Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PCTR-Perceptronics -- Ignore unavailable to you. Want to Upgrade?

To: Eric Fader who wrote (122)	3/2/1999 1:26:00 PM
From: Gerald Merna	Respond to of 710

PR NEWSWIRE) Perceptronics Shows IC3D Technology at International VRML99 Perceptronics Shows IC3D Technology at International VRML99 Conference WOODLAND HILLS, Calif., March 2 /PRNewswire/ -- Perceptronics, Inc. (OTC Bulletin Board: PCTR) announced today that it successfully showcased its IC3D(TM) Technology for Internet Collaborative 3D at the international VRML99 conference, held in Paderborn, Germany, during February 24-26, 1999. Dr. Gershon Weltman, Perceptronics' chairman and chief executive officer, said, "The VRML99 Conference was an important milestone on our IC3D roll-out schedule, and our technical team did a great job in meeting it. Response to the IC3D Technology was fully positive, and the Perceptronics VRML99 team made many valuable business and technical contacts. "The VRML Conference is a yearly event attended by more than 300 of the leading developers of Internet technology and 3D applications," continued Dr. Weltman. "Perceptronics presented IC3D at its dedicated exhibit booth and at the Web3D Roundup. The Web3D Roundup is a fast-paced public forum featuring many of the world's leading VRML accomplishments. We were honored to be included in this premier event, since over half the Web3D Roundup applications were not accepted. "Perceptronics demonstrated its IC3D Technology using the Head of the River Challenge (HOTRC). HOTRC is a collaborative 3D rowing simulation that allows multiple players, operating from separate Internet computers to row together in the same shell, and race against live or automated players in other shells. The Web3D Roundup HOTRC presentation was done in real time on a large screen before a highly sophisticated audience, and the Perceptronics team carried it off without a hitch. "HOTRC was created together with Shout Interactive of San Francisco as a proof-of-concept demonstration of Perceptronics IC3D/InterGame Platform. Shout Interactive is the leading developer of innovative 3D Web sites. More information about Shout Interactive can be found at shoutinteractive.com. "Our presentation at VRML99 is one of a number of presentations planned this year for technical conferences and commercial trade shows," Dr. Weltman concluded. "The publicity and contacts generated by these presentations will help the launch of our IC3D products and services. These are described on our IC3D web site, which also contains a scaled-down version of HOTRC." The IC3D/InterGame architecture has its origins in well-established DoD protocols for high speed communication in networked virtual simulation, and also accommodates open Internet tools such as VRML and standard browsers. The success of the HOTRC demonstration shows how this powerful architecture can help establish next-generation collaborative 3D applications for education, commerce and communication, as well as for entertainment. Perceptronics performs research and development and manufactures and markets computer-based simulation systems for military and commercial training and decision support. Further information about Perceptronics can be found on the Internet at perceptronics.com. A description and demonstration of the IC3D(TM) technology can be 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. -0- 03/02/99 /CONTACT: Dr. Gershon Weltman of Perceptronics, Inc., 818-884-7470 or fax, 818-340-6067/ /Web site: shoutinteractive.com /Web site: ic3d.perceptronics.com /Web site: perceptronics.com (PCTR) CO: Perceptronics, Inc.; Shout Interactive ST: California IN: CPR SU: * end of story *