Austin, Texas (June 7, 2016) - Astral Images, a subsidiary of Astrotech Corporation (NASDAQ: ASTC), appointed Rob Hummel as Senior Vice President of Business Development. Mr. Hummel, an accomplished industry veteran with a successful track record at marquee corporations like Disney, DreamWorks, Sony and Warner Bros, will be responsible for expanding Astral’s sales growth.
“I am very pleased Rob has joined Astral Images to promote our products and lead our business development efforts,” stated Warren Lieberfarb, Chairman of Astral Images’ Board. “Rob is well known and respected in the Hollywood community for his contributions over the decades. He possesses unique strategic knowledge bridging the worlds of creative film making and production technology. We are thrilled to have such a distinguished motion picture media expert leading our team.”
Mr. Hummel’s career has revolved around cinematography, film formats, film restoration and archiving, animation, post production, visual effects and stereoscopic 3-D. Mr. Hummel has worked for studios including Disney, DreamWorks, Sony and Warner Brothers. In 1999, he led Technicolor’s establishment of some of the first Digital Cinemas across the globe. At Warner Bros. he oversaw digital restoration work on such classics as “Gone with the Wind” and “The Wizard of Oz.” Hummel serves as co-chair of the Public Programs Committee of the Academy of Motion Picture Arts & Sciences’ Science and Technology Council and sits on the Scientific and Technical Awards Committee. Mr. Hummel has hosted several programs on Film Formats, Film Technology, and 3-D Stereoscopic Imaging. He was the editor of the 8th edition of the American Cinematographer Manual, and authored most of its articles.
Mr. Hummel stated, “Astral Images has a wide range of advanced technology solutions and capabilities to digitize, restore and enhance all types of film and photographic material. I am most impressed by how the scientists at Astral appreciate and value the integrity of the original image. Also, I am in awe of their abilities to reveal original hidden image content, and Astral achieves these results without using digital cloning or merging techniques. The same can be said for the HDR information I’ve seen them mine from motion pictures. I am excited by the opportunities for Astral Images to solve complex technology challenges in its target markets and look forward to contributing to advancing its business in all areas.”
About Astral Images, Inc.
Astral Images, Inc., located in Austin, TX, is positioned to be the world leader in the technology required to digitize, repair, enhance and archive feature films, film-based television series, and consumer media. Based on over thirty years of experience, research, and development, the company has pioneered the technology to detect and remove surface defects and scratches from both color and black & white film in automation while enhancing and optimizing the image quality. Astral Images continues to develop technology and solutions to meet the ever-changing needs of the industry. www.astral-images.com
About Astrotech Corporation
Astrotech Corporation (NASDAQ: ASTC) is an innovative science and technology company that invents, acquires and commercializes technological innovations sourced from research institutions, laboratories, universities, and internally and then funds, manages, and builds proprietary, scalable start-up companies for profitable divestiture to market leaders to maximize shareholder value. Sourced from Oak Ridge Laboratory’s chemical analyzer research, 1st Detect develops, manufactures, and sells chemical analyzers that streamline processes for industrial use in the airport security, food and beverage, semiconductor, pharmaceutical, research and environmental markets, and the military. Sourced from decades of image research from the laboratories of IBM and Kodak combined with classified satellite technology from government laboratories, Astral Images sells film to digital image enhancement, defect removal and color correction software, and post processing services providing economically feasible conversion of television and feature 35mm and 16mm films to the new 4K ultra-high definition (UHD), high-dynamic range (HDR) format necessary for the new generation of digital distribution. Sourced from NASA’s extensive microgravity research, Astrogenetix is applying a fast-track on-orbit discovery platform using the International Space Station to develop vaccines and other therapeutics. Demonstrating its entrepreneurial strategy, Astrotech management sold its state-of-the-art satellite servicing operations to Lockheed Martin in August 2014. Astrotech has operations throughout Texas and is headquartered in Austin. For information, please visit www.astrotechcorp.com.
Cathy Mattison and Kirsten Chapman
LHA Investor Relations
+1 (415) 433-3777