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Going-Concern Statement

Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

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Pixar, Sony, and Lucasfilm Host Studio Nights at SIGGRAPH

 
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CHICAGO, Jul 22, 2008 (BUSINESS WIRE) ----As part of the newly expanded format of the Computer Animation Festival, SIGGRAPH 2008 will feature three all-star Production Studio Nights hosted by industry powerhouses Pixar Animation Studios, Sony Pictures Imageworks, and Lucasfilm.

In addition to the Festival's popular Competition and Invited Screenings, Festival Talks, and Production Sessions, each studio will host evening events at Los Angeles' famed Nokia Theatre. Highlights will include an exclusive advance screening of "Star Wars: The Clone Wars", preceded by a conversation between Animation Director John Knoll and Director David Filoni, discussions with some of the industry's most notable pioneers such as John Lasseter and Frederic Back, as well as a tribute to the late Stan Winston, renown visual effects supervisor, makeup artist and film director.

"We are absolutely thrilled to have these three production icons participate in this year's Festival," stated Jill Smolin, SIGGRAPH 2008 Conference Entertainment Director. "The programs presented by each of these studios not only highlight the some of the best animated works and creators in the world, but also provide an excellent education to the general public on the industry and just what it takes to make these animations come to life."

The Computer Animation Festival is open to the public, with day passes available for as low as $50. For details on the complete Computer Animation Festival schedule of events and registration information visit http://www.siggraph.org/s2008/attendees/caf/.

The complete schedule of the Computer Animation Festival Production Studio Nights includes:

Pixar Animation Studios

Tuesday, 12 August, 8 - 11 pm

Screening of "The Man Who Planted Trees" Followed by a Conversation With Frederic Back and John Lasseter

For more than 20 years, John Lasseter has redefined the animation industry, shaping the way we watch animation and showing us the sweetness, complexities, and hilarities in the simplest and most unlikely places.

Frederic Back, a two-time Academy Award winner for "Crac" and "The Man Who Planted Trees," joins John Lasseter for a rare conversation about the passions to which he has committed his life: animation, art, and the environment.

Screening of "The Pixar Story" With Introduction and Q&A by Director Leslie Iwerks and Friends

An in-depth look behind the scenes of the ground-breaking company that pioneered a new generation of animation and forever changed the face of filmmaking. Using never-before-seen footage from the Pixar library, along with historic archival animation and first-hand accounts by animators, studio executives, directors, producers, and voice performers, Academy Award-nominated filmmaker Leslie Iwerks tells the riveting story of the Bay Area start-up that revolutionized Hollywood.

Sony Pictures Imageworks

Wednesday, 13 August, 8 - 11 pm

Saying that Stan Winston helped transform visual effects into a legendary industry is just a start to recognizing his contribution and his legacy. He altered the course of movies when he transformed makeup effects from latex to animatronics. His credo, "I don't do effects, I do characters," provided the foundation for a veritable galaxy of interstellar aliens, menacing chrome robots, and predatory dinosaurs. His work blurred the lines between makeup, puppetry, and visual effects.

In films ranging from "Terminator" to "Edward Scissorhands" to "Iron Man," audiences could barely discern where the actor ended and the effects began. Winston inspired legions of directors, visual effects supervisors, and artists to stretch their abilities beyond what they knew to be possible. He challenged imagination, inspired creativity, and invented worlds we couldn't have conceived otherwise. His insatiable curiosity even moved beyond the film world into robotics and artificial intelligence, in innovations that found their way from the labs at MIT to the workshop in Van Nuys. Sony Pictures Imageworks, in conjunction with Stan Winston Studios, hosts an evening of tributes, celebrations, and memories of Stan Winston and his characters by family, friends, and peers.

A special clip reel created by Digital Domain, of which Winston used to be part owner, will be shown and the evening will close with a screening of "Terminator 2."

Lucasfilm

Thursday, 14 August, 8 - 11 pm

Lucasfilm presents an advance screening of "Star Wars: The Clone Wars," the much-anticipated animated feature film from director Dave Filoni and executive producer George Lucas that opens to the public on Friday, 15 August. This event, hosted by ILM Visual Effects Supervisor John Knoll, begins with a discussion of the film's unique design and signature style. The intergalactic struggle between good and evil continues with a screening of the next "Star Wars" adventure to hit the silver screen.

About SIGGRAPH

SIGGRAPH 2008 will bring an estimated 30,000 computer graphics and interactive technology professionals from six continents to Los Angeles, California, USA for the industry's most respected technical and creative programs focusing on research, science, art, animation, gaming, interactivity, education, and the web from Monday, 11 August through Friday, 15 August 2008 at the Los Angeles Convention Center. Celebrating its 35th year, SIGGRAPH 2008 includes a three-day exhibition of products and services from the computer graphics and interactive marketplace from 12-14 August 2008. More than 250 international exhibiting companies are expected. Registration for the conference and exhibition is open to the public. More details are available at www.siggraph.org/s2008.

About ACM

ACM, the Association for Computing Machinery www.acm.org, is the world's largest educational and scientific computing society, uniting educators, researchers and professionals to inspire dialogue, share resources and address the field's challenges. ACM strengthens the computing profession's collective voice through strong leadership, promotion of the highest standards, and recognition of technical excellence. ACM supports the professional growth of its members by providing opportunities for life-long learning, career development, and professional networking.

SOURCE: SIGGRAPH 2008

SIGGRAPH 2008 Brian Ban +1.773.454.7423 cell +1.773.915.5050 fax media@siggraph.org
   
Copyright Business Wire 2008
 
 

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