Dolby plans to attend the event on March 8th in Hollywood where he will receive the Best Director award and best Documentary Short award.

He will also screen his award winning debut film "The Invisible Lighthouse" and perform the score and narration live from the stage at the event.

We were sent this synopsis and background information about the film: The film charts the imminent closure of an historic lighthouse on the tip of a mysterious island near his home on coast of Suffolk, formerly used as a testing zone for experimental weapons. The lighthouse features heavily in the as yet unsolved Rendlesham UFO incident, widely referred to as "the British Roswell." Since the island is closed to the public due to the presence of unexploded bombs, Dolby executed several clandestine commando-like raids in his RIB, cameras rolling.

Dolby wrote and shot The Invisible Lighthouse entirely himself over the course of a year with consumer cameras such as the GoPro Hero2 and an iPhone-controlled ARParrot quadrocopter. He taught himself to edit in Apple (NASDAQ:AAPL) Final Cut Pro X using video tutorials on Lynda.com, and cut the film in his wind- and solar-powered lifeboat studio on the East Anglian coast.

"Whenever new technology comes along that puts professional techniques in the hands of inspired amateurs, I turn into a kid in a candy store!" said Dolby. "It's like in the '80s when electronic music arrived, I leapt at the chance to make entire records in my back room. Now for a few hundred bucks I can pick up a camera rig and software capable of making a hi-res movie, and get creative with a personal story that the whole world can watch on the Web."

Dolby hurriedly learned basic CGI and green screen compositing techniques, and helped himself to low-priced HD stock footage from Shutterstock.com and green screen SFX from sites like FootageIsland. The eye-popping results caught the attention of the judges at the annual DIY Film festival in Los Angeles, California, where Dolby entered his film in the Documentary Short category; he took first prize in that category, and went on to win the Best Director award as well.