia for the digital economy where companies can create, develop and deliver content and innovative services for the global market. The EDB has been attracting leading global companies here while developing Singapore's capabilities in the key areas of electronic commerce, Internet services, media and digital entertainment, telecommunications and specialist information publishing.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 3, 2004
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