LADYDRAGON.COM - GameStop To Be First Retailer To Take Pre-orders of Essential Reality's New P5 Glove Peripheral

Monday July 08, 2002

GameStop To Be First Retailer To Take Pre-orders of Essential Reality's New P5 Glove Peripheral

Essential Reality, Inc., (OTCBB:ESSR) announced today that GameStop Corp. (NYSE:GME), the nation's largest video game and entertainment software specialty retailer, has begun accepting pre-orders at selected stores nationwide for Essential Reality's new peripheral product, the P5(TM) computer "glove."

"We are very excited to be able to debut the new P5(TM) glove at key retail outlets with our national pre-sales program," said Dan DeMatteo, President/COO of GameStop Corp. "We are currently marketing a P5(TM)-PC peripheral with software bundle because we anticipate it will be one of the most exciting and unique gaming products for the fourth quarter of this year. This is why we are already beginning to show the product in select stores, taking pre-orders from consumers who want to be the first to own and use the P5(TM) glove."

With just discrete movements of the fingers, wrist and hand, the P5(TM) glove is designed to provide a computer user intuitive interaction and control of video games, web pages, and 3D environments. The P5(TM) is particularly well suited for gamers because the majority of today's video games have a 3D user interface. The innovative P5(TM) glove is based on Essential Reality's proprietary bend sensor and tracking technologies.

"We are very fortunate to have GameStop as a premier retail partner for us as we launch the P5(TM)," noted Aaron Gavios, VP Sales for Essential Reality. "This pre-order program allows the many consumers who have inquired about purchasing the product in the past to reserve a unit for themselves immediately."

    Fully USB compliant the first generation P5(TM) is designed for compatibility with the Microsoft Windows 98, Windows ME and MS 2000 operating systems as well as Microsoft XP and the MAC OS9. Additionally, Essential Reality expects that the P5(TM) will be compatible with the PlayStation2 and Microsoft Xbox game consoles. Color images of the P5(TM) can be seen at www.essentialreality.com/products.html

    About Essential Reality, Inc.

    Essential Reality was founded with the goal of becoming a leader in the design, development and integration of revolutionary tracking and sensory technologies that can be used to provide the ultimate interface between man and machine. Essential Reality hopes to realize this vision through multiple product offerings that primarily apply tracking and sensory technologies for different end-user applications that ultimately have diverse vertical market applications as well. With its initial product family -- the P5(TM) -- Essential Reality is focusing on developing, manufacturing and distributing next-generation 3D peripherals for the PC/Mac and console gaming and professional user communities. Essential Reality anticipates that the P5(TM) will revolutionize the way humans interact with computers and game consoles.

    Essential Reality is headquartered at 49 West 27th Street, 7th Floor East, New York, NY 10001 and its web site is located at www.essentialreality.com.

    About GameStop Corp.

    Headquartered in Grapevine, Texas, GameStop Corp. (NYSE:GME), is the nation's largest video game and entertainment software specialty retailer. The company operates 1,068 retail stores throughout 49 states, the District of Columbia and Puerto Rico, under the GameStop(R), Babbage's(R), Software Etc.(TM) and FuncoLand(R) brands. In addition, the company owns a commerce-enabled Web property, GameStop.com, and Game Informer magazine, a leading video and computer game publication.

GameStop Corp. sells the most popular new software, hardware and game accessories for the PC and next generation video game systems from Sony, Nintendo, and Microsoft, and is also the industry's largest reseller of used video games. In addition, the company sells computer and video game magazines and strategy guides, action figures, and other related merchandise to more than 30 million customers. General information on GameStop Corp. can be obtained via the Internet by visiting the company's corporate Website: http://www.gamestop.com/investor-relations.