August 15, 2004

Top Audio and Video Post Production Executive Joins DVS InteleStream; Fast Growing Media Services Provider to Substantially Increase Television and Foreign Language Distribution Expansion.

BURBANK, CA, Aug 15, 2004 -- DVS InteleStream today announced that Ruben Veloso, an accomplished major motion picture and television post production expert, has joined the company as Executive Vice President, Post Production, to head its companywide post production expansion efforts. Mr. Veloso will oversee brand strategy and development and all sales support programs, as well as operational and administrative functions of the company’s creative and post production facilities.

Mr. Veloso has more than two decades of corporate level experience managing and developing creative post production businesses. Most recently he served as Senior Vice-President and General Manager of Point 360, a Hollywood, CA based competitor to DVS InteleStream. "DVS InteleStream and CCI Digital are great companies with a substantial pool of talent," said Veloso. "While DVS InteleStream is already a leading company in the video services business, the recent acquisition of CCI Digital has created a tremendous opportunity for the provision of large scale creative services to the major motion picture studios, television content producers and music companies. CCI Digital has tremendous brand equity and is widely known for its quality and creative expertise.”

"With the addition of Ruben to our team, we are taking our company to the next level,” Rich Appell, DVS InteleStream’s President said. “Ruben will spearhead the expansion of our important creative services, audio and post production businesses and create greater awareness among content producers of our ability to deliver high quality services at a substantial savings”

About DVS InteleStream
DVS InteleStream is a leading provider of media content supply chain services to owners, producers and distributors of broadcast and home entertainment content. DVS InteleStream provides the platform through which theatrical and broadcast media content is archived, edited and distributed to thousands of broadcast outlets worldwide. DVS’ services are used by all of the Major Motion Picture Studios and many of the worlds largest Ad Agencies, Fortune 500 and Independent Production Companies.