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FOR IMMEDIATE RELEASE

GLOBAL VR® PARTNERS WITH PREMIER KIOSK DESIGNER STREAK TECHNOLOGY, INC.

SAN JOSE, Calif – (May 19 2009) – GLOBAL VR  today announced that it has entered into a strategic partnership with one of the kiosk industries preeminent turn-key design/manufacturing companies, Streak Technology, Inc..

Founded in 1994 by Robert (Bob) Stewart, former Vice President of Operations for Atari Games, Streak Technology Inc. quickly became the standard bearer of quality and professionalism in the emerging kiosk industry.  Under Bob’s direction, Streak quickly became a multi-million dollar company employing over 40 people.  When asked to comment on the partnership, Stewart offered, “We are proud to join forces with GLOBAL VR; it makes great sense to combine our talented teams. This partnership allows us to enjoy both economies of scale and talent that will enable us to better serve our customers’ needs.”

Over the past 15 years, Streak Technology, Inc. has developed strong relationships with many companies by providing turn-key manufacturing services.  The company has built over 50,000 amusement devices and kiosks. Streak Technology, Inc. was responsible for the design and manufacturing of products such as Tickets.com a product which allows users to pick an event, choose a seat and receive the printed ticket, Build A Bear Vending, Streak Model 700, a multi-purpose Internet access device, and designed and built over 8,000 Polaroid Photo booths.

Ken Bayer, GLOBAL VR President stated, “We are extremely excited to have Bob and his team join us.  As a combined entity, GLOBAL VR/Streak Technology, Inc. is one of the strongest, most experienced providers of integrated kiosk and video game products for the coin-op industry.”  He went on to say, “We provide a full range of services including concept and design of hardware and software, prototyping, manufacturing as well as service and support.” 

GLOBAL VR is well known in the coin-op video game market for its innovative, award-winning cabinet design as well as state-of-the-art graphics and game play.  The company has produced hits such as EA SPORTS™ NASCAR™ Racing, Need for Speed™ Carbon and Aliens® Extermination.  Streak Technology, Inc.’s product offerings range from coin-op entertainment products such as video games and photo booths, to point of sales information stations and portable testing equipment.

For information about other GLOBAL VR/Streak Technology products, please visit www.globalvr.com / www.streaktechnology.com or contact your local GLOBAL VR distributor or sales representative.

 

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About GLOBAL VR
Founded in 1998 and headquartered in San Jose, California, GLOBAL VR® is one of the world's leading manufacturers of coin-operated video games based on home gaming technology. Through the development of proprietary technology, GLOBAL VR is able to leverage the massive investment in development of PC and console games by third party developers by making them suitable for play in out-of-home locations. Development agreements are in place with some of the world's leading game publishers including Electronic Arts (NASDAQ: ERTS ), Ubisoft, and Atari (NASDAQ:ATAR). These agreements provide GLOBAL VR rights to create coin-op versions of popular home games such as EA SPORTS™ PGA TOUR® GOLF, Need for Speed Carbon, Underground, NASCAR, Blazing Angels, Beach Head and Operation Blockade.  In addition, GLOBAL VR also develops and manufactures products previously marketed under the UltraCade label, including Global Arcade Classics and Ultrapin. More information on GLOBAL VR can be found at www.globalvr.com.

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