LMGR Signs Deal with Amplified Light Technologies, Makes Toronto Agreement.

Business Editors

BURLINGTON, Ontario--(BUSINESS WIRE)--Oct. 12, 2000

Light Management Group Inc. (OTCBB:LMGR) is pleased to announce that Amplified Light Technologies Corporation ("Amplified") has made an agreement with the City of Toronto for the immediate installation of one of LMGR's RGB Laser Projection Systems.

The system will be placed in The Great Hall of Toronto's Union Station on Front Street in the first week of November, 2000. This Toronto Union Station contract comes as part of a recently finalized $22 million deal LMGR has signed with Amplified -- an Oakville, Ontario-based marketing company -- whereby Amplified agreed to purchase a minimum of 10 RGB systems a year over the course of the next ten years. A second installation will be announced shortly.

Barrington Simon, CEO of LMGR, notes, "this agreement with Amplified serves the double purpose of generating significant revenue for the company and greatly expanding awareness of LMGR's technology among advertisers and venue-marketers throughout North America," adding that "Amplified's management and sales organization is superbly fitted to advance LMGR's strategy of combining high-end technology development with profitable growth. We're very happy that we are going forward and bringing our RGB Laser Systems to the market. We are already seeing the fruits of this relationship."

LMGR's proprietary RGB Laser-Projection System (RGB-LPS) produces graphic images in colorful and attractive designs that are utilized to market products on large-scale billboards. Objects can be displayed in 256 different colors with smooth color changes, fading, and color cycling. Software features of the RGB-LPS allow for images to be positioned, rotated, sized, scaled, distorted and morphed. This proprietary acousto-optic laser projection system works by a raster imaging process and allows for the projected images to be three-dimensional in appearance and to be active over the full screen size without "ghosting" or trailing of the laser image.

Don Iwacha, LMGR president, says that the Union Station concession is an excellent site with which to begin its active working relationship with Amplified: "Union Station is unsurpassed as an indoor marketing venue in Toronto. Twenty-four million commuters, travelers and visitors use Union Station each year; it is considered a major transportation hub in Toronto, serving as a terminal for rail and commuter services, as well as a vital link to the Toronto subway system and an important downtown connection to Pearson International Airport."

LMGR is a Nevada corporation specializing in the development of new applications of optical and light technologies. LMGR's breakthrough technology, which was originally developed in the former Soviet Union and brought to North America through the Company's Laser Show Systems (Canada) Ltd. subsidiary, employs sound waves to focus and direct lasers.

Note: This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by LMGR with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in financial results, dependence on new product development, rapid technological and market change, failure to complete the manufacture of network equipment on schedule and on budget, financial risk management and future growth subject to risks, and adverse changes in the regulatory or legislative environment. LMGR undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.