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ADVANCED GRAVIS AND FORTE TECHNOLOGIES ANNOUNCE NEW JOINT VENTURE FOR VIRTUAL REALITY SYSTEMS

 VANCOUVER, British Columbia, Jan. 6 /PRNewswire/ -- Forte Technologies Inc. ("Forte") and Advanced Gravis Computer Technology Ltd. (OTC Bulletin Board: GRVSF) ("Advanced Gravis") today announced they have signed a letter of intent to form a new joint venture to introduce new technology and products targeted at the consumer Virtual Reality market.
 The letter of intent calls for the formation and financing of a new company that Gravis and Forte would jointly own. The new entity would be the exclusive licensee and developer of the VR technology and products. Advanced Gravis will negotiate to acquire rights to manufacture and market products licensed from this venture. The formation of the venture is subject to the parties concluding formal agreements concerning the terms, conditions and financing of the new joint company, and the receipt of all regulatory and governmental approvals, as may be required.
 The first product from this proposed new company is the VFX1 being demonstrated this week in Las Vegas at the Consumer Electronic Show.
 The VFX1 is fully integrated interactive head mounted virtual reality system equipped with color 3D stereo display, proprietary 3D head tracker to detect head motion, and stereo sound, all packaged in a sleek ergonomic shell.
 "This level of integrated design with displays, head tracker, headphones, and PC interface video card, at a consumer price point, is unprecedented in this young VR market," explains Paul Travers, president of Forte Technologies.
 "The VFX1 system connects easily with existing PCs and entertainment software, so users can gain a whole new sense of realism. The full capability will come from true 3D VR software applications which are currently being developed," said Grant Russell, president of Advanced Gravis.
 The VFX1 is the first truly integrated full VR headset to enter the market at a target retail price of under $1,000. The product should be ready for introduction by fall 1994. Features include:
 -- Dual 0.7-inch color LCD displays that offer high quality 428 x 244 resolution;
 -- Provides an image equivalent to watching a 35-foot screen in 3D at a distance of 35 feet;
 -- High fidelity stereo headphones;
 -- Virtual Orientation System -- VOS(TM) head motion tracker provides roll, pitch, and yaw coordinates; and
 -- Compatible with existing Multimedia IBM PCs.
 The VFX1 is aimed at the PC market but is compatible with workstations or any device that utilizes a standard VGA card. There is also an option to accept NTSC or PAL video signals from home entertainment systems such as Sega(TM) and Nintendo(TM).
 -0- 1/6/94
 /CONTACT: Peter Matthews, Forte, 716-427-8595; or Grant Russell, Advanced Gravis, 604-431-5020/
 (GRVSF.) CO: Advanced Gravis Computer Technology Ltd.; Forte Technologies Inc. ST: British Columbia IN: CPR SU: JVN


LS -- LA034 -- 9987 01/06/94 21:06 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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