The first occurred in 1998 at the 70th Academy Awards show , where founder Don Iwerks was awarded the Gordon E. Sawyer Award , given each year to " an individual in the motion picture industry whose technological contributions have brought credit to the industry . " The second occurred in 1999 at the 71st Academy Awards show , where the company was awarded an Academy Award for a technical innovation called the Iwerks 8/70 Linear Loop projection system
70th Academy Awards
70th Academy Awards
SimEx-Iwerks