C-3D Digital Inc. Announces Quarterly Revenues Increase.

Business Editors

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Nov. 16, 2000

Chequemate International (AMEX:DDD) dba C-3D Digital Inc. announced that its quarterly earnings ended September 2000 exceeded $1,000,000, a significant improvement from the previous quarter.

Recent restructuring has significantly reduced expenditures and should be noticeable in the next quarter.

Sales for the thee months ended Sept. 30, 2000 were $1,091,316 compared with $842,177 for the same period in 1999, resulting in an increase of $249,139, or 30%. Cost of goods sold for the three months ended Sept. 30, 2000 was $240,100 ,or 22% of sales, compared with $249,105, or 30% of sales for 1999. Gross margin was $857,216, or 78%, of sales and $573,572, or 70%, of sales for the same periods respectively.

"We are greatly encouraged about the future," stated J. Michael Heil, president and chief executive officer of C-3D Digital. "With our recent restructuring and our current discussions regarding direction of the company, we are very positive about the potential of 3D media and the continuing developments with our other media divisions."

C-3D Digital is a leading innovator in media content creation and technology for 3D imagery and virtual reality entertainment for television and the Internet. The company operates the C-3D Television Network, the world's first and only broadcast network to offer stereoscopic 3D programming; 3D.COM, its Internet subsidiary and home to the virtual reality/3D portal/e-commerce community center on the Web; the Hotel Movie Network, a private broadcast network focused on the hospitality industry; and other distribution holdings that focus on the deployment of company content and resources. For more information, visit www.3d.com.

This news release includes forward-looking statements that are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in C-3D Digital's periodic filings with the U.S. Securities and Exchange Commission. All filings can be found under Chequemate International dba C-3D Digital Inc. in the Edgar filings with the SEC.