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Microcap & Penny Stocks : PCTR-Perceptronics

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To: GARY P GROBBEL who wrote (136)3/16/1999 1:11:00 PM
From: Gerald Merna  Read Replies (1) of 710
 
(COMTEX) B: PERCEPTRONICS DEMONSTRATES OPERATION ON INTERNET
B: PERCEPTRONICS DEMONSTRATES OPERATION ON INTERNET

of IC3D/InterGame Platform for Collaborative 3D

WOODLAND HILLS, Calif., March 16 /PRNewswire/ -- Perceptronics, Inc.
(OTC Bulletin Board: PCTR) announced today that it successfully
demonstrated operation of its IC3D(TM)/InterGame Platform for Internet
Collaborative 3D in a fully Internet-connected mode. In the
demonstration, Perceptronics' Head-of-the-River Challenge (HOTRC), a
multi-person virtual rowing game jointly developed with Shout
Interactive, was played over the Internet using dial-up connections.

Dr. Gershon Weltman, Perceptronics chairman and chief executive
officer, said, "This successful demonstration is a major milestone in
our product development process. The present demonstration proves that
our IC3D/InterGame Platform -- which combines the latest Run Time
Infrastructure (RTI) implementation of the DoD's High Level
Architecture (HLA) with open Internet standards such as Java, VRML 2.0.
and Netscape -- will operate on the Internet as we have planned," said
Dr. Weltman.

"Perceptronics' adaptation of the HLA/RTI communication architecture
for Internet use imparts significant commercial advantages to our
IC3D/InterGame Platform. These advantages include built-in
scalability, extensibility and interoperability, as well as more
cost-effective initial development and subsequent expansion,
enhancement and reuse of Collaborative 3D applications. The success of
the present demonstration shows clearly how this powerful architecture
can help establish next-generation Internet Collaborative 3D
applications in our chosen initial market areas of entertainment,
education, commerce and communication."

"The first demonstration of the Perceptronics IC3D/InterGame Platform,
was announced on November 30, 1998. It showed that it could be used by
an Internet developer such as Shout Interactive, the leading developer
of innovative 3D Web sites, to create a truly collaborative shared 3D
virtual experience -- the HOTRC game -- played over a local area
network. The second demonstration, announced on February 3, 1999,
showed that a one-station version of the HOTRC game could be
down-loaded from our special IC3D Web site."

"In the present Internet-based demonstration, two users with preloaded
HOTRC software play the virtual rowing game using dial-up connections
to the Internet through a commercial ISP. The users arrange their
set-ups, then collaborate online in rowing a two-man shell -- racing
against a computer-automated crew rowing a second two-man shell. The
HOTRC rowing simulation requires close coordination of rowing stroke
timing and power in order to move the shell forward straight and fast.
The Internet-connected users are able to accomplish this at a high
level of performance, and with no apparent degradation due to
communication delays or lags."

"These results are very positive," continued Dr. Weltman. "But more
development and testing effort is required, particularly in the area of
streamlining the user set-up procedures, in order to support a
multi-station HOTRC demonstration on our IC3D Web site, as planned.
This work is in progress. At the same time, we are working to further
develop our IC3D Interim Products, which we are currently offering
along with total Internet Collaborative 3D Solutions to forward-looking
customers."

Perceptronics performs research and development and manufactures and
markets computer-based simulation systems for commercial and military
users worldwide. A description of the IC3D(TM)/InterGame project and
technology and a demonstration of the Head of the River Challenge game
-- along with product and service contact information -- can be found
at ic3d.perceptronics.com. Further information about
Perceptronics, the company, can be found 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- 03/16/99 /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)
CO: Perceptronics, Inc.; Shout Interactive ST: California IN: CPR

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