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Microcap & Penny Stocks : ITOY - Imagin.Net and Virtual Games, Inc -- Ignore unavailable to you. Want to Upgrade?

To: GARY P GROBBEL who wrote (319)	5/24/1999 9:51:00 AM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 340

Came out 5 min ago...stock at .65/.75... (BSNS WIRE) Virtual Games Inc. Signs Beta Site Agreement with Major New Virtual Games Inc. Signs Beta Site Agreement with Major New York City Arcade Business Editors and Entertainment Writers SAN JOSE, Calif.--(BUSINESS WIRE)--May 24, 1999--Virtual Games Inc. of San Jose, Calif. (OTC BB:ITOY) today announced that it has signed its first Beta Site Agreement with Lazer Park, a leading Family Entertainment Center located at 1560 Broadway in New York's Times Square, the "Crossroads of the World". "Lazer Park is one of New York City's major FECs. They are known for their showcasing of the latest technological platforms and games available today. They will be showcasing our VRX-633(TM) Virtual Reality Platform with our modified version of Rage Software's 'Incoming' game. "During the summer Beta Site period, Lazer Park will be collecting sales and reliability data for us so we can be assured that we have designed and built the most exciting and challenging virtual reality platform in the world. We want the players to be completely immersed in the most thrilling gaming experience of their lives", said Bruce Klein, President and COO of Virtual Games. "We are excited about entering into a business arrangement with Virtual Games to become the first Beta Site for their virtual reality platforms. We have one of the best amusement center locations in the world. "More than half a million people pass through our doors every year and we will be showcasing the VRX-633(TM) for every visitor's enjoyment. We expect that when the Beta Site period is over, that we will be one of Virtual Games' first customers", said Marc Epstein, co-owner of Lazer Park. Founded in 1997, Virtual Games Inc. is delivering on the promise of virtual reality(TM). An industry leader in the design, development, and manufacture of display and virtual reality technology, Virtual Games is bringing its Space Shuttle technology to the amusement industry, linking new dimensions of game immersion with unprecedented functionality in an open architecture arcade platform supported by its business partner, Compaq Computer. --30--ml/sf* cmf/sf CONTACT: Virtual Games Inc. Ray Gunther, 609/764-5225 (Marketing Information) or Market Pulse Journal Mike Behringer, 716/256-6498 (Financial Information) KEYWORD: CALIFORNIA NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED ENTERTAINMENT INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *