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FOR IMMEDIATE RELEASE

JOHN RAY JOINS THE GLOBAL VR DEVELOPMENT TEAM

For Immediate Release - July 9, 2003, San Jose, CA - GLOBAL VR today announced that 25-year industry veteran John Ray is the most recent addition to the ever-increasing roster of industry pundits at GLOBAL VR.

An alumnus of companies such as Atari, Atari Games Corporation, and Midway Games, Mr. Ray has been involved in the development of some of the most important games in the coin-op industry - not the least of which is San Francisco RushT and the RushT franchise of driving games.

"I've been in the most exciting industry for the past 25 years," states Ray. "And, after seeing what GLOBAL VR has on the drawing board, I'm sure it's only going to get better. I'm excited to be a part of this talented team."

"We are proud to have John Ray as a member of the GLOBAL VR team," stated Aaron Baker, GLOBAL VR CTO. "We have known of John and have seen the fabulous products for which he was responsible. We are certain that he will add tremendous value to our organization and ultimately to the products we bring to market."

Experienced in engineering and project management, John Ray is leading the design and development of a new series of GLOBAL VR products, yet to be announced.


Founded in 1998 and headquartered in San Jose, California, GLOBAL VR is the world's leading manufacturer of coin-operated video games based on home gaming technology. With an exploding home gaming market, GLOBAL VR is leveraging massive investment in development of home games and triggering 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) and Atari (NASDAQ :IFGEF) that provide exclusive rights to create coin-op versions of popular home games such as EA SPORTS PGA TOURŪ GOLF, Beach Head and Incoming. All other names and trademarks are property of their respective owner(s).

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