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# 1937 Scophony

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Paris, France; Burbank and San Diego, CA—Aug 21, 2003

Thomson and QUALCOMM Restructure Technicolor Digital Cinema Joint Venture

Thomson Assumes Sole Ownership of Technicolor Digital Cinema

In a strategic step to more effectively serve the needs of the emerging digital cinema industry, Thomson (Euronext Paris;: 18453; NYSE: TMS), the worldwide leader in video technologies, products and services and QUALCOMM incorporated (Nasdaq: QCOM) today announced that QUALCOMM has sold its equity interest in Technicolor Digital Cinema (TDC) to Thomson, the parent company of Technicolor, a move that results in sole Thomson ownership of the venture. Financial terms of the sale were not disclosed.

The agreement allows both entities to leverage Technicolor Digital Cinema's successful systems and service model while enabling each to focus on their respective core businesses - Technicolor in servicing the digital cinema needs of its customers and QUALCOMM in developing and producing innovative digital cinema technology and systems. The transaction is also consistent with Thomson's commitment to support content owners and network operators globally as they evaluate and embrace digital technologies.

"Many of the objectives of forming the joint venture company in 2000 have been met," said Gary Garland, Vice President and General Manager of the QUALCOMM Digital Media Division. "With the combination of Technicolor's service legacy to the entertainment industry and QUALCOMM's technical expertise in digital cinema enabling technologies, we hoped to move digital cinema forward by providing both systems and services specific to the digital cinema space. We have done that, and we've done it exceptionally well."

As part of the restructuring, Technicolor will acquire exclusive rights to manufacture, sell and service the multi-screen Theatre Management System (TMS) designed by QUALCOMM under the Technicolor Digital Cinema umbrella. In turn, QUALCOMM will continue to develop and market core digital cinema products and technologies, including decoder modules, encoders and conditional access systems (CAS) that are based on its ABSoluteä compression and decryption technology.

"This is a positive move that provides customers the freedom to independently select a service provider and a technology architecture that best fits their needs," said Dave Elliott, President of Technicolor Entertainment Services and Chief Executive Officer of Technicolor Digital Cinema. "Our intent has always been to offer the industry options. By restructuring the joint venture, we expand customer choice while at the same time restoring Technicolor's legacy to serve multiple architectures and enhancing QUALCOMM's ability to market their advanced digital cinema technologies."

Technicolor and QUALCOMM will continue to work closely together as QUALCOMM digital cinema technologies and products emerge, including ABSolute image compression technology and advanced security architecture as well as QUALCOMM's digital cinema decoder modules, encoder systems, and conditional access equipment for the industry. Technicolor Digital Cinema will continue to provide and support these technologies and products, but will also offer other technologies to meet industry demand and requirements.

Since launching in 2000, Technicolor Digital Cinema has evolved to offer the industry's most comprehensive set of digital cinema services and solutions, including compression, encryption, distribution, storage, and scheduling/playback as well as in-theatre management systems, maintenance and support. Technicolor Digital Cinema has installed and maintained digital cinema delivery technology and equipment through QUALCOMM -designed Auditorium Management Systems in nearly 40 theatres worldwide for first-run showings of digital movies. To date, Technicolor Digital Cinema has processed, packaged, delivered and downloaded 35 motion picture titles for a total of more than 33,000 showings to commercial audiences, including four titles that were released using the world's first end-to-end encryption approach, provided by QUALCOMM's technology. Recent encrypted digital cinema releases include Terminator 3: Rise of the Machines, Finding Nemo, Sinbad: Legend of the Seven Seas and Pirates of the Caribbean.

Thomson and Technicolor Digital Cinema will continue to work with content owners toward advancing the digital cinema evolution by developing robust systems, support services and industry standards in anticipation of the widespread adoption of this new medium. QUALCOMM will continue to develop and provide advanced digital cinema technologies and products to meet industry requirements on an open-systems basis to OEM's, service providers and end-users.

About Technicolor: Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: Enhance media experience on any screen, in theaters, at home and on the go. Technicolor Directory page About Qualcomm: Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation mobile technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of wireless communications, connecting people more closely to information, entertainment and each other. Today, Qualcomm technologies are powering the convergence of mobile communications and consumer electronics, making wireless devices and services more personal, affordable and accessible to people everywhere. Qualcomm Directory page About Thomson: Thomson (Euronext Paris: 18453; NYSE: TMS) provides services, systems and equipment, and technology to help its Media & Entertainment clients — content creators, content distributors, and users of its technology — realize their business goals and optimize their performance in a rapidly-changing technology environment. The Group is the preferred partner to the Media & Entertainment Industries through its Technicolor, Grass Valley, RCA, and Thomson brands. Thomson Directory page
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