"Thirty-three years ago Tony, using nothing but his creativity and his intelligence, got six people out of a very bad situation," said Terrio, who based his script on Mendez's book "The Master of Disguise" and a Wired magazine article by Joshuah Bearman.
"And so I want to dedicate this to him and the Taylors and the Sheardowns and people all over the world in the U.S., in Canada, in Iran, who use creativity and intelligence to solve problems non-violently."
Taylor appreciated that Terrio mentioned Sheardown, Sheardown's wife and Taylor's wife.
"He dedicated it to Tony Mendez. That was what his script was about, it so that's understandable. I think that recognition of both Pat and myself and John and Zena was in a sense welcomed," he said.
During a recent talk in Toronto, Taylor took issue with a myriad of creative liberties in "Argo" and said Terrio "had no idea" what he was talking about.
Friends of Taylor were outraged last September when "Argo" debuted at the Toronto International Film Festival. The original postscript of the movie said that Taylor received 112 citations and awards for his work in freeing the hostages and suggested Taylor didn't deserve them because the movie ends with the CIA deciding to let Canada have the credit for helping the Americans escape.
Taylor called the postscript lines "disgraceful and insulting" and said it would have caused outrage in Canada if the lines were not changed. Affleck flew Taylor to Los Angeles after the Toronto debut and allowed him to insert a postscript that gave Canada some credit.
In a statement released on Friday, Affleck said he admired Taylor very much but said he was surprised Taylor still had an issue with the film. Affleck also said he agreed narrate a documentary that Taylor is involved with, about Canada's role in the Iran hostage crisis.
Taylor said it was news to him that Affleck had agreed to narrate the documentary and said he looked forward to working on it with him.