July 14, 2009

DELUXE ACQUIRES CHACE AUDIO

Chace president Bob Heiber will continue to lead the studio and will also serve as VP/audio for Deluxe Digital Media. He will report to Gray Ainsworth, senior VP of operations.

"We are very excited about the collaboration opportunities that are part of our future in the Deluxe families," says Heiber. "The energy and enthusiasm exhibited by Deluxe management and staff to bring this needed addition to their comprehensive solutions structure was a big motivational incentive. With Deluxe's support and expertise, we'll be able to concentrate on continuing to provide the highest quality, wide ranging services for our clients."

Deluxe Entertainment Services Group is a wholly-owned subsidiary of MacAndrews & Forbes Holdings Inc. and is a provider of a broad range of entertainment industry services and technologies. The services include motion picture film processing, printing and distribution; EFILM digital intermediates; post production and subtitling; titles design and digital VFX; DVD compression, encoding and authoring; digital cinema services, digital asset management, digital distribution; and marketing fulfillment services.

Deluxe has facilities in Los Angeles, Toronto, London, Rome, Barcelona, Madrid, Vancouver, New York, Melbourne and Sydney.