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Microcap & Penny Stocks : PCTR-Perceptronics

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To: dale berman who wrote (49)2/19/1999 10:30:00 AM
From: GARY P GROBBEL  Read Replies (2) of 710
 
Things are really shaping up here folks:

Perceptronics Receives $0.5 Million Contract for
Continued R&D in Networked Simulation

WOODLAND HILLS, Calif., Feb. 19 /PRNewswire/ -- Perceptronics, Inc. (OTC Bulletin Board: PCTR - news) today
announced that it had received a contract for approximately $0.5 million from the U.S. Army's Simulation, Training and
Instrumentation Command (STRICOM) to perform research and development in the area of networked simulation.

Under this contract, funded by the Defense Modeling and Simulation Office (DMSO), the Company will work on advances in
the High Level Architecture (HLA) being developed by the Department of Defense to enhance the connection of large numbers
of military and other simulators. The HLA is the next- generation replacement for the Distributed Interactive Simulation (DIS)
protocols, presently used by industry and government to permit diverse simulators, created by separate groups, to work
effectively together on the same virtual battlefield.

The present award extends work by Perceptronics on Data Distribution Management, a service of the HLA's Run Time
Infrastructure (RTI). Data Distribution Management transmits only relevant simulation exercise data and only to selected
participants. It reduces the amount of information being transmitted, and therefore speeds up performance of the simulation by
using the available bandwidth more effectively. Perceptronics will perform work on ''use cases'' which reflect characteristics of
actual simulation scenarios, and will conduct experiments to determine RTI performance under those scenarios.

Perceptronics will also apply its IC3D(TM) Technology for Internet Collaborative 3D to various virtual environments for
military simulation and training. IC3D combines the HLA protocols with open Web standards to permit multiple users to share
and interact in virtual 3D environments. IC3D development and commercialization is being done with funding from a Small
Business Innovation Research (SBIR) contract from STRICOM, a grant from the California Technology Innovation Partnership
(CalTIP) and outside investment. The IC3D Technology will be applied to military simulations developed under HLA
standards. Making such simulations available over the Internet would allow training exercises to be readily conducted with
widely dispersed participants.

Perceptronics performs research and development and manufactures and markets computer-based simulation systems for
military and commercial training and decision support. Information about Perceptronics and its products is found on the Internet
at perceptronics.com. A description and demonstration of the IC3D(TM) Technology is found at
ic3d.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.
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