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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Ng who wrote (69369)	11/2/2000 11:26:47 AM
From: Eric Fader	Respond to of 150070

LOL, you're right - amazing how this market fails to respond to good news. Maybe part of the problem is that that release went on forever and the best parts of it were toward the end. But I'm in PCTR for the long haul even though I thought there was a trade in it for you guys. BTW here's their second release of the day: Perceptronics Relocates to Beverly Hills, California BEVERLY HILLS, Calif., Nov. 2 /PRNewswire/ -- Perceptronics, Inc. (OTC Bulletin Board: PCTR) today announced that it has moved its corporate offices and software development and production facilities to a new location in Beverly Hills, California. The Company's address and contact information is: Perceptronics, Inc. 400 South Beverly Drive, Suite 100 Beverly Hills, CA 90212 TEL: 310-229-9860 FAX: 310-552-4765 Richard Moskowitz, Perceptronics' CEO, said: "Our new West Side Los Angeles location puts us closer to the main Internet developer and user communities in the area. This gives the Company quick access to many of its current and potential strategic partners and customers -- for instance, we are just across the street from DNA Studio -- and also makes it easier to recruit new talented technical and management personnel. In addition, our location is in the heart of the Hollywood entertainment industry. The Hollywood connection is a key component in our IC3D Framework marketing strategy, due to its many multimedia online applications and its high degree of visibility both nationally and internationally." Dr. Gershon Weltman, president and chairman, added: "We were fortunate to find an open, creative, Perceptronics-style place in a great neighborhood that perfectly fits our new Company direction, and are pleased to be bringing our Internet collaboration business activities to Beverly Hills after operating for so long in the San Fernando Valley." Perceptronics' business is to develop, produce and market software products and services that allow Web site developers and owners to create online collaborative experiences that meet the growing demand for expanded multi-user interactivity on the Internet. A description of the Company's IC3D Technology is found at ic3d.perceptronics.com, and online demos are available by special appointment. For additional information, please contact the Company. Safe Harbor Statement: Statements by Mr. Richard Moskowitz and Dr. Gershon Weltman, as well as the above statements regarding the Company's expectations about growth and marketing strategies, new and existing products, and future financial performance are Forward Looking Statements that are subject to a number of risks and uncertainties. These risks and uncertainties include, without limitation: (1) technological factors affecting the development and commercial fielding of the IC3D Framework; (2) competitive factors in the Internet industry, including the ability of the Company to compete against larger, well-funded companies; (3) cash flow factors affecting the Company's operations; (4) the ability of the Company to obtain required financing, that would affect further development and marketing of the IC3D Framework; and (5) competitive factors and contracting contingencies in the defense simulation industry and in particular in the international defense business. 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- 11/02/2000 /CONTACT: Dr. Gershon Weltman of Perceptronics, Inc., 310-229-9882, or fax, 310-552-4765, ic3d@perceptronics.com/ (PCTR) CO: Perceptronics, Inc. ST: California IN: CPR MLM SU: