TECHNICOLOR: CLOSING OF THE SALE OF TECHNICOLOR'S PATENT LICENSING BUSINESS TO INTERDIGITAL

PRESS RELEASE       closing of the sale of Technicolor's Patent Licensing Business to InterDigitalParis (France), 31 July 2018 - Technicolor(Euronext Paris: TCH; OTCQX: TCLRY) announces the closing of the sale toInterDigital(NASDAQ : IDCC) of its Patent Licensing business in...

PRESS RELEASE

     closing of the sale of Technicolor's Patent Licensing Business to InterDigital

Paris (France), 31 July 2018 - Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) announces the closing of the sale to InterDigital (NASDAQ : IDCC) of its Patent Licensing business in accordance with the terms of the agreement of March 1^st, 2018. This announcement follows satisfaction of all closing conditions.

###

About Technicolor

Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.

www.technicolor.com - Follow us: @Technicolor - linkedin.com/company/technicolor

Technicolor shares are on Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (OTCQX: TCLRY).

Investor Relations

Christophe Le Mignan : +33 1 41 86 58 83
christophe.lemignan@technicolor.com

---