FOR IMMEDIATE RELEASE

Contact: Larry Peters
Panoscan, Inc.
(323) 255-1956
Lpeters@panoscan.com

Media Contact: Brandon Shamim
Beacon Management Group
(213) 217-2892
Bshamim@aol.com


Panoscan Offers the Perfect Solution for Capturing High-Quality Cubic Movies

Amazing Technology Featured at QuickTime Live! Booth #49

Los Angeles, CA, October 10, 2000 -- Panoscan will be showcasing how its breakthrough panoramic digital camera, the Panoscan System, offers the perfect solution for capturing high quality cubic movies. The award-winning Mac-enabled digital system, working in conjunction with Apple Computer’s new QuickTime VR capability, called "Cubic VR," will be featured at QuickTime Live! (Booth #49) from October 11th - 12th taking place at the Beverly Hilton in Los Angeles, California.

The main advantage of cubic VR is that it allows the viewer to look straight up and straight down -- broadening the traditional range of view. (Visit Panoscan's website at www.panoscan.com for examples of these new movies.) Cubic movies are also smaller in file size than the previous high angle of view cylinder movies. The Panoscan System enables a full-range of motions, including fully spherical image called an "equirectangular image," when used in combination with a 16mm fisheye lens and the Kaidan offset bracket. The resulting image requires no stitching and can be easily converted to cubic format for convenient retouching and viewing with the new QuickTime Cubic VR feature.

With Phase One’s top-notch digital line scan technology built-in, the Panoscan produces high-resolution 360-degree digital images with unparalleled resolution, extreme light sensitivity and extraordinary capture quality. Panoscan's maximum capture speed is 125 lines per second. With the new software upgrade, being introduced at QuickTime Live, Panoscan now has a maximum image size of an astounding 7,000 pixels by 44,000 pixels over 390 degrees.

The versatility of the Panoscan System, which provides the ability to capture an image with the same visual acuity of a person with 20/20 vision, has proven to be uncompromising for the virtual reality community. Whether it’s a law enforcement agency capturing a crime scene to the automotive manufacturing industry creating a truly immersive "virtual driver" environment; for the first time, images can be captured and viewed within seconds as a fully interactive movie on location with speed, quality and ease of use.

"We are proud to demonstrate the high-performance Panoscan System technology at the second annual QuickTime Live! event. With our ‘no compromise’ solution to panoramic and spherical image capture, Panoscan is poised to make the convergence between panoramic photography and virtual reality seamless and adaptable," says Panoscan President, and product inventor, Ted Chavalas. "When it comes to all-around features and benefits, including portability, we believe that Panoscan is the clear choice for VR and panoramic imaging professionals." Mr. Chavalas is a speaker at the QuickTime VR Showcase Forum at QuickTime Live! October 11th at 1:30 pm.

"QuickTime's virtual reality technology makes it easy to create compelling interactive and panoramic movies," said Frank Casanova, Apple's director of QuickTime Product Marketing. "Panoscan's support of QuickTime provides developers and content provides incredible opportunities to take advantage of the tremendous business opportunities associated with QuickTime."

QuickTime Live! is a four-day conference that will feature more than 40 in-depth technical conference sessions providing professional-level training on QuickTime content development and deployment; nine intensive full-day workshops focusing on popular authoring tools, deployment technologies, QuickTime VR and QuickTime streaming; and a product showcase in which more than 60 companies will demonstrate their state-of-the-art QuickTime tools and services. The product showcase is open to the public at no charge Thursday, Oct. 12th from 10 a.m. to 4 p.m.

About Panoscan, Inc.

Panoscan, a Los Angeles-based manufacturer of high-resolution digital panoramic camera products, uses a combination of proprietary hardware and software to produce fully digital panoramic images with no post capture processing. The Panoscan System allows real-time viewing of scanned images as still photos or player-enabled virtual reality movies -- representing a breakthrough in speed, quality and ease of use for immersive panoramic imaging.

More information about the company and its innovative products and applications can be found at www.panoscan.com.

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