GLOBAL VR® TO
PURCHASE ULTRACADE™ TECHNOLOGIES
For Immediate Release -
SAN JOSE, Calif., December 13, 2005 — GLOBAL VR today
announced that a definitive agreement has been reached, and a Letter of Intent
signed for the purchase of UltraCade Technologies by GLOBAL VR. The acquisition
effort lead by GLOBAL VR’s leading investor, Calim Private Equity, LLC.,
is expected to be completed Q1 2006.
GLOBAL VR®
DEDICATED TO ACHIEIVING “TOTAL CUSTOMER SATISFACTION”
For Immediate Release -
SAN JOSE, Calif., December 9, 2005 — GLOBAL VR is pleased to
announce that the company has undertaken a major initiative to achieve
“Total Customer Satisfaction” with distributors, operators,
locations and players. In announcing the move, Jim DeRose, GLOBAL VR’s
President and CEO stated, “Our ultimate goal is to exceed all of our
customers’ expectations and make it a pleasure to do business with us. In
order to achieve this goal, we are examining everything we do and how we might
do it better. From game development, through manufacturing and distribution to
service, we will measure ourselves against the highest expectations.”
GLOBAL VR SET TO
INTRODUCE PRODUCT TO ITALIAN MARKET
For Immediate Release - SAN JOSE, Calif., November 11,
2005 - GLOBAL VR® and Inspired Leisure Link Italia SpA
(ILLI), a newly formed subsidiary of Leisure Link and Inspired Broadcast
Networks, today announced that an agreement has been reached between the
companies that grants exclusive rights to ILLI to distribute the full line of
GLOBAL VR product in Italy for the next three years. The agreement was executed
at the recent coin-op tradeshow in Rome, Enada, where company heads were
present and details of the arrangement were finalized.
GLOBAL VR AND
UBISOFT INK TWO TITLE DEAL
For Immediate Release - SAN JOSE, Calif., November 10,
2005 - GLOBAL VR®, a leading manufacture of
out-of-home video game products for the coin-operated industry announced a
worldwide licensing agreement with Ubisoft, one of the world’s largest
video game publishers. Under the agreement, Ubisoft will give GLOBAL VR the
technology and rights to develop two of Ubisoft’s video game properties
for coin-operated video game machines.
GLOBAL VR WEBSITE
TURNS PLUS POINTS™ INTO MERCHANDISE
For Immediate Release - SAN JOSE, Calif., September 14,
2005 - GLOBAL VR® today announced that the highly
anticipated Plus Points Program is now available. Players who earn points
playing EA SPORTS™ PGA TOUR® GOLF Challenge Edition are eligible for
awards including gift certificates from top name merchants and specialized
retailers that provide hard to find products. Travel, sporting goods,
electronics, and household items are all available when players exchange their
points for prizes.
GLOBAL VR PROMOTES
INDUSTRY VETERAN TO HEAD PRODUCT DEVELOPMENT
For Immediate Release - SAN JOSE, Calif., August 31, 2005
- GLOBAL VR® announced today that industry veteran, John Ray, has
been promoted to the newly created position of Vice President and Executive
Producer. In his new role, John will be responsible for directing all of GLOBAL
VR’s game development efforts, from design document creation, through
launch.
GLOBAL VR BOARD
APPOINTS JIM DEROSE CHAIRMAN
For Immediate Release - SAN JOSE, Calif., August 8, 2005
- GLOBAL VR® today announced in addition to his current role as
President and CEO, Mr. Jim DeRose will assume the leadership position of GLOBAL
VR’s Chairman of the Board.
GLOBAL VR’S
EA SPORTS™ PGA TOUR® GOLF CHALLENGE EDITION TOURNAMENTS ARE SET TO
TEE OFF
For Immediate Release - SAN JOSE, Calif., July 28, 2005
- GLOBAL VR® announced that monthly cash tournaments are set to
begin on the new and highly anticipated version of EA SPORTS™ PGA
TOUR® Golf – Challenge Edition. The tournament event will be kicked
off beginning August 1 st 2005 and will run for the entire month. Lowest score
will walk away with the $5,000 top prize. Each month thereafter a new course
will be chosen for the 9 hole match-up and players will compete for their share
of over $40,000 in cash and prizes.
GLOBAL VR’s
$100,000 MADDEN CHAMPIONSHIP IS SET TO KICK OFF IN LAS VEGAS, NEVADA AUGUST 5
TH
For Immediate Release - SAN JOSE, Calif., July 25, 2005
- GLOBAL VR® today announced that the roster for the first $100,000
Madden Championship is complete and competition is set to begin August 5 th at
Las Vegas’s Alexis Hotel and Resort. 64 players and 6 alternates will be
arriving in the gaming capital of the world where they will find the stage set
and their opponents ready to kick-off.
