By TO BUSINESS AND TECHNOLOGY EDITORS
The company which makes the programs that XWP use for special effects was bought by another company.
Chequemate International, d.b.a. C-3D Digital, Inc. (OTC Bulletin Board: CQMT) announced today that it has entered into an agreement in principle to acquire the technology and principal assets of Strata Corp., a premier name in 3D computer graphics. This will broaden C-3D Digital's line of patented 3D technology for broadcast video and the internet. The Strata tool line has been used for such well-known projects as MYST(TM); television shows like the '98 MTV Movie Awards, Hercules and Xena; the NBC dancing peacocks; the Warner Brothers and Blockbuster web sites; the films Contact, 5th Element and Batman Forever -- and many others. These tools provide C-3D Digital with some of the most advanced 3D technology available and further establishes C-3D Digital's leadership position in 3D media and technology. [snip] NOTE: Any statements released by Chequemate Technologies, Inc. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities & Exchange Commission. For more information please contact our Investor Relations Department at 1-800-773-7317 SOURCE Chequemate International CONTACT: Chequemate International Investor Relations Department, 800-773-7317 [snip] /Web site: http://www.3d.com/ (CQMT)
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