Gener8 Wins Prestigious 3D Technology Award

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Gener8's unique 3D conversion technology recognized for outstanding international achievement in 3D & Advanced Imaging innovation and impact by the International 3D & Advanced Imaging Society

VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / September 24, 2014 / Gener8 Media Corp. GNR ("Gener8" or the "Company") is pleased to announce that it has earned the prestigious Technology & New Product Award from the International 3D & Advanced Imaging Society for the company's unique 3D conversion technology, G83D. The Gener8 executive team will be accepting the award at the 5th Annual Technology and New Product Awards, taking place today at the Paramount Pictures Studio in Hollywood, CA.

Gener8's unique technology solution has earned the Company a top-tier client roster that includes some of Hollywood's biggest studios: Warner Bros. Entertainment, 20th Century Fox, Columbia Pictures Industries, Legendary Entertainment, Marvel Studios, Sony Pictures Entertainment and multiple high-profile credits including Godzilla, Maleficent, 300: Rise of an Empire , Iron Man 3, and The Amazing Spider- Man.

"Gener8's proprietary technology, G83D, makes creating 3D digital entertainment more flexible and realistic and delivers an immersive and entertaining experience for moviegoers," said Rory Armes, Gener8 CEO. "We are honoured that our technology and the efforts of our amazing staff have been recognized by the 3D & Advanced Imaging Society."

Every year, the International 3D & Advanced Imaging Society recognizes outstanding member achievement in the 3D Creative Arts and Technologies at its top-tier 3D Awards event. The Technology & New Product Awards recognizes outstanding international achievement in 3D & Advanced Imaging innovation, focusing on new technologies and products in the marketplace that are driving the industry forward.

About The International 3D & Advanced Imaging Society

The International 3D & Advanced Imaging Society was founded by our industry's creative stakeholders, including The Walt Disney Studios Motion Pictures, DreamWorks Animation (DWA), Sony, Paramount, IMAX, Dolby, Panasonic, MasterImage and others to advance the creative arts and sciences of stereoscopic 3D and 4K. With chapters in the U.S., China, Japan, Canada, the E.U. and the U.K., the organization has more than 1,800 professional members in over 20 countries active in improving the arts and technologies of 3D & Advanced Imaging, including High Dynamic Range, 4K/Ultra High Def and more. The organization hosts professional education seminars and awards throughout the world.

About Gener8

Gener8 Media Corp. is a media technology company led by a team of gaming industry veterans. At the forefront of postproduction, the Company earned its stripes by developing a proprietary 3D conversion technology, garnering high-profile credits including "Godzilla", "Maleficent", and "300: Rise of an Empire". Gener8 has since expanded into offering visual effects services and a cloud-based data management and analytics solution called Cumul8. With its focus on developing disruptive solutions that combine design and technology, Gener8 funded and then acquired a majority interest in Reelhouse Media Ltd., an online entertainment distribution start-up. Gener8's head office is located in Vancouver, British Columbia and currently has over 200 employees. Visit the company website at www.gener8.com.

ON BEHALF OF THE BOARD OF THE COMPANY

"Rory Armes"
Rory Armes
Chief Executive Officer and Director

FOR MORE INFORMATION, PLEASE CONTACT:

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Danielle Rockel
Vice President of Corporate Affairs
Danielle@gener8.com
604-669-8885

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Gener8 believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, risks with respect to: general economic conditions in Canada and globally; film industry conditions; competition for, among other things, capital and skilled personnel; changes in economic and market conditions that could lead to reduced spending on 3D film conversion; potential delays or changes in plans with respect to deployment of services or capital expenditures; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; amount and timing of operating costs and capital expenditures; the ability of the Company to obtain operating capital when needed, the success of certain business combinations engaged in by the Company or by its competitors; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Company's competition; the Company's failure to adequately protect its intellectual property; interruption or failure of information technology systems; and business, legal and/or regulatory risks relating to Gener8's business, financings and strategic acquisitions. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

 

SOURCE: Gener8 Media Corp. 

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