GLOBAL
VR Set to Begin Need For Speed™ Underground Cash Prize Tournaments
For Immediate Release - SAN JOSE, Calif., June 29, 2005
- GLOBAL VRŽ recently announced the commercial availability of the
highly anticipated Need for Speed Underground game for the coin-op market and
now has added hit title to the growing list of GLOBAL VR Cash Prize Tournament
games. The addition of the game to the GLOBAL VR Tournament System gives
players the opportunity to enjoy exciting driving action as well the chance to
participate in large cash prize tournaments.
GLOBAL
VR and Brady Strengthen Distribution Relationship
For Immediate Release - SAN JOSE, Calif., June 14, 2005
- GLOBAL VRŽ and Brady Distributing Company today jointly announced
that an agreement has been reached which will serve the immediate and long-term
objectives of both companies as it relates to the sale and service of the
entire GLOBAL VR product line in Florida. Brady Distributing Company will take
on the role of GLOBAL VR's key distributor in the territory thereby providing
operators the quality attention, service and support they deserve.
Sales
Pro, John B. Hill Joins GLOBAL VR as Northeastern/Mid-Atlantic Sales Manager
For Immediate Release - SAN JOSE, Calif., June 1, 2005
- GLOBAL VRŽ announced today that industry sales veteran, John B. Hill,
has joined GLOBAL VR as the new Northeastern/Mid-Atlantic Sales Manager.
Replacing Tony Maniscalco, who recently accepted a role with a new venture,
John will immediately assume responsibility for the sale of GLOBAL VR products.
SEASONED
EXECUTIVE TO HEAD GLOBAL VR
For Immediate Release - SAN JOSE, Calif., May 4, 2005
- GLOBAL VRŽ is pleased to announce the appointment of Jim DeRose to
the position of President and Chief Executive Officer. Milind Bharvirkar,
founder of GLOBAL VR, will remain actively involved in future product
development and continue in his role as Chairman.
GLOBAL
VR Bringing Challenge to Coin-op Video Golf
For Immediate Release - SAN JOSE, Calif., March 30, 2005
- Are you ready for a Challenge? EA SPORTS™ PGA TOURŽ Golf
Challenge Edition, that is. According to GLOBAL VRŽ coin-op Game Producer,
Danny Pisano, players and operators are ready and waiting. "Many of the
features and options of Challenge Edition have been implemented in response to
player requests and operator preference," says Pisano.
Former
Sega Exec Appointed GLOBAL VR Vice President, Finance
For Immediate Release - SAN JOSE, Calif., March 11, 2005
- Robert Giovannettone (Bob G to his friends and colleagues) has joined
GLOBAL VRŽ as Vice President of Finance. Bob's entertainment and gaming
background has involved associations with such notable leaders as Sega
Enterprises/Sega GameWorks, Universal Studios, Time-Warner, Lorimar
Productions, and Deloite Touche.
GLOBAL
VR Takes Need for Speed Underground to the Coin-op Streets
For Immediate Release - SAN JOSE, Calif., February 15, 2005
- Players around the world are ready to shift into high gear as the
top-selling racing videogame, Need for Speed™ Underground, comes to
coin-op. GLOBAL VRŽ has licensed Need for Speed Underground from Electronic
Arts (NASDAQ: ERTS) and is forging new territory by offering the coin-op
community a unique, dynamic player experience with this well-recognized driver.
Need for Speed Underground taps into the current "tuner" culture of urban
street racing by offering the most notable licensed cars such as Toyota Supra,
Mitsubishi Eclipse, Nissan 350Z and the respected Nissan Skyline GTR which,
while having a dedicated, domestic following, is an import and not commercially
available in the US.
EA
SPORTS Madden NFL Football Goes to the Big Game
For Immediate Release - SAN JOSE, Calif., January 31, 2005
- San Jose-based video game manufacturer, GLOBAL VRŽ is honored and
privileged to be included among the pre and post game festivities at this
year's big game in Jacksonville, Florida. The company's newly released,
four-player, coin-op videogame, EA SPORTS™ Madden NFL™ Football, will be
featured directly adjacent to the Alltel Stadium in the official Corporate
Hospitality Village at the NFL Stadium Club.
GLOBAL VR Secures $20 Million Credit Line
For Immediate Release - SAN JOSE, Calif., January 21, 2005
- This week, GLOBAL VRŽ announced an increase in their working capital
line of credit from $12 million to $20 million. Calim Private Equity, LLC has
extended this increase in funding to the company in support of future corporate
expansion initiatives.
Video
Gamers Kick it into High Gear to Win Big Game Tickets
For Immediate Release - SAN JOSE, Calif., January 21, 2005
- Five lucky (and skilled) coin-op video golfers and football players
recently walked away with super prize packages that include a pair of tickets
to the Big Game in February, round trip airfare to Jacksonville, Florida and a
four-night hotel stay. Video game manufacturer, GLOBAL VRŽ sponsored the
coveted give-away from September through January to give players sufficient
time to qualify on its EA SPORTS™ MADDEN NFL™ FOOTBALL and EA SPORTS™
PGA TOURŽ GOLF video games.