Activeworlds.com, Inc. and Columbia Pictures Team Up for the Virtual Premier of "The Thirteenth Floor" to Debut May 24th.

NEWBURYPORT, Mass--(BUSINESS WIRE)--May 20, 1999--

Historic Event Marks Hollywood's First Major Motion Picture

Premier on The Internet

Activeworlds.com, Inc. (OTC Bulletin Board: AWLD) (the "Company") announced today, that it has developed the "virtual premier" of The Thirteenth Floor, a major sci-fi motion picture in conjunction with the Columbia TriStar Interactive division of Columbia Pictures, a subsidiary of Sony Entertainment (NYSE: SNE), and Centropolis Interactive and will be premiered over the Internet, at www.thethirteenthfloor.com, on Monday, May 24th. at 9:00p.m. (Eastern Time). This important landmark in entertainment history represents Hollywood's first pairing of the established medium of the motion picture and the far-reaching power of the Internet, with Activeworlds' proprietary 3-D technology leading the way in creating the "virtual premier".

Cyber-viewers around the world will be able to experience first-hand all of the excitement, exhilaration and glitz of a live Hollywood premier, in all it's splendor. Attending the premier will be the stars of the movie, Craig Bierko, Vincent D'Onofrio, Gretchen Mol, and Dennis Haysbert, as well as many of entertainment's biggest stars, including Martin Lawrence, Jean Claude Van Damm, Jennifer Love Hewett, and Sarah Michelle Geller. The virtual experience will include close-up views of the stars, as they arrive at the premier. Viewers will have the opportunity to participate in interactive discussions with both the stars of the movie, as well as the makers of the film. Furthermore, anyone logging on will be able to walk along side the stars on the "red-carpet". The "Virtual Premier" will include bleachers for the fans, and journalists who will be able to conduct a live Question and Answer "chat" with the stars as they arrive at the festivities. For the first time, cyber-viewers will also be able to directly access a "movie-trailer", featuring actual film footage of the "Thirteenth Floor" from the convenience of their own personal computers.

J.P. McCormick, Chairman and CFO of Activeworlds.com, Inc. commented, "We are extremely excited to join forces with Sony Entertainment in creating this landmark event in filmmaking history. The Internet offers a virtually endless array of possibilities as a communications and entertainment medium. The convergence of the Internet and the motion picture is a significant accomplishment for our Company and a major breakthrough for the entertainment industry. We created a fully interactive virtual environment which will allow the viewer to experience all the excitement of a Hollywood premier, to walk down the "red carpet" and chat with the "stars" from the convenience of their own computers. We are excited by the overwhelmingly favorable response we've received in the media, regarding the "virtual premier", and have been recently interviewed by several leading nationally syndicated entertainment news shows. We are currently pursuing other lucrative opportunities utilizing our proprietary 3-D technology to lead in the development and delivery of "virtual entertainment", across a broad spectrum of entertainment media".

Activeworlds.com, Inc. is a leading developer of three-dimensional (3-D), "community- based" environments on the Internet and among the only technology platform's developed that is completely interactive, operating in real-time 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 approach that enables the individual and business users to create rich and compelling online 3D worlds. The Company's 3D multi-user environment, Activeworlds.com, is leading the trend towards "social" computing 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 of shared environments on the Internet in real time.

This statement may contain certain forward-looking statements, which may involve known and unknown risks, uncertainties, and other factors not under the Company's control which may cause actual results, performance and achievements of the Company to be materially different from the results, performance, or expectations of the Company. These factors include, but are not limited to those detailed in the Company's periodic filings with the Securities and Exchange Commission.