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Immersion Corporation Named to Russell 2000 and Russell 3000 U.S. Equities Indices; Immersion Brings the Sense of Touch to Computer Software

Business Wire, July 19, 2000

Business Editors, High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--July 19, 2000

Immersion Corporation, (NASDAQ:IMMR) the pioneering developer of touch interaction technology, today announced that it has been added to the Russell 2000(R) and the broad market Russell 3000(R) U.S. Equity Indices. The Russell 3000(R) Index uses objective standards to measure the performance of the 3,000 largest U.S. companies based on total market capitalization, and the Russell 2000(R) Index is comprised of small cap companies from the Russell 3000(R) Index.

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"Immersion's inclusion in the Russell Indices is another exciting indicator of the momentum that our TouchSense technology has enjoyed over recent quarters," said Vic Viegas, CFO of Immersion Corporation. "In addition to bringing the sense of touch to the consumer space, Immersion has recently made inroads into other markets including Automotive, Medical, and 3D Computing."

Immersion's TouchSense technology allows computer users to experience realistic touch sensations when interacting with their software. TouchSense is licensed by hardware manufacturers and is included in a wide range of products, including joysticks for gaming, computer mice for mainstream computing, medical simulation hardware for high-end training systems, and dashboard controls for automobiles. When using a TouchSense enabled peripheral device, a computer user can feel simulated sensations such as the blast of a weapon in a video game, the contours of a product on a web page, and the pliancy of tissue in a surgical simulator.

Immersion Corporation deploys its TouchSense technology by working with strategic partners across a variety of markets. TouchSense technology has been licensed by leading computer peripheral manufacturers such as Logitech, Microsoft, and Kensington. Its TouchSense technology is also used in medical simulators for companies such as Johnson & Johnson, Lockheed Martin and HT Medical. And as announced last quarter, BMW has licensed Immersion's TouchSense technology for use in BMW's automobiles.

About Immersion Corporation (www.immersion.com)

Founded in 1993, Immersion Corporation develops advanced hardware and software technologies that enable users to interact with computers using their sense of touch. Immersion's patented TouchSense(TM) technologies, enable computer peripheral devices to deliver tactile sensations that correspond to on-screen events. Immersion licenses its hardware and software technology, on which it holds more than 50 issued patents worldwide, to industry-leaders in order to integrate and implement its sensory interaction technology into professional simulation and modeling, consumer devices, and enabling technologies.

All statements contained herein, as well as oral statements that may be made by Immersion or by officers, directors or employees of Immersion acting on Immersion's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Immersion to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in Immersion's reports on Forms 10-K and 10Q filed with the Securities and Exchange Commission. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. Immersion is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Business Services Industry

Immersion Corporation Named to Russell 2000 and Russell 3000 U.S. Equities Indices; Immersion Brings the Sense of Touch to Computer Software

Business Wire, July 19, 2000

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