Academy Award® Winning Visual Effects House Integrates IRIDAS' FrameCycler throughout its Production Pipeline

MUNICH, GERMANY‹July 24, 2003‹IRIDAS, the world-renowned developer and the distributor of FrameCycler uncompressed playback technology, announced today that FrameCycler Professional is being integrated throughout Digital Domain's massive digital production pipeline and, specifically, into Digital Domain's Academy Award® winning NUKE compositing software.

"We are delighted to collaborate with Digital Domain on this exciting project," said Lin Sebastian Kayser, IRIDAS CEO. "FrameCycler was designed from the ground up to be a tightly integrated component of digital postproduction workflow and we see NUKE as a perfect fit for our technology."

"FrameCycler Professional provides a significant boost throughout our entire digital production pipeline," said Michael Taylor, Digital Domain's VP of the Digital Studio. "With this partnership our industry leading NUKE compositing software will now have the power of the world's leading playback technology. It is a great opportunity for us to significantly enhance our capabilities is this area."

NUKE has been used on every feature film and many of the commercials on which Digital Domain has worked, including True Lies, Apollo 13, Titanic, What Dreams May Come, A Beautiful Mind, xXx, and the upcoming release The Day After Tomorrow. NUKE is also the flagship product for Digital Domain's software subsidiary, D2 Software, Inc.

"We continue to enhance the capabilities of the NUKE compositing software package, both through our own production influenced development needs and through partnerships with industry leading third party developers such as IRIDAS. Integrating FrameCycler Professional into NUKE exemplifies this commitment to creating an elite production product" stated Brad Call, President of D2 Software and Digital Domain.

About Digital Domain and D2 Software

With its cutting-edge production pipeline, Digital Domain has established a world-class reputation for innovation and artistry, having received two Academy Awards® for What Dreams May Come and Titanic (the highest-grossing film in motion picture history), as well as two Technical Achievement Academy Awards® for proprietary software, including an award for NUKE. Over the last 10 years, the company's feature film division has produced visual effects for films that have generated over $4 billion dollars in worldwide box office receipts. In addition, the company's commercial division is widely considered the premiere visual effects studio in the advertising industry and has been awarded fourteen CLIO Awards, BAFTA Awards, numerous Gold Lions and a Grand Prix award from the Cannes International Advertising Festival, MTV Music Video Awards and a Grammy for Best Music Video.

D2 Software, Inc., a subsidiary of Digital Domain, Inc., is dedicated to providing the high-end visual effects community with the most creative and technically advanced software solutions in the industry. Building on Digital Domain's excellence in the field of visual effects, D2 Software has one simple company mandate‹continued visionary software development. Starting with Digital Domain's flagship compositing product NUKE, D2 Software will begin to make other production proven tools available in the near future.

For more information about D2 Software, visit the company's web site at www.d2software.com.


About IRIDAS and FrameCycler

IRIDAS is a leading innovator of high-performance digital media playback solutions for the film, broadcast and digital content creation industries. It delivers products and services that address the full spectrum of uncompressed playback needs ranging from straightforward review of frame sequences, to advanced stereoscopic digital projection with multi-channel sound. Its FrameCycler and other playback products are used by major animation and postproduction houses around the world. IRIDAS was founded in 2000 and is an independent, privately held company headquartered in Munich, Germany.

For more information about IRIDAS, visit the company's web site at www.iridas.com.

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Copyright © 2003 IRIDAS, Inc./Digital Domain, Inc. All rights reserved. IRIDAS and FrameCycler are registered trademarks of IRIDAS, Germany. Digital Domain, D2 Software and NUKE are registered trademarks or trademarks of Digital Domain, Inc. and its related entities. All other company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated. Features, pricing, availability and specifications are subject to change without notice.


For further information, contact:

Lin Sebastian Kayser
IRIDAS
+49 89 330 40982
lin.kayser@iridas.com

Bob Kilduff
D2 SOFTWARE, INC.
(310) 314-2956
bkilduff@d2.com