ARC International's Michigan Ice Skating Facility Merges With Local Competitor.

Business Editors

EAST LANSING, Michigan/TORONTO, Ontario--(BUSINESS WIRE)--Feb. 2, 2000

- Combined Enterprise is East Lansing's Premiere Skating Center -

ARC International Corporation (AMEX: ATV), a developer and operator of ice skating facilities with significant equity stakes in Ballantyne of Omaha (NYSE:BTN) and Cabletel Communications Corp. (AMEX:TTV), today announced a merger agreement between its East Lansing ice skating facility and the Lansing Ice Arena (LIA) , one of the most established skating facilities with annual revenues exceeding $500,000. Financial terms of the cash and stock agreement were not disclosed.

Upon closing its doors today after 28 years of service, the LIA will transfer all of its contract ice schedule representing approximately 50 hours of pre-sold contract ice time per week - to ARC's East Lansing facility. LIA customers include the Greater Lansing Hockey Association, the Lansing Figure Skating Club, the Lansing Senior Hockey League and various learn-to-skate programs. Skating schedules are expected to remain largely unchanged. Lyle Miller, the founder and President of the LIA, will join the ARC facility as a full-time programming consultant, while senior members of his staff will fill key management positions.

Arnold S. Tenney, Chief Executive Officer of ARC, commented, &uot;We are thrilled to have Lyle Miller and his LIA join ARC in a complementary partnership that will achieve together what was not possible apart: a state-of-the-art, world-class skating center with a neighborhood feel and sense of history. Combining our facility and amenities with the LIA's community presence, people and reputation for service creates an unrivaled facility in the greater Lansing area.&uot;

First opened in January 1999, the 90,000 square-foot ARC arena features two NHL regulation-sized pads of ice with capacity to seat 800 spectators, 13 pro-style dressing rooms, a skate changing area, an arcade , party rooms and a Stanley's pro shop. A sports-themed lounge is also planned. The complex is located on an eight acre site in Meridian Township adjacent to the 275,000 square foot Michigan Athletic Club.

Lyle Miller added, &uot;After 28 years of building the LIA into a neighborhood fixture and teaching many of Lansing's youth to skate, it's a pleasure to pass the torch to ARC International, a well-regarded company known for its commitment to community service. I'm confident that all of our user groups and patrons will be well served by this merger with ARC, and look forward to continuing my association with them as we write the next chapter of this story.&uot;

John Cook, Director of North American Arena Operations for ARC concluded, &uot;We couldn't have found a better partner than Lyle Miller and his team from the LIA. Their presence will ensure a smooth transition for their skating customers, both for user groups who know and trust their management style, as well as for recreational skaters who can benefit from their programming expertise.&uot;

ARC International Corporation is a leading developer and operator of, and full-service equipment supplier to, ice skating facilities in North America with six locations featuring 16 surfaces of ice. ARC also has significant equity holdings in Cabletel Communications Corp., Canada's leading supplier of broadband equipment, and Ballantyne of Omaha, America's leading manufacturer of motion picture projection and specialty entertainment lighting equipment. Additional corporate information is available at the Company's web site - http://www.arc-atv.com.

Except for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings. Actual results may differ materially from management expectations.