Skinny Technologies Comments on CopyDot, Strikes Deal with Interimaging

Press release from the issuing company

March 25, 2002 -- Skinny Technologies has concluded a licensing agreement with Interimaging Inc. to utilize SkinnyPDF services as part of their North American Imaging program. Interimaging Inc. will supply a network of inter-city, inter-affiliate networked professional service bureaus with comprehensive state of-the art imaging services and digital capture rental equipment with studios. The main source of revenue for Interimaging Inc. is realized from within the North American movie production industry. Skinny Technologies Inc. will provide one Skinny Server and one “License” to Interimaging Inc. and has established a VAR agreement for Interimaging Inc. to market in conjunction with Skinny Technologies Inc. the Skinny family of products and services. In addition, Interimaging Inc. will explore the Skinny ImagePortal for use within their North American Extranet. Mr. Michael Kelly EVP Business Development Skinny Technologies Inc., stated, “Skinny Technologies Inc. products and services are a natural match for the movie industry. The amount of money spent on a daily basis by this industry on couriers, data transmissions and sending actual film from city to city is astounding. This agreement will allow Skinny Technologies Inc. to showcase our technology as a cutting edge leader within the Interimaging network of movie producers and directors, demonstrating to this industry significant savings, and much faster approval of dailies, stills and locations. This industry will also prove to be an excellent beta test for our planned high speed data network services and affiliations.” Mr. Jack Rowand, President Interimaging Inc. states, “We are looking forward to the advantages in speed, quality and economy that can be realized using Skinny products. This will bring us closer to our goal to improve professional imaging workflows. By taking the headache out of print preparation and delivery requirements, Skinny Technologies will be instrumental in streamlining image production and pre-press delivery requirements”. Skinny Technologies Inc. has developed a revolutionary new method of image encoding that dramatically reduces the size of digital graphic files by up to 100 times. The Company is now focused on rapidly growing its business by deploying the Skinny family of products and services to the movie production, printing, publishing, advertising and graphic art industries. Mr. Daniel Walters President / CEO Skinny Technologies Inc. states, “This is only the beginning of many licensing models. Each of these new licensees will in turn co-brand and co-market the Skinny product line. This opens the door to vast revenues and marketing opportunities for Skinny Technologies Inc. The acquisition of CopyDot would have put us in a competitive light in this market place. Instead we will pursue licensing agreements such as these.