16 May, 2003 Visionmax International Limited ("VMIL") a supplier of Integrated Multi-Channel Visualization Systems for Multi-media and 3D Graphics, introduced its first PC-cluster system in Europe at the Laval Virtual Exhibition in Laval France on Tuesday, 14th May. The VisionMax VM3100 system, a 3-channel Passive Stereo solution, was demonstrated by VMIL's newly appointed French partner, Immersion SA.

Commenting on the launch at Laval, Christophe Chartier, the Founder of Immersion SA, said:

"The VisionMax¢â system was very well received and we have high hopes that it will be a very successful addition to our product range. This is the easiest product that I have ever had to set up at an exhibition - it really is plug and play! Moreover, we were able to directly import a number of demonstration software applications from packages such as TGS AmiraVR that had never previously been tested on the system. I am looking forward to working with VMIL to make this product a success."

Ben Vaughan, VMIL's Managing Director, added:

"We are delighted that Immersion will work with us as our partner in France. Over the last ten years, Christophe has steadily built his business and the Company is now one of the best known and most established French providers of visualization hardware, software and solutions.

"The VisionMax¢â system was very well received at the Exhibition and is going straight from Laval to a major University for extensive evaluation. We are hopeful that we will be able to make rapid in-roads into the market, which has expanded rapidly in recent years as a result of the massive advances in PC graphics processing power. The range of applications and markets for these products is already significant and will only get larger as Commercial-off-the-Shelf graphics technology continues to improve."

The VisionMax¢â systems support all general media including real time 3D graphics, TV, Video, DVD and all common movie formats and can be delivered in a range of configurations depending on the user requirements.

For further information about the VisionMax¢â systems, please see notes below.

Notes to Editors

VMIL was established as a joint venture in June 2003 to manage the international sales, marketing and distribution of the VisionMax¢â range of PC-cluster Visualization Systems developed and produced by Hi-Tech Media Co., Ltd of Korea.

The directors of VMIL are Ben Vaughan and Bong-Soo Youn. Mr Youn is the Founder and Chief Executive of Hi-Tech Media Co., Ltd. Mr Vaughan has been in the Visualization Industry for more than a decade. He was the head of External Affairs for Virtuality Group PLC, a co-founder and VP of Retinal Displays Inc and a Vice-President of InterSense Inc.

VisionMax¢â Systems

All VisionMax¢â products consist of a Master computer that controls the entire system and a variable number (up to a maximum of 64) of slave computers that are used to render the images. The Master computer is used to control the software functionality and to send image processing information to the Slaves. Each Slave is responsible for rendering part of the overall image that is to be displayed while the NOVA Infinity software (see below) ensures that the multiple images are overlapped, edge-blended and displayed as a single, cohesive whole.

The systems are delivered with the NOVA Infinity multi-channel visualization software. This powerful visualization package is compatible with the model data from most popular 3D modeling, animation and simulation software packages and allows users to display model data and rendered images across single or multiple planar, cylindrical or spherical display screens. The software has a range of special features including perspective correction, non-linear distortion correction, seamless edge blending (video, DVD and 3D graphics) and support for most 3D-interaction devices. Moreover, the 'plug and play' nature of the GUI means that no training is required and VisionMax¢â users can simply load their applications on to the system and immediately display them as stereo flythroughs.