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VISIONS OF REALITY PARTNERS WITH KAISER-ELECTRO OPTIC INC. AND SENSE8 CORP. TO DEVELOP VIRTUAL REALITY-BASED ENTERTAINMENT

 SOUTH SAN FRANCISCO, Calif., March 15 /PRNewswire/ -- Visions of Reality Corp. today announced that it has established a strategic alliance with Kaiser Electro-Optic Inc. and an exclusive software licensing agreement with Sense8 Corp. to create virtual reality-based entertainment for the mass market.
 Under the agreements, Visions of Reality gains exclusive rights in the public entertainment market for Kaiser Electro-Optic Inc.'s head- mounted display technology and Sense8's WorldToolKit(TM) software development technology.
 Visions of Reality plans to launch its first product, a virtual reality-based game system, later this year, according to company President Dan Rice.
 "Kaiser Electro-Optic's and Sense8's technologies are considered to be at the forefront of the emerging virtual reality industry," Rice said. "The new agreements will allow Visions of Reality to deliver a total-immersion entertainment experience never before seen in the game industry."
 As popularized by William Gibson's science fiction novel "Neuromancer" and the recent Stephen King movie "The Lawnmower Man," virtual reality combines sophisticated computer graphics, three- dimensional display and motion-sensing to immerse the viewer in a computer-generated world.
 While virtual reality is already being used in financial and design applications, industry experts forecast that "clearly the most promising market for the technology is in the entertainment industry" (the Robb Report, October 1992).
 Based in Carlsbad, Calif., Kaiser Electro-Optic Inc. is a leading manufacturer of optical systems used in cockpit display systems and head-mounted displays for simulation systems and military aircraft. The company's advanced technologies are used in the U.S. military's F-18 and Stealth aircraft as well as in flight simulation.
 Kaiser Electro-Optic's agreement with Visions of Reality is one of the company's first forays into the commercial sector and the first in the entertainment market, President Jerry Carollo said.
 "Dan Rice is really a visionary ... we have taken our military technology and applied it to the commercial sector, specifically entertainment," Carollo said. "Our strategic partnership exemplifies the dual-use technology' President Clinton is now encouraging, and we expect entertainment to be a huge market for us."
 Sense8 Corp., a privately held company based in Sausalito, Calif., has created the industry's leading 3-D virtual reality software development program. The company recently licensed its technology to NASA to create a virtual reality-based robotics application for use in planetary exploration and has also developed applications for financial, architectural and design markets.
 South San Francisco-based Visions of Reality Corp. was founded in 1991 to develop and market virtual reality-based entertainment systems.
 -0- 3/15/93
 /CONTACT: Michael Fineman or Barbara Feder of Fineman Associates, 415-391-4744, for Visions of Reality/


CO: Visions of Reality Corp.; Kaiser Electro-Optic Inc.; Sense8 Corp. ST: California IN: CPR SU: LIC

JL -- NYMOON1 -- 5900 03/15/93 09:05 EST
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Publication:PR Newswire
Date:Mar 15, 1993
Words:445
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