From: specdyn@well.sf.ca.us (Spectrum Dynamics Inc.)
Newsgroups: sci.virtual-worlds
Subject: INFO: Spectrum Dynamics, Inc.
Date: 16 Dec 92 00:44:45 GMT
Article-I.D.: u.1992Dec18.165644.8140
Organization: Whole Earth 'Lectronic Link
Originator: hlab@stein.u.washington.edu


*** NEWS RELEASE ***

FOR IMMEDIATE RELEASE

SPECTRUM DYNAMICS, INC.

For additional information, contact:
Gregory M. Klein,  713/520-5020


SPECTRUM DYNAMICS ANNOUNCES

MAJOR OPERATIONAL EXPANSIONS

HOUSTON, TX.-December 01, 1992-SPECTRUM DYNAMICS, INC announces its
recently completed move to its new 3500 sq foot headquarters where
it will share a joint lab with computer systems company MONDO
Systems.  The move is part of an expansion which includes the
acquisition of the computer systems company, the addition of two
new divisions and the addition of key personnel to the SPECTRUM
DYNAMICS staff.

SPECTRUM DYNAMICS, INC. announces the implementation of its new
Systems Division. SPECTRUM DYNAMICS is now building and fully
integrating complete turn-key VR systems based on the technology
being marketed through its year old Distributing Division.  By
integrating hardware and software produced by companies
specializing in individual products, SPECTRUM DYNAMICS, INC. will
develop the highest quality, lowest priced complete turn-key VR
systems on the market--and offer the systems with the complete
service and support of the company's newly expanded staff.  The
first such system is the SpecDyn DPVR System 300.

MONDO Systems, a computer systems company founded in 1991 with the
mission of providing computer architectures and platforms tailored
to the VR community, is now a wholly owned subsidiary of SPECTRUM
DYNAMICS, INC.  MONDO Systems founder and President, Mr. Joe
Martin, will become a partner in SPECTRUM DYNAMICS and serve on the
Board of Directors which will set direction for both companies.
MONDO Systems will provide direct support for the development of
SPECTRUM DYNAMICS, INC. Virtual Reality Systems.

*   *   *   *   *

Mr. Todd Parsons, formerly a contract employee of VPL Research and
chief designer and manufacturer of the housing on many of VPL's
original Eyephone designs, joins SPECTRUM DYNAMICS as Vice
President of Design and Marketing and will serve on the joint Board
of Directors.  Mr. Parsons will administer the JVs being put in
place by Spectrum Dynamics with professional societies.

Mr. Mike Zerkus, formerly president of CM Research (a computer
instrumentation company) and research scientist with KRUG
International (a NASA contractor), joins SPECTRUM DYNAMICS as Vice