Toon Boom Pipeline Wins the Ub Iwerks Award at the 40 Annie Awards

Toon Boom Animation Inc., a 2012 and 2005 Primetime Emmy Engineering Award recipient, announced today that The International Animated Film Society, ASIFA-Hollywood, will grant the Toon Boom Pipeline the Ub Iwerks Award at the upcoming 40th Annual Annie Awards. As part of the juried awards category, the Ub Iwerks Award recognizes the technical advancements that make a significant impact on the art or industry of animation.

We feel honoured to see The International Animated Film Society, ASIFA-Hollywood, acknowledge the contribution of the Toon Boom Pipeline throughout the animation industry, in the production of feature films, series, direct-to-videos, commercials and more, says Joan Vogelesang, president and chief executive officer of Toon Boom.

The Toon Boom pipeline is comprised of Toon Boom Storyboard Pro and Toon Boom Harmony, which cover the entire production workflow and deliver the highest throughput within the process. The Toon Boom pipeline offers a wealth of technological possibilities, always keeping artists at the heart of the creative process.

The 40th Annual Annie Awards ceremony will take place on Saturday, February 2, 2013 at UCLA's Royce Hall in Los Angeles, California.

About Toon Boom Animation Inc.

Toon Boom Animation Inc. (toonboom.com), a 2012 and 2005 Primetime Emmy Engineering Award recipient, is the worldwide leader in digital content and animation creation software, delivering products and services online to its global community. Toon Boom carries user-friendly applications for all, catering to children, home users, creative professionals as well as students, educators and schools. Toon Boom is fully dedicated to education and goes far beyond just developing technology and curriculums that enhance the classroom experience. Toon Boom is an influential advocate of bringing industry and education together, while partnering with value-added partners to help students achieve their goals.

At the high-end studio level, Toon Boom offers a wide product range from powerful pre-production tools to leading-edge animation production solutions. Relying on its extensive expertise in animation production, Toon Boom provides consulting services in the fields of optimization, pipeline integration, production assistance and custom development.

About Corus Entertainment Inc.

Toon Boom is owned by Corus Entertainment Inc., a Canadian-based media and entertainment company. Corus is a market leader in specialty television and radio with additional assets in pay television, television broadcasting, children's book publishing and children's animation. The Company's multimedia entertainment brands include YTV, Treehouse, Nickelodeon (Canada), W Network, OWN: Oprah Winfrey Network (Canada), CosmoTV, Sundance Channel (Canada), Movie Central, HBO Canada, Nelvana, Kids Can Press and radio stations including CKNW AM 980, 99.3 The FOX, Country 105, 630 CHED, Q107 and 102.1 the Edge. Corus creates engaging branded entertainment experiences for its audiences across multiple platforms. A publicly traded company, Corus is listed on the Toronto Stock Exchange (CJR.B). Experience Corus on the web at www.corusent.com.

Contact:

Toon Boom Animation Inc.

Karina Bessoudo, VP, Marketing

kbessoudo@toonboom.com

(514) 490-6479

Copyright 2012 Toon Boom Animation Inc. All rights reserved. Toon Boom and the Toon Boom logo are registered trademarks and Toon Boom Storyboard Pro, Toon Boom Harmony and the Toon Boom Pipeline are a trademark of Toon Boom Animation Inc. All other trademarks are the property of their respective owners.

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