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Monday, September 16, 2002

AIM and Hollywood Software Join Forces on the Next Generation of Harpoon® Rights Licensing/Financial Management Software for the TV/Media Industry

Hollywood, CA and Great Neck, NY --- Applied Information Management Inc (AIM) of Great Neck, NY and Beverly Hills, CA; and Hollywood Software Inc (HSI) of Hollywood, CA announce their agreement to jointly develop and market iHarpoon, the next generation of AIM’s flagship Harpoon® software for the television and media industries.

AIM’s Harpoon WorldWide Distribution Licensing Software, which has consistently evolved to keep pace with media industry changes over the past 20 years, is considered the most feature rich and sophisticated media rights management software on the market and is used by many of the most prestigious media companies throughout the world. Hollywood Software’s integrated TDS/EMS software platform has become the industry standard for managing the distribution and exhibition of feature film rights as well as other media content. Also, HSI consults with major entertainment companies on intellectual property rights and brings several key design strategies to the migration of the Harpoon rights management model.

Together, AIM and HSI plan to jointly apply their considerable industry expertise and technological resources to achieve a new state-of the-art generation of the Harpoon rights licensing and financial software. By combining their rights management experience and enterprise software design expertise, the two companies plan to leverage the successful Harpoon design to create the most robust Internet optimized application available. HSI is a certified Microsoft Solution Provider; AIM is a certified IBM Solutions Reseller.

About AIM

Applied Information Management Inc. (AIM) was established in 1983 and is considered a leading software solutions provider to the television and media industries. Harpoon® application software was first developed in 1983 and manages: Acquisition and Marketing Rights; Distribution Licensing, Sales, Contracts, Administration, Billing, Financial Processing and Reporting, SOP 00-2 Accounting, Accounts Receivable, Accounts payable, General Ledger, Royalties and Participations; Residual Payments; Materials Management; and Advertiser/Barter Sales. Many industry leading companies using Harpoon include: News Corp/20th Century Fox, Televisa, Viacom/CBS, Tribune, Sony/Columbia Tristar Domestic TV, Playboy, Carsey-Werner, Martha Stewart Living Omnimedia et al. AIM maintains offices in Great Neck, NY and Beverly Hills, CA.

For additional information, please contact AIM at: 98 Cuttermill Road – Suite 315N, Great Neck, NY 11021 USA. Phone (516) 773-3294. Fax (516) 482-8574. Email: sales@aim-harpoon.com. Web site: www.aim-harpoon.com.

About Hollywood Software

Hollywood Software, Inc. (HSI) specializes in mission-critical applications for the entertainment industry. HSI’s Theatrical Distribution Systems software (TDS2000) is used by major film studios such as 20th Century Fox, Paramount Pictures, Universal Pictures as well as many other independent distributors, including Artisan Entertainment and IFC Films. HSI also developed the successful counterpart solution for exhibition circuits, EMS Exhibitor Management System, which is currently in use at Pacific Theatres, Madstone Theaters and Brenden Theaters. Due to its unique position of servicing both distributors and exhibitors of feature film, HSI is working closely with the film industry to advance digital cinema.

For additional information, please contact:

Hollywood Software, Inc.
David Gajda, CEO
1604 N. Cahuenga Blvd. Suite 115, Hollywood, CA 90028.
Phone: (323) 463-2144. Fax: (323) 463-1319.
Email: davidg@hollywoodsoftware.com or info@hollywoodsoftware.com
Web site: www.hollywoodsoftware.com

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