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To: GARY P GROBBEL who wrote (1148)2/3/1999 12:50:00 PM
From: Madeleine Harrison  Read Replies (2) of 1530
 
Hog Dog! Look at this on our old favorite:

PCTR .83 x .88
800,000 float


(PR NEWSWIRE) Perceptronics Creates New IC3D Web Site for Internet Collabo
Perceptronics Creates New IC3D Web Site for Internet Collaborative 3D
Technology

WOODLAND HILLS, Calif., Feb. 3 /PRNewswire/ -- Perceptronics, Inc.
(OTC Bulletin Board: PCTR) today announced it has opened a special Web site in
response to the large amount of interest shown in its IC3D(TM) Technology for
Internet Collaborative 3D, including the InterGame Framework and related
products and services. Perceptronics' new IC3D(TM) Web site can be found on
the Internet at ic3d.perceptronics.com.
Dr. Gershon Weltman, Perceptronics' chairman and chief executive officer,
said, "The new Web site provides an effective way for us to communicate our
IC3D capabilities. Our targets are the people and organizations that already
know something about the IC3D Technology Perceptronics is developing -- and
the many more who should know, because of the great benefits IC3D can bring to
their Internet applications. Our site will evolve continuously as our
technology and product line develops."
"The most important feature of the IC3D Web site is the detailed
description and initial 'hands-on' demonstration of our Head of the River
Challenge collaborative rowing game," said Dr. Weltman. "Head of the River
Challenge, or HOTRC, was created together with Shout Interactive of San
Francisco as a proof-of-concept demonstration of Perceptronics' InterGame
Framework. It is a leading-edge 3D virtual rowing simulation that allows
multiple players, operating from separate computers on the Internet, to row
together in the same shell, and race against live or automated players in
another shell.
"By showing how remote users can truly collaborate via the Internet to
affect 3D virtual objects in a 3D virtual environment, the HOTRC game
illustrates the unique advantages that fully-immersive shared virtual
experiences can bring to Internet applications."
"The IC3D Web site contains a version of the HOTRC game that allows two
players to collaborate in the rowing task using one computer, or even one
adept player to experience the collaborative action by himself or herself.
The initial Web demonstration is less complete than the multi-station version
available at Perceptronics. Nevertheless, it does effectively show the
collaborative capabilities of the IC3D simulation, and that these capabilities
can be realized using open resources readily available on large numbers of
Internet-linked PCs. Our plan is to install a multi-station demonstration of
HOTRC on the IC3D Web site in the future."
"The IC3D Web site emphasizes the revolutionary benefits that
Perceptronics' IC3D Technology brings to 3D interactivity on the Internet,"
continued Dr. Weltman. "It also provides valuable background on the IC3D
Technology. This includes its origins in powerful, well-established DoD
communication protocols for large scale networked simulation, as well as its
architecture -- which incorporates Java, Living Worlds, VRML, standard
Internet browsers, and the InterGame Framework. The site outlines the
benefits of Perceptronics' IC3D Technology in the leading applications areas
of entertainment, education, communication and e-commerce, and describes the
application development services and interim products currently being offered
by the Company."
"We hope people will visit our new IC3D site," concluded Dr. Weltman, "and
contact us with feedback as well as with opportunities for service. We firmly
believe that Internet Collaborative 3D is not only the next big thing in the
rapidly expanding Internet market, but a truly better means of communicating
and interacting. It will help establish the 'digital communities' within
which a good part of the world's population will soon work, play and shop."
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 Perceptronics' 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.
-0- 02/03/99
/CONTACT: Dr. Gershon Weltman of Perceptronics, Inc., 818-884-7470, or
fax, 818-340-6067/
/Web site: perceptronics.com
/Web site: ic3d.perceptronics.com
(PCTR)
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