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Toon Boom Animation Acquires Pegs

Emmy award-winning Toon Boom Animation Inc. announced that it has signed a definitive agreement with Pegsn Co, a privately held developer of 2D bitmap animation technology.

"Toon Booms software solutions are recognized as the market leading technology in the animation industry and the integration of Pegs technology in Toon Booms portfolio will enable the company to continue delivering quality, efficiency and reliability to the animation community - for all animation styles, formats and users," said Joan Vogelesang, president/ceo at Toon Boom.

Toon Boom Animation Inc. will hold a press conference at MIFA 2006 on Wednesday, June 7 at 11:30 am at its booth 2.03 to present the new solutions and address all media inquiries.

Winner of the 2005 Primetime Emmy Engineering Award, Toon Boom Animation Inc. is the worldwide leader of animation software solutions with high-tech tools such as morphing, inverse kinematics and glue. Toon Boom carries several leading animation products, including Harmony, Opus, Solo and Studio. For additional information, visit www.toonboom.com.

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Rick DeMott
Animation World Network
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