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FOR IMMEDIATE RELEASE

GLOBAL VR TAKES IAAPA BY STORM!

December 4, 2002 -- San Jose, CA -- GLOBAL VR's exhibit at this year's IAAPA show in Orlando, November 20-23 was another outstanding success for the company.

The International show was a huge success not only from the international attendees and buyer perspectives but also from the domestic traffic in the booth.

Less than two months after AMOA, GLOBAL VR added even more compelling features to their already stellar games including an all new Beach Head 2000 PUP with new joystick control and a player selectable multi-game feature. The new features will allow the distributor to choose the trackball or joystick option from the factory and the player selectable multi-game feature will allow for kits in the new year that include the Beach Head 2002 software.

The company also debuted a player selectable multi-game feature in their flagship product, the VR Vortek, allowing the player to now choose from 4 blockbuster titles including Beach Head 2000, Beach Head 2002, Incoming and the highly anticipated new title, Operation Blockade.

GLOBAL VR's latest genius, EA SPORTS™ PGA TOUR® GOLF, was more popular than ever this show with the new software additions that include a Shoot-out! mode of play and the new fantasy course Timber Hills.

Once again, GLOBAL VR will be launching some spectacular products at ASI March 25-27, 2003, a show GLOBAL VR will continue to support through the years.

GLOBAL VR is the world's leading manufacturer of coin-operated video games based on home gaming technology. With the exploding home gaming market expected to approach $35 billion worldwide, GLOBAL VR is leveraging massive investment in development of home games and trigger a renaissance in the out-of-home video game industry. GLOBAL VR has development agreements with the world's leading game publishers Electronic Arts (NASDAQ: ERTS), Activision (NASDAQ:ATVI) Infogrames (NASDAQ :IFGM) and Rage (FTSE:RGE) that provide exclusive rights to create coin-op versions of popular home games such as EA SPORTS™ PGA TOUR® GOLF, Heavy Gear II and Incoming.

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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