Wednesday December 15, 2:55 pm Eastern Time
Company Press Release
C-3D Digital Signs Fox and New Line Cinema for Hotel Movie Network
-- HMN Deal Gains Access to First Run Films --
LOS ANGELES--(BUSINESS WIRE)--Dec. 15, 1999--Chequemate International Inc. (AMEX:DDD - news), doing business as C-3D Digital Inc., the world's first 3D television network and 3D Internet media company, and the Hotel Movie Network (HMN), C-3D's private television network dedicated to offering new video experiences, announced agreements with Twentieth Century Fox (NYSE: FOX - news) and Time-Warner's New Line Cinema (NYSE: TWX - news) to include the companies' first run movies on HMN.
The agreements will significantly increase the available offerings to guests. Hits such as ''Entrapment'', ''Lake Placid'' and ''A Mid Summers Night Dream'' are among the movies to be added to the HMN line-up. The announcement comes on the heels of HMN's expansion through the acquisition of the Capital Associates properties and is expected to help fuel the continued double-digit growth of HMN.
''Fox and New Line Cinema fit in perfectly with HMN's charter,'' stated J. Michael Heil, chairman and chief executive officer of C-3D Digital. ''Through partnering with these two media giants, we have taken another important step in our long term strategy. Our objective with HMN is to create the prototypical high-tech entertainment and information network.''
Heil continued, ''As a division of C-3D Digital, HMN enjoys a synergistic relationship with our other divisions, CD Television and 3D.COM. The benefits of these relationships are proving themselves through HMN's rapid revenue growth.''
C-3D Digital is a leading 3D media company that gives broadcasting and entertainment companies the ability to deliver 3D entertainment to any standard television 24 hours a day. As a leading innovator of 3D-entertainment technology, C-3D Digital is the first television network to offer 3D programming exclusively to satellite and cable television subscribers. Additionally, the company operates an Internet subsidiary company, 3D.COM. C-3D Digital maintains offices in the Los Angeles, California; St. George, Utah; and Phoenix, Arizona areas.
This news release may contain forward-looking statements made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the Company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the Company, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in C-3D Digital's periodic filings with the U.S. Securities and Exchange Commission.
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Contact:
National Financial Network
Geoffrey Eiten, 800-344-1288/781-444-6100 ext. 13
geiten@otcfn.com
or
C-3D Digital
Gwendolyn Oliver, 310/823-4957
investors@3d.com
www.3d.com and www.otcfn.com/ddd
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