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FOR IMMEDIATE RELEASE

TONY MANISCALCO AND JOE BUNDRA JOIN GLOBAL VR'S SALES TEAM

January 29, 2004 -- San Jose, CA California - GLOBAL VR™, manufacturer and developer of video games for the coin-op market, today announced the appointment of two of the most well known names in the coin-op industry to the sales team. Mr. Tony Maniscalco and Mr. Joe Bundra will each take on the responsibility of serving operators and distributors in their respective regions.

Tony Maniscalco, Jr. began his illustrious 14-year career in coin-op as the Eastern Regional Sales Manger for Pioneer New Media Technologies. In 1994 Tony went to work for Sega Amusements as Regional Sales Manager before being promoted to the position of Director of Sales.

"I'm excited to represent such a great product line," commented Tony. "I'm confident that my professional experience will help to broaden the market for GLOBAL VR products on the East Coast and in Canada."

Joe Bundra entered the coin-op industry in 1988 when he worked for Konami as Director of Purchasing/Operations. Since that time, he has been employed by Bromley, Inc., Creative Electronics and Software, Midway Games and most recently served as President of J & L Vending.

"I am committed to serving the coin-op industry and firmly believe that GLOBAL VR's product innovation provides new opportunities for operators and distributors," stated Joe Bundra. "I'm looking forward to meeting with my customers in the North/Central Region and to becoming a integral part of GLOBAL VR's winning team."

When asked, Milind Bharvirkar, GLOBAL VR's President and CEO said, "It speaks volumes for GLOBAL VR that seasoned coin-op professionals such as Tony Maniscalco and Joe Bundra are anxious to join our company." He went on to say, "We are happy to have them aboard and are looking forward to the contribution they will make to GLOBAL VR and to the coin-op industry."

For further information please contact:

Wes Harris
Phone: (408) 597-3400 ext: 2443
Fax: (408) 597-3431
Email: wharris@globalvr.com

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