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To: LANCE B who wrote (98813)1/3/2002 9:46:41 PM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
In tears..SVED TAKES A BIG DUMP AND SOARS 26%..LMAO

LOS ANGELES--(BUSINESS WIRE)--Jan. 3, 2002--Stereo Vision Entertainment Inc. (OTCBB:SVED) is pleased to announce script re-writes are completed and SVED founding partner Rick Ducommun is ready to continue developing his 3-D film "The Big Dump." "It's a positive life message film," explains Ducommun "centered around the grunge rock movement in Seattle. There's lots of snowboarding, and skateboarding, and rock and roll music. I think the soundtrack is going to be a big hit, and we'll also be able to cull a 3-D extreme sports short film for location based entertainment facilities that can generate ancillary revenues," concluded Ducommun.

Ducommun, who co-starred with Tom Hanks in "The Burbs" and has worked in films with many of Hollywood's headliners, including Bruce Willis, John Travolta, and most recently The Wayan Brothers in "Scary Movie," has agreed to enlist some of his Hollywood heavyweight pals to contribute performances to "The Big Dump." Stereo Vision will deploy its best people to handle the 3-D production side, including cameraman extrodinaire John Rupkelvis, who worked on "Terminator 2 3-D" when James Cameron hired Stereo Vision to do the 3-D, 35mm steadicam work on his big budget action film. Also, the legendary 3-D Guru Chris Condon will contribute his vast reservoir of knowledge to the project.

"I have the highest level of confidence in the management at Stereo Vision, and I'm very excited about working on the Ducommun film," Condon added. Of course everyone will be working under the watchful eye of the world's leading, quality 3-D film maker, and founding partner, Dan Symmes. The company anticipates a release early next year.

Safe Harbor Statement

Under the Private Securities Act of 1995: Statements in this press release that are not historical facts, including statements about plans and expectations regarding businesses and opportunities, demand and acceptance of new and existing businesses, capital resources, and future financial condition and results are forward looking. Forward looking statements involve risk and uncertainties including changing consumer preferences, lack of success of new businesses, loss of customers, competition, and other factors discussed from time to time in filings with the Securities and Exchange Commission.

CONTACT:

Stereo Vision Entertainment Inc., Los Angeles

Elizabeth Stolarski, 310/205-7998

KEYWORD: CALIFORNIA

BW2028 JAN 03,2002

4:29 PACIFIC

7:29 EASTERN