Vestor...I think at this juncture they are almost all worth watching while this run continues...here is one I have been waiting on...Perceptronics (PCTR OTC BB). Tech is completed and limited roll out due very soon...company is profitable, has bread and butter stable business, files w/Edgar, and only 5m shares out...
Perceptronics and Shout Interactive Collaborate on
InterGame Demonstration
WOODLAND HILLS, Calif., Oct. 13 /PRNewswire/ -- Perceptronics, Inc. (OTC Bulletin Board: PCTR - news) today
announced that it will collaborate with Shout Interactive, Inc., the premier designer of 3D Web applications to create an
Innovative Web demonstration for showcasing Perceptronics' InterGame(TM) Collaborative 3D platform.
Perceptronics' InterGame software tools and protocols, currently under development, will bring the many benefits of DoD's
High Level Architecture, combined with existing open standards, to the rapidly growing market segments for Collaborative 3D
on the World Wide Web. These market segments encompass entertainment, training and education, electronic commerce and
business communications -- each of which individually constitutes a multi-billion-dollar market. Collaborative 3D applications
on the Web are emerging as a primary vehicle for realizing the full potential of 3D visualization. Perceptronics intends to
address this opportunity by adapting its proprietary InterGame platform to capitalize on enabling technologies already in use by
tens of millions of end-users.
Dr. Gershon Weltman, Perceptronics' chairman and chief executive officer said, ''We are very enthusiastic about working with
Shout Interactive on our demonstration project. Shout Interactive, based in San Francisco, is one of the most imaginative,
productive and business-oriented companies in the 3D Web applications field. They have already designed and produced the
foremost 3D applications and interactive experiences for a variety of high profile customers. Melding the talents of Shout
Interactive with the capabilities of Perceptronics' InterGame development group is a logical step for us. In the present project,
Shout Interactive will act as a sub-contractor to Perceptronics; however, the Companies are thoroughly exploring a
longer-term business relationship which would include InterGame licensing and joint development and marketing of multi-player
experiences on the Web.''
''Perceptronics and Shout Interactive have together identified a plan that for the first time makes possible richly interactive,
multi-participant 3D solutions accessible via any standard Web browser. Limited roll-out to selected local viewers is scheduled
for November, 1998, with full-scale implementation for remote access scheduled for early 1999.''
Eric Anschutz, partner at Shout Interactive, added, ''We second Perceptronics' enthusiasm for this joint project, which will not
only offer a 'hands-on' feel for controlling the elements of a realistic and exciting 3D environment, but will also effectively
illustrate the broad range of applications made possible by the InterGame platform. The demonstration will incorporate a pair of
open Internet standards, Java and VRML 2.0, and make liberal use of the SCREAM authoring environment provided by
Shout Interactive. By showcasing a host of scalable, extensible and interoperable technology constructs, the InterGame
Demonstration will quickly gain recognition as the premier example of Collaborative 3D Computing on the Web today.''
Shout Interactive specializes in the development of high performance 3D content and tools for the Web. For more information
on Shout Interactive, please visit shoutinteractive.com.
Perceptronics performs research and development and manufactures and markets computer-based simulation systems and
software for military and commercial training and decision support. Further information about Perceptronics and its products
can be found on the Internet at perceptronics.com.
Statements regarding the Company's expectations about growth and marketing strategies, new and existing products, future
financial performance and other Forward Looking Statements are subject to various risks and uncertainties, including, without
limitation, technological factors, competitive factors, financing and cash flow factors, and uncertainties relating to foreign and
defense-related sales. These and other risks and uncertainties are discussed in greater detail from time to time in the Company's
SEC filings and reports.
SOURCE: Perceptronics, Inc.
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