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CINRAM INTERNATIONAL ACQUIRES 1K STUDIOS

Move Positions Hollywood’s Leading Media Manufacturer and Logistics Provider for Growth in Emerging Technology and Digital Content Delivery

TORONTO Jan. 31 Los Angeles

1K specializes in building enhanced consumer experiences for movies, TV shows, music, books and games.  The company has been a key service provider to many of the world’s top media & technology companies including Paramount Home Entertainment, Apple, HBO, and Warner Bros Home Entertainment. 1K provides creative and technical services to these companies to help them release their content in different venues including digital downloads, mobile and tablet apps, advanced Blu-ray discs, stereoscopic 3D and social media.  

These services will be integrated with Cinram’s existing media production and logistics business, creating an end-to-end supply chain with significant competitive advantages for its customers. The new expertise will play an important role in Cinram’s effort to identify and evaluate additional opportunities to add to the company’s client offering.

Steve Brown Cinram International, Inc

Matt Kennedy co-founder 1K Studios.

The deal will consolidate a network of client relationships that includes all of the major U.S. and European movie and TV studios, record companies, and game distributors, as well as numerous publishers and technology companies. .

Los Angeles

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Cinram International Inc North America Europe North America www.cinram.com

1K|Studios Los Angeles

Certain statements included in this release constitute "forward-looking statements" within the meaning of applicable securities laws.  Such forward-looking statements include statements concerning the possible effects of the transactions described herein, and the likelihood of their successful completion. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Fund, or results of the multimedia duplication/ replication industry, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, among others, the following: the Fund’s ability to retain major customers; general economic and business conditions, which will, among other things, impact the demand for the Fund’s products and services; multimedia replication industry conditions and capacity; the ability of the Fund to implement its business strategy; the Fund’s ability to invest successfully in new technologies and other factors which are described in the Fund’s filings with the securities commissions. These risks may affect the achievement of the expected results of the transactions described herein.  There can be no assurance that the said transactions will be successfully completed or that, if completed, the expected consequences will result in whole or in part, and the deviations from such expectations may be material.

SOURCE Cinram International Income Fund

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