Astrotech Subsidiary Astral Images Selected by a Post-Production House for Film Restoration
January 19 2016 - 10:26AM
Business Wire
Astral Images, a subsidiary of Astrotech (NASDAQ: ASTC), signed
a contract with a worldwide technology leader in the media and
entertainment sector to use Astral Color ICE as part of its
workflow to restore film. Astral Color ICE™ was selected based on
the quality and speed of its restoration technology.
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“We believe servicing leading digital media and entertainment
post-production houses and studios validates our technology. We are
providing our patented defect correction solution to help bring
high quality restored film to the big 4K screen faster,” said
Warren Lieberfarb, Chairman of Astral Images. “To date, film
correction has been a time-consuming, labor-intensive and expensive
process that limits which projects are completed. Astral Color ICE
automates film restoration and improves image quality.
“There are many film treasures that audiences want to view on
today’s high-definition video equipment. We believe our results
will impress viewers and extend our reach among entertainment
companies,” concluded Lieberfarb.
Astral Images’ digital image correction and enhancement (ICE)
uses sophisticated algorithms to identify and remove surface
defects and scratches from film. Astral Images’ patented scratch
removal technology, one of the features of Astral Color ICE, pulls
the original information and produces a true correction instead of
filling in the blemish using surrounding pixels. Fully automated,
the solution removes the potential for human error common in the
painting-over method.
About Astrotech Corporation
Astrotech Corporation (NASDAQ: ASTC) identifies and
commercializes emerging disruptive technologies through its closely
held subsidiaries. Management sources investment opportunities from
various government laboratories, agencies, universities and
corporations, as well as through its own internal research. Sourced
from Oak Ridge Laboratory’s chemical analyzer research,
1st Detect develops, manufactures, and sells
chemical analyzers that streamline processes for industrial use in
the airport security, food and beverage, semiconductor,
pharmaceutical, research, and environmental markets, and the
military. Sourced from decades of image research from the
laboratories of IBM and Kodak combined with classified satellite
technology from government laboratories, Astral Images sells
film to digital image enhancement, defect removal and color
correction software and post processing services providing
economically feasible conversion of television and feature 35mm and
16mm films to the new 4K ultra-high definition (UHD), high-dynamic
range (HDR) format necessary for the new generation of digital
distribution. Sourced from NASA’s extensive microgravity research,
Astrogenetix is applying a fast-track on-orbit discovery
platform using the International Space Station to develop vaccines
and other therapeutics. Demonstrating its entrepreneurial strategy,
Astrotech management sold its state-of-the-art satellite servicing
operations to Lockheed Martin in August 2014. Astrotech has
operations throughout Texas and is headquartered in Austin. For
information please visit www.astrotechcorp.com.
About Astral Images
Astral Images, Inc., located in Austin, TX, is positioned to be
the world leader in the technology required to digitize, repair,
and archive feature films, film-based television series, and
consumer media. Based on years of experience, research, and
development, the company has pioneered the technology to detect and
remove surface defects and scratches from both color and black
& white film in automation. Astral Images continues to develop
technology and solutions to meet the ever-changing needs of the
industry. www.astral-images.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160119006260/en/
Marketing and PR:Astrotech Corporation/Astral Images
CorporationJoshua Elbaum, +1-512-485-9530VP,
MarketingorIR:LHACathy Mattison and Kirsten Chapman,
+1-415-433-3777ir@astrotechcorp.com
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