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<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">Hello All,</FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt"></FONT> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">Videomagnetics Inc. has been supplying refurbished video
heads to the broadcast industry since 1976. Over the past 42 years we have had
the pleasure of providing our products and services to our many customers, and
as a small company are proud of what we were been able to accomplish to help
others achieve their goals. We would like to thank everyone that supported us
and utilized our services. </FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">So now it is with a heavy heart that we must announce
that our company has closed. It has been a struggle over the past several years
to keep our services going and the time came to cease operations. Fortunately
for everyone concerned, the refurbishing program for archiving will go on with
the help of Aheadtek.<SPAN style="mso-spacerun: yes"> </SPAN>Pat Johnston
at Aheadtek has stepped up to the plate and has acquired all our assets to
ensure that the Video Head Refurbishing Program will continue. </FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">I have had the pleasure of working in this field since
1973 and over the years have employed over 45 engineers, most of them innovators
at Ampex Corporation.<SPAN style="mso-spacerun: yes"> </SPAN>I have met
some very talented broadcasters and feel extremely fortunate to have been part
of the industry for so long. <SPAN style="mso-spacerun: yes"> </SPAN>I wish
everyone well in their endeavors and all the best for the future. <FONT
style="face: calibri">Wishing you all a Merry Christmas and a prosperous
2019. </FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">Let’s get archiving! </FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 8pt; LINE-HEIGHT: 12pt"><FONT
style="FONT-SIZE: 11pt">Tony B. Korte CEO </FONT></P>
<DIV
style="FONT-SIZE: 12pt; FONT-FAMILY: 'Calibri'; COLOR: #000000">Videomagnetics
Inc<BR>3970 Clearview Frontage Rd<BR>Colorado Springs Co 80911<BR>719-390-1313
Fax 719-390-1316<BR>www.videomagnetics.com</DIV></DIV></DIV></BODY></HTML>