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Skinny Technologies Announces Licensing Agreement with Media-HI

Press release from the issuing company

March 27, 2002 -- Skinny Technologies has concluded a licensing agreement with Media-HI, Inc., the largest custom publishing company in Hawaii to utilize SkinnyPDF files as part of their prepress workflow. MHI prints magazine format vacation planners and visitor industry directories for the Hawaii Visitors & Convention Bureau for the consumer, travel trade professionals and the meetings, conventions and incentives sectors of the market. MHI expects to recognize significant savings in its prepress processes by shortening its production timeline and more efficiently trafficking files and proofs. Skinny will provide the service of Skinnying files for MHI for digital archiving purposes, for page creation layouts at significantly reduced size and for posting and transmitting electronic versions of the publications for distribution on the web and through email. Stated Jeffrey Wilmot, President of Media-HI, “SkinnyPDF will allow us to quickly take very large, high resolution pages and files created for web offset printing and re-purpose them for the other kind of web, at the same time, these very large files can be reduced in size to make it easier and less expensive to transmit them to our service bureau via FTP. Colour proofs can travel back the same way eliminating the need for costly and time-consuming courier deliveries.” Stated Michael Kelly EVP Business Development for Skinny Technologies Inc. “I am very pleased with this agreement. Media–HI is in a class of their own sought after by all within this industry. Media-HI is one of the largest publishers of these types of images in the entire USA and is the premier producer, publisher and distributor of these images worldwide. This agreement moves Skinny Technologies Inc. into the major leagues with an agreement that will see immediate revenues. I look forward to a long and prosperous relationship with Media-HI Inc.” 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. Skinny is now focused on rapidly growing its business by deploying the Skinny family of products and services to the printing, publishing, advertising and graphic art industries.