Telecine Manufacturer ITK Closes

Delphine Durrant, principal in Hertford, England-based Innovation TKLtd., posted the following message to the TIG (Telecine Interest Group)message board on July 2, 2002:

Due to the present global economic climate Innovation TK Limitedregret to announce that as from Monday 1st July 2002 has ceasedtrading. Negotiations continue with an interested third party for thepurchase business. If any other parties are interested in purchasingthe business please contact Roland Lewis +441992534506.

Innovation TK Limited