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Arcade Planet Launches Online Skill Games Web Sites PrizeGames.com and PrizeCenter.com; Oracle CEO Larry Ellison behind Internet's Newest Games Website

Business Wire, Sept 6, 2000

Business Editors/Technology Writers

LIVERMORE, Calif.--(BUSINESS WIRE)--Sept. 6

Arcade Planet(R), Inc., designer and marketer of skill-based games to the Internet and to traditional entertainment markets, today launched an exciting games Web site, PrizeGames.com(TM), and an online prize redemption Web site, PrizeCenter.com(TM). Unlike other games Web sites, PrizeGames.com offers free play and pay-to-play, skill-based redemption games where players are guaranteed to win prizes.

"Arcade Planet is leveraging its expertise in the coin-operated amusement and video game industry to offer an unmatched online entertainment experience," said Larry Ellison, Chairman and CEO of Oracle Corporation, and Arcade Planet's main investor and a company director. "PrizeGames.com has come along at a time when more consumers are looking to the Internet for family entertainment. Not only does PrizeGames.com offer patented games that the whole family can play, but also the guarantee that everyone will win prizes. It is a phenomenal opportunity for PrizeGames.com to bring consumers what they want and to build market share."

PrizeGames.com: Where Players Are Guaranteed to Win Prizes

PrizeGames.com currently features more than 15 single player free play and pay-to-play games, which include arcade, sports, skill stop, trivia, puzzles and classic solitaire card games. In the pay-to-play mode, a player uses a credit card or an electronic check to purchase game-play credits. Game-play credits cost the player from 8 to 10 cents, depending on the quantity purchased. In pay-to-play mode, players are able to win more prizes faster than in the free play mode. The pay to play player may also enter game tournaments and other game events where they can win a large prize on a single game played. For more detail about each game, go to http://www.prizegames.com.

Skill Stop Games   Arcade Games     Puzzle       Trivia Games
----------------   ------------     ------       ------------
Slide Master(TM)   ChipAway(TM)     Cubix(TM)    WordMaster(TM)
Bomb Squad(TM)     Atlantis         Cube Cutter  Quiz Show(TM)
Spin Streak                         Find Em      Switch-A-Roo

Classic Card Games     Sports Games
------------------     ------------
21 for Fun(R)          Dead Eye Darts
Super 11's(R)          Swoosh
Tri Scraper(TM)        Sluggers Paradise
Super Solitaire(R)

PrizeCenter.com: Where Players Redeem Prize Bucks(TM) for

Big Prizes

PrizeCenter.com is Arcade Planet's unique online prize redemption center where players purchase prizes of their choice using Prize Bucks won during game play. Game scores are converted to Prize Bucks and accumulated in each player's account. Every player earns Prize Bucks, in free play or pay-to-play mode, that can be redeemed at PrizeCenter.com for any of the hundreds of great prizes. Every player is a guaranteed winner!

Norman Petermeier, CEO and president of Arcade Planet, Inc., said, "The most exciting aspect of the Web site from a player's standpoint is the Insta-Prize. Players can win prizes up to a television, game console, laptop computer or mountain bike with as little as one game credit playing a single game. In addition, the player may accumulate Prize Bucks until they have enough to get the prize they want and then it is theirs. There's really nothing comparable on other game sites."

PrizeGames.com Game Features

Using Arcade Planet's patented software technologies, PrizeGames.com offers game features such as Insta-Prize(R), High Score, Progressive Bonus and Progressive Tournament, among others. The worldwide High Score leaderboard names players with the 300 highest scores for each different game throughout the world. The Progressive Bonus is a game's internal progressive scoring feature that allows players to win more and more Prize Bucks for better play. The Progressive Tournament feature occurs when PrizeBucks are added to a global bank for each game played by all players. At the end of the tournament the total amount of Prize Bucks in this bank will be split among the players with the best scores during the duration of the tournament.

PrizeGames.com will host hundreds of weekly tournaments that allow players to pit their skills against players from across the globe. These tournaments will offer chances not only to compete with other players and play exciting variations of the games, but also to win big prizes. Some tournaments will feature a lump Prize Bucks award for top players while others will have real prizes such as a DVD player to be won.

PrizeGames.com and PrizeCenter.com Marketing Programs

In addition to marketing PrizeGames.com and PrizeCenter.com directly to consumers online, Arcade Planet will market its online game technologies to other companies using the PrizeGames.com Affiliate Program and Partner Program.

The Partners Program offers Branded gaming site development for Web sites and other partners using Arcade Planet's patented technologies. The partner program allows Arcade Planet to provide BRANDED gaming channels for other websites. Players will believe they are at the branded partner site yet the content and administration is being handled remotely by Arcade Planet. Branded gaming sites allow partners to enhance the entertainment offerings at their site and share in the new revenue stream generated from the game play. Arcade Planet benefits by utilizing the partner's brand to provide player traffic far faster than it could otherwise.

 

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