DDD-This is BIG news and the beginning of the future EXTREMELY UNDERVALUED @ 3 --- Thursday December 16, 10:56 am Eastern Time Company Press Release C-3D Digital Divisions 3D.COM and C-3D Television Team to Launch Gamers Network --World Virtual Reality League to Offer Web 3D VR Games and 3D Television Series-- LOS ANGELES--(BUSINESS WIRE)--Dec. 16, 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, announced the formation of World Virtual Reality League (WVRL), an online game network and TV series developed by two of C-3D's business divisions 3D.COM and C-3D Television.
The initial trial of the system debuted on Wednesday, December 15th at the Western Cable show in Los Angeles. Future plans for the system call for fully interactive, real-time 3D games to be played over the Internet in stereoscopic 3D. In conjunction with the Web-based gamers network, 3D.COM's sister division C-3D Television is previewing a weekly stereoscopic television show ''WVRL Arena.''
VA Linux Systems (NASDAQ:LNUX - news) equipment has been selected as the backbone of the WVRL online network. The use of Linux for the game server systems creates a highly reliable, fault tolerant platform for controlling multiple players on the World Wide Web. Users can participate in the game or watch as an observer. When coupled with C-3D's stereovision glasses, users can play in full stereoscopic 3D.
''Our test pilot was amazing,'' stated Ken Bringhurst, president of 3D.COM. ''We were able to play in 3D over the Web using our C-3D stereo viewer equipment. From there we were able to create of a pilot 3D television show based on the real-time computer game play. The combination was incredible. We expect our convergence of television and the Internet will create a new genre for the exploding game market.''
The WVRL online game and television show will follow a professional wrestling style format with ongoing story lines and well-established characters. Game participants can play online against their favorite characters or versus individual players on the Web.
''The response at the Western Cable show has been exciting,'' commented J. Michael Heil, chairman and chief executive officer of C-3D Digital. ''Combining television with a Web-based game network has been a real hit with cable system providers. Convergence is moving from a buzz word to reality and the benefits of cross-promotion are finally coming into focus.''
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 offers the first television network with 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.
For more information, see www.3d.com and www.otcfn.com/ddd
-------------------------------------------------------------------------------- Contact:
National Financial Network C-3D Digital Geoffrey Eiten Gwendolyn Oliver Investor Relations Director of Marketing 800-344-1288/781-444-6100 ext.13 310-823-4957 geiten@otcfn.com investors@3d.com
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