Activeworlds.com, Inc. To Help Launch E-Learning Expo With EarthWeb and DiaLogos;.NEWBURYPORT Newburyport, city (1990 pop. 16,317), a seat of Essex co., NE Mass., at the mouth of the Merrimack River; settled 1635, set off from Newbury and inc. 1764. Its silverware industry dates from colonial times; textiles, scientific instruments, and electronic equipment , Mass.--(BUSINESS WIRE)--June 16, 1999-- Activeworlds Proprietary 3-D Platform Technology to Be Used To Create EarthWeb's First "Virtual" Educational Conference Center Activeworlds.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AWLD) (the "Company"), announced today that EarthWeb Inc. (Nasdaq: EWBX), the leading provider of business-to-business online services for the global information technology industry along with DiaLogos, an international IT education company that provides training to IT staffs of Fortune 500 companies have selected Activeworld's proprietary 3-D platform technology to develop and launch EarthWeb's first virtual conference, the "e-Learning Expo," on June 28, 1999. Activeworlds will create 3-D, virtual conference center, complete with training classrooms and an exhibit floor, which will enable students to directly talk with instructors, watch presentations, and view keynotes keynotes, n.pl in homeopathy, con-cise characteristic indications for a remedy. , with each participant assuming a live, interactive 3-D image. The e-Learning Expo will also include fully enhanced streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. and audio features. A complete description of the event can be found at: http://www.earthweb.com/corporate/events/eelu/current events.html JP McCormick Chairman of Activeworlds.com, stated, "Active Worlds continues to set new industry standards in the development of 3-D, virtual environments on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , for both education, industry and recreational purposes. Companies and educational institutions are quickly adopting Activeworlds as a valuable tool for distance training and education. We are pleased to join in the development of EarthWeb's first virtual learning center." The use of the Internet by institutions and corporations for distance learning and skill enhancement will continue to dramatically grow in importance as a major application of this new, dynamic medium. Activeworlds will set the industry standard for the creation of the interactive, virtual, classroom environments, in order to bring distance "Cyber-learning" into the mainstream of the educational system, as well as industry." Activeworlds.com, Inc. is a leading developer of three-dimensional (3-D), "community-based" environments on the Internet and among one of the only technology platform's developed that is completely interactive, operating in real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. to create a true to life virtual reality experience. Activeworlds.com, Inc. offers a complete range of client, server, and development applications in a turnkey See turnkey system. approach that enables the individual and business users to create rich and compelling online 3D worlds. The company's 3D multi-user environment, Active Worlds, is leading the trend towards "social" computing computing - computer in 3D, to create a sense of virtual reality. Activeworlds.com, Inc., has also developed a suite of software, clients, servers and authoring tools designed to allow people to communicate, play games and conduct business in an infinite number infinite number a number so large as to be uncountable. Represented by 8, frequently obtained by 'dividing' by zero. of shared environments on the Internet in real time. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Investors should carefully consider the preceding information as well as other information contained in this press release before making an investment in the Common Stock. Information contained in this press release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should," or "anticipates" or the negative thereof or given that the future results covered by the forward-looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future results covered in such forward-looking statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements. |
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