Cinema Ride and Dave & Buster's Extend Relationship; Cinema Ride and Dave & Buster's Execute a Letter of Intent to Install Five More 3-D Simulation Attractions.

Business Editors

STUDIO CITY, Calif.--(BUSINESS WIRE)--June 7, 2000

Cinema Ride Inc., (OTC:Move.OB) announced that it has entered into a Letter of Intent with Dave & Buster's to extend their relationship by installing Cinema Ride's 3-D motion simulator attractions into five more Dave & Buster's facilities.

While the companies hope to open all five attractions this year, each location will be subject to mutual approval of the parties.

The two companies are already joint venture partners, operating a successful Cinema Ride 3-D motion simulator attraction in Dave & Buster's Marietta, Ga. facility.

"We at Cinema Ride are very excited about furthering our relationship with Dave & Buster's," said Mitch Francis, chairman and chief executive officer. "Dave & Buster's is the leading upscale restaurant/entertainment concept and being a significant component within their stores is something we consider to be both a great compliment and a great challenge."

"The Dave & Buster's staff asked us to create a new, more compact version of our 3-D motion simulator attraction to physically fit into a broader range of their facility requirements," Francis continued. "We answered with a new design that incorporates an electronic, six degrees of freedom motion base that seats eight customers. Of course, the attraction will feature our patented 3-D system, our all 3-D ride film library, fully digital show control and sound system and '4-D' features such as wind machines to enhance the experiences."

Dave Corriveau, co-founder of Dave & Buster's said, "Our guests have come to expect the latest in cutting edge technology at Dave & Buster's, and the Cinema Ride simulators are something that they will definitely get excited about."

Cinema Ride develops, owns and operates motion simulation theater attractions at leading destination sites in the U.S. and Canada such as The Forum Shops at Caesars in Las Vegas, the West Edmonton Mall in Alberta, Canada and the Jersey Gardens Mall, just outside of Manhattan. The company's 3-D motion simulation attractions feature six-axis, military-quality type flight simulator hardware that is computer-programmed to move in concert with action viewed on a motion picture screen. The Cinema Ride facilities were the first to feature 3-D ride films and utilize the company's patented 3-D system. The company's all 3-D library includes such titles as "Atlantis Submarine Race," "Runaway Coasters," "Haunted Graveyard Run," "Galactic Flight" and "Warren Miller's Ski Ride."

Visit Cinema Ride on the Internet at www.cinemaride.com.

NOTE: Except for the historical information contained herein, the statements made in this release constitute forward-looking statements that involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, and the other risks detailed from time to time in the company's reports on file at the Securities and Exchange Commission.