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| 29 February |
| Billy Crystal |
| Kodak Theatre, Hollywood & Highland, Los Angeles, California, USA |
| | Awarded to: | | | - Blake Edwards (I)
- In recognition of his writing, directing and producing an extraordinary body of work for the screen. (Oscar statuette)
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| | Winners: | | | - Digidesign
- For the design, development and implementation of the Pro Tools digital audio workstation.
- Bill Tondreau (Kuper Controls)
- For his significant advancements in the field of motion control technology for motion picture visual effects.
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| | Winners: | | | - Kinoton GmbH
- For the engineering and development of the Kinoton FP 30/38 EC II Studio Projector.
- Christopher Alfred; Andrew Cannon; Michael C. Carlos; Mark Crabtree; Chuck Grindstaff; John Melanson (II)
- For their significant contributions to the evolution of digital audio editing for motion picture post production.
- Stephen Regelous
- For the design and development of Massive, the autonomous agent animation system used for the battle sequences in "The Lord of the Rings" trilogy.
- Kenneth L. Tingler (Eastman Kodak Company); Charles C. Anderson (Eastman Kodak Company); Diane E. Kestner (Eastman Kodak Company); Brian A. Schell (Eastman Kodak Company)
- For the successful development of a process-surviving antistatic layer technology for motion picture film.
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| | Winners: | | | - Christophe Hery; Ken McGaugh; Joe Letteri
- For their groundbreaking implementations of practical methods for rendering skin and other translucent materials using subsurface scattering techniques.
- Henrik Wann Jensen; Stephen R. Marschner; Pat Hanrahan
- For their pioneering research in simulating subsurface scattering of light in translucent materials as presented in their paper "A Practical Model for Subsurface Light Transport.
- Kish Sadhvani; Paul Duclos; Carl Pernicone
- For the concept and optical design (Sadhvani), for for the practical realization and production engineering (Duclos) and for the mechanical design and engineering (Pernicone) of the portable cine viewfinder system known as the Ultimate Director's Finder (UDF).
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