ARC International Opens Second U.S. Ice Skating Facility in Chesapeake, Virginia.

CHESAPEAKE, Virginia & TORONTO, Ontario--(BUSINESS WIRE)--Dec. 15, 1998--

- John Cook Named Director, North American Arena Operations -

ARC International Corporation (AMEX: ATV) today opened a state-of-the-art ice skating facility in Chesapeake, Virginia, its second such facility in the United States. The Company also appointed John Cook to oversee all of its North American arena operations, including its facilities in Toronto, Ontario and Rockville, Maryland.

The 89,000 square-foot hockey and figure skating arena features two NHL regulation-sized sheets of ice with capacity to seat 400 spectators, twelve dressing rooms, a training room, a skate changing area, an arcade and party rooms. A Stanley's pro shop and sports-themed restaurant will be added shortly. It is located on a six acre site in the Greenbrier area of Chesapeake adjacent to a Regal Cinemas multiplex theater and "FunScape" location.

ARC currently owns and operates one U.S. skating facility outside of Washington, D.C. in Rockville, Maryland and three skating complexes in the Toronto metropolitan area. The Company is nearing completion of its third and fourth U.S. skating facilities in East Lansing, Michigan and Danbury, Connecticut.

Arnold S. Tenney, Chairman and Chief Executive Officer of ARC International Corp., commented, "John was a natural choice to oversee our expanding network of arena operations. His depth of management experience will be a tremendous asset to the Company as we open new facilities and execute our development program."

Mr. Cook brings extensive recreation facility management experience to his new role as Director of North American Arena Operations. He has managed ARC's Westwood arena since 1978, and in 1995 he was chosen to oversee all three of ARC's Toronto skating center operations which together draw over 1 million patrons annually. Between 1987 and 1993, he also directed the Wendel Clark and Doug Gilmour summer hockey schools in the Toronto area. He is a former assistant hockey coach at Humber College, from which he graduated in 1977, and has played professional hockey in the United States, Canada and Europe.

Mr. Cook added, "I'm thrilled to expand my role within ARC International, particularly as we open the first of our 1998 facilities in Chesapeake. Unlike ice-belt communities with strong skating traditions, Chesapeake is a largely untapped market, offering ARC the opportunity to build its customer base from the ground up. By creating our own hockey leagues, learn-to-skate and school recreation programs and offering more public skating, we can truly become the community's premiere recreation and entertainment venue and tailor programming for maximum benefit."

ARC International Corp. is a leading developer and operator of, and full-service equipment supplier to, ice skating facilities in North America. 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, the commercial viability of its U.S. ice skating facilities, quarterly fluctuations in its subsidiary's operating results 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.