C-3D Digital Adds Key Board Member & Signs New Management Talent; Fueled by Recent Move of Corporate Headquarters to the Los Angeles Area

Business Wire, Sept 23, 1999

LOS ANGELES--(BUSINESS WIRE)--Sept. 23, 1999--

Chequemate International Inc. (AMEX:DDD), doing business as C-3D Digital Inc., the world's first 3D television and Internet media company that provides 3D entertainment through innovative technology, Thursday announced additions and changes to its corporate management team, now based in the metropolitan area of Los Angeles.

On Wednesday, Sept. 22, the company's board of directors approved the appointment of media marketing expert Daniel R. Thompson as a member of the C-3D Digital Board. Thompson is the founder and head of the influential Hollywood entertainment agency "A Creative Group" (ACG) which specializes in product placement, promotional advertising, program sponsorships, and distribution.

Under Thompson's direction, ACG and its related sister companies represent major motion picture production companies and distributors such as Warner Bros., Paramount, Disney, Castle Rock Entertainment, and New Line Cinema. ACG companies also act as agents within the entertainment industry on behalf of major high-tech corporations such as Intel, Raytheon, and the Internet giant, Lycos.

"Adding Daniel's professionalism and industry insight to our Board brings valuable leverage," stated J. Michael Heil, C-3D Digital's Chairman and CEO. "Dan built the number one product placement marketing company in Hollywood, and his experience working with key corporate clients in the industry to develop creative, innovative marketing concepts is unparalleled. We look forward to his insight as we continue to build C-3D Digital into a cutting-edge 3D media and technology company."

C-3D also recently brought on board an aggressive new Vice President of Affiliate Relations, Fernando Antonio Gomez. Gomez has successfully managed affiliate sales and relations for such prestigious companies as Liberty Media, Bravo, The Weather Channel, and Univision. Fernando brings to C-3D more than 16 years of experience in affiliate relations in the cable, broadcast, and satellite industries.

Commenting on his joining C-3D Digital, Gomez stated, "C-3D's technology represents a true innovation which is exciting to the TV viewer and presents an opportunity to the operator to generate incremental revenue by offering a totally new service."

In a related development, C-3D Digital also announced the retirement of Terrell (Ted) H. Lassetter, age 68, as the company President. Lassetter was a key part of the management team that helped C-3D Digital establish itself during 1998 in Salt Lake City, as a new advanced media company.

"Ted helped put us on solid ground to launch the 3D TV Network and to acquire key technologies. We owe much to his foresight," said Heil. "In fact, it's that foresight that led us to establish offices in the L.A. area, which now has enabled a smooth transition from Salt Lake City to the center of the media world. Important pieces of our business plan are coming together quickly. Working with a mover like Daniel Thompson and having a pro like Fernando Gomez to represent us will be exciting. They are true pioneers in the "New Hollywood", and their contacts and knowledge will help us execute successfully on both the broadcast and Internet sides of our strategy."

About C-3D Digital:

C-3D Digital is a leading 3D media company that gives broadcasting and entertainment companies the ability to deliver 3D entertainment to any standard television 24 hours a day. As a leading innovator of 3D-entertainment technology, C-3D Digital is the first television network to offer 3D programming exclusively to satellite and cable television subscribers. The company also offers its customers and network subscribers the ability to convert 2-dimensional films or programming into real-time 3D. Additionally, the company operates an Internet subsidiary company, 3D.COM. C-3D Digital maintains offices in the Los Angeles metro area; St. George, Utah; and Phoenix.

This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representations to be true and accurate based on information available to the company, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in C-3D Digital's periodic filings with the U.S. Securities and Exchange Commission. All filings can be found under Chequemate International DBA C-3D Digital Inc. in the Edgar filings with the SEC.