Gamecom Announces Agreement Between Ferris & Chevrolet

Gamecom Announces Agreement Between Ferris & Chevrolet

GameComInc today announced that Ferris Productions has agreed with Chevrolet to produce and manufacture Chevrolet's Olympic Torch City Celebration Tour.

The Chevrolet Olympic Torch City Celebration Tour is scheduled to begin in mid-September 2001 and will promote Chevrolet's sponsorship of the Olympic Torch Relay and America's Olympic athletes. The tour, which will focus on the 2002 United States Olympic Ski Team, will follow the 65-day 2002 Winter Olympic torch through nearly 60 American cities. For the tour, Ferris is developing a 360-degree, photo realistic, first person experience of the breathtaking 120K ski jump at the Olympic venue in Park City, Utah.

"With the successful completion of the filming of the ski jump, we have again pushed the technical envelope for immersive virtual reality experiences," commented Lance Loesberg, GameCom/Ferris' executive vice-president. "We look forward to parlaying our success with Chevrolet into additional relationships and projects for blue chip companies, which

increasingly use innovative, high-tech promotional programs."

L. Kelly Jones, GameCom's chief executive officer, commented, "We are excited to see that Ferris is continuing to execute on its business plan. This is just another example of why we are so enthusiastic about this acquisition. After completion of the merger, Ferris will be a dynamic component to GameCom's business."

Ferris' highly successful, multi-sensory, photo realistic immersive VR projects are the first of their kind within the promotional advertising industry. Last year, Ferris digitally shot and produced the highly-successful Buick LeSabre Drive with Confidence Tour. For the Buick LeSabre Drive with Confidence Tour, Ferris utilized an advanced VR headset which enabled a participant to experience 360-degree sight while hearing and

smelling the experience. In addition to the Chevrolet Olympic Torch City Celebration Tour, Ferris recently completed filming the Red Baron Pizza Stearman Squadron Tour in Seattle. Both projects are currently in production, with delivery scheduled during September.

GameCom announced its acquisition of Ferris on April 18, 2001. GameCom's preliminary proxy statement with regard to the acquisition was filed with the Securities and Exchange Commission on August 8, 2001, and the shareholders' meeting to approve the acquisition is scheduled for September 14, 2001.