Deluxe Acquires Assets of ITFC in Europe

Deluxe Acquires Assets of ITFC in Europe

LONDON, September 7, 2010/PRNewswire/ --

- Expertise in Broadcast Content Brings Added Value to Clients

Deluxe Entertainment Services Group is delighted to announce the
acquisition of the business and assets of ITFC, a leading provider of post
production, content management, authoring, media access and asset management
services to the UK and European television and cinema industry. Chris Higgs
will continue as Managing Director of the acquired business.

ITFC's expertise covers the entire spectrum of broadcast
content. The business provides editing across a wide variety of formats
including HD, and offers mastering and duplication services from legacy
formats such as Digital Betacam, Betacam SP and 1"C. Content management
services include quality assurance, file transfers, encoding and transcoding,
metadata capture and digitisation of assets prior to delivery online and
across a variety of media platforms, in addition to standards and aspect
ratio conversions. ITFC's asset management services involve storage and
delivery of content in a number of formats for broadcast, online distribution
and cinema release.

ITFC's media access services are well known in the industry
and include approximately 38,000 hours of subtitling each year for major UK
and European broadcasters including ITV, Five, Virgin Media Television, GMTV
and RTE. It provides cinema subtitles for 35mm and digital release, together
with subtitling for home entertainment and online corporate video. ITFC is
also an acknowledged expert in audio description services for blind and
partially sighted audiences, successfully delivering more than 2,000 hours
each year for transmission by UK broadcasters. The ITFC team is proud to have
pioneered the use of audio description in feature films for UK cinema
release, a technology that has now been extended to Blu-ray and DVD.

"I am very pleased to welcome Chris and the ITFC team to the
Deluxe family. The ITFC business has a tremendous reputation and I am sure
that the broad range of skills and expertise acquired by Deluxe will help us
to deliver a fantastic range of added value services to our clients,"
commented Ken Biggins, Deluxe's European Managing Director. Chris Higgs,
ITFC's Managing Director added, "We are excited about joining Deluxe and look
forward to working with them to further expand our services to customers."

About Deluxe

Deluxe Entertainment Services Group Inc., a wholly-owned
subsidiary of MacAndrews & Forbes Holdings Inc., is the leading provider of a
broad range of entertainment industry services and technologies to major
Hollywood Studios and an international client base. Services include motion
picture film processing, printing and distribution; EFILM(R) digital
intermediates; post production and subtitling services; titles design and
digital VFX; DVD compression, encoding and authoring; digital cinema
services, digital asset management, digital distribution; marketing
fulfilment services and intellectual property security systems. Deluxe
operates facilities around the world. For more information please visit
http://www.bydeluxe.com.

For Further Information:

Please contact Zoe Buckingham, Public Relations to Deluxe London:
deluxe@zoebuckingham.com

Source: Deluxe Entertainment Services Group Inc.

For Further Information: Please contact Zoe Buckingham, Public Relations to Deluxe London:
+44(0)7714-837426, deluxe@zoebuckingham.com

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