ParaGraph International, Inc. announces 3D Web VR Partnership with
Mitsubishi and People World

CAMPBELL, CA -- MAY 14, 1996 -- ParaGraph International Inc. today
announced a strategic partnership with Mitsubishi Corporation and People
World Co., Ltd. for development of "People Space," a 3D on-line virtual
society marketed in Japan. Mitsubishi and People World will also market
and distribute a Japanese edition of ParaGraph's Virtual Home Space
Builder (VHSB), the first easy-to-use 3D Web authoring / publishing tool
for consumers. The partnership, announced in Tokyo, Japan, will begin the
transformation of People World, Japan's fastest growing and one of Japan's
major on-line services, into a 3D Virtual Reality world. People Space will
consist of 3D Home Spaces , where users can assume a 3D on-line identity
and interact with each other. Using VHSB, users can build their own
personal area in the world for others to visit. ParaGraph is providing its
industry leading 3D multimedia Web authoring tools as well as its
integrated 3D VR, behavior modeling and networking technologies to make
the service available in the Fall of 1996. Mitsubishi Corporation is one
of Japan's largest trading companies and also one of Japan's multi-media
business industry leaders.

"The success of People Space depends on unsurpassed cooperation between
companies with exceptional technology," said Mr. Hajime Nomura, General
Manager of Multimedia Business Dept. of Mitsubishi Corporation. "ParaGraph
International has demonstrated its superior technology for building an
Interactive 3D Virtual Reality service, and we are confident that
together, we will deliver Cyberspace to Japan this Fall."

"Mitsubishi is a powerful and very highly respected company, both
throughout the world and in Japan," said Gregory Slayton, President of
ParaGraph International. "The fact that Mitsubishi chose ParaGraph as its
primary partner in this important effort is a great honor for us, and
validates our leadership position in Internet 3D VR."

Mitsubishi and People World will also distribute a Japanese version of
ParaGraph's VHSB, the first software on the consumer market for
authoring/publishing 3D multimedia Internet worlds. VHSB is acknowledged
by industry experts to be the simplest means for users to build content-
rich multimedia 3D Spaces for their Web sites. VHSB's unsurpassed ability
to render rich textures enables users to quickly create visually stunning
scenes -- which distinguishes it from other packages that output lifeless,
poorly textured objects. The software's integrated multimedia capability
includes sound, text, and animations, which combine to create exciting
content-rich 3D Spaces. VHSB saves files that are fully VRML 1.0
compliant, allowing anyone with a VRML Browser, downloadable freely from
many web sites including Netscape and Microsoft, to access and navigate
through the 3D Home Spaces. VHSB 1.0 is now distributed by Broderbund to
over 5000 retail outlets in North America and worldwide at a price of
$49.95.

PARAGRAPH INTERNATIONAL, INC.

Founded in 1989, ParaGraph International, Inc. has long been a leading
provider of complex software solutions for the high tech industry. The
company's corporate mission is to be the leading provider of Internet VR
authoring/publishing tools by combining technologies in 3D rendering,
behavior languages, compression and image recognition. These tools enable
end-users to build and publish exciting Internet spaces - rooms,
buildings, cities, landscapes, worlds and universes - for people to visit
communicate and work with each other easily and quickly around the world.
ParaGraph International holds a leadership position in a number of
critical Internet technologies that demand preeminence in algorithmic
design, including 3D and VR applications, 2D pen software and compression
technologies.

For more information on ParaGraph International and its products, contact
the company at 1688 Dell Avenue, Campbell, CA 95008, (408) 364-7700;
Fax(408) 374-5466. Web sites: http://www.paragraph.com and
http://vrml.paragraph.com.
 
 =========================================================
 From the 'New Product News' Electronic News Service on...
 AOL (Keyword = New Products) and Delphi (GO COMP PROD)
 =========================================================
 This information was processed from data provided by the
 company/author mentioned. For additional details, please
 contact them directly at the address/phone# indicated.
 Trademarks are the property of their respective owners!
 =========================================================
 All submissions for this service should be addressed to:
 BAKER ENTERPRISES,  20 Ferro Dr,  Sewell, NJ  08080  USA
 Email:   rbakerpc@aol.com   --or--   rbakerpc@delphi.com
 =========================================================
