Technicolor Clients Receive Major Wins at 83rd Academy Awards and the 27th Film Independent Spirit Awards

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Concluding the 2010 motion picture award’s season, Technicolor clients sweep awards

Paris (France) & Hollywood (California) – March 3, 2011 – Concluding the 2010 motion picture award’s season, Technicolor (Euronext Paris: TCH; NYSE: TCH) clients sweep most of the major awards bestowed during the 83rd Academy Awards and 27th Film Independent “Spirit Awards” presentations over the weekend, representing the major and independent filmmaking communities.

Sunday’s Academy Awards witnessed major wins by The King’s Speech; Inception; The Social Network; The Fighter; Toy Story 3; Alice in Wonderland, and Black Swan.  The common denominator of these Oscar-winning features was that all were served by Technicolor’s industry-leading production, post-production and digital content- distribution services.

Likewise, representing the best of independently produced theatrical features in 2010, Technicolor clients sweep through the major categories, with director Darren Aronofsky winning for Director, Feature, along with his star, Natalie Portman, winning for Best Female Lead for Black Swan.  The Screenplay category was won by director Lisa Cholodenko, and Stuart Blumberg, for their family drama, The Kids Are All Right.  Other major Spirit Awards were shared by 127 Hours actor James Franco; and Winter’s Bone actors John Hawkes and Dale Dickey.

The two most significant wins for Technicolor’s clients were the Oscar received by cinematographer Wally Pfister, ASC, for his stellar work on Inception, and the Spirit Award for Cinematography won by Matty Libatique, ASC, for his stunning work on Black Swan.  Both Pfister and Libatique are major Technicolor customers who availed themselves of Technicolor’s world-class balanced service offering between film acquisition, digital and laboratory color finishing and mastering.

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About Technicolor
Technicolor is home to industry-leading creative and technology professionals committed to the creation, management and delivery of entertainment content to consumers around the world. Propelled by a culture of innovation and underpinned by a dedicated research organization, the company’s thriving licensing business possesses an extensive intellectual property portfolio focused on imaging and sound technologies. Serving motion picture, television, and other media clients, the company is a leading provider of high-end visual effects, animation, and postproduction services. In support of network service providers and broadcasters globally, Technicolor ranks among the worlds’ leading suppliers of digital content delivery services and home access devices, including set-top boxes and gateways. The company also remains a large physical media service provider, being one of the world’s largest film processors and independent manufacturers and distributors of DVDs and Blu-ray™ discs. Euronext Paris: TCH _ NYSE: TCH _

Press contacts:
Caroline Ponsi – Technicolor, Europe    +33 (1) 41 86 61 11

Season Skuro – Technicolor, U.S.        +1 323 817 6865  

Technicolor Industry Analyst Relations:           

Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s filings with the U.S.Securities and Exchange Commission and its filings with the French Autorité des marchés financiers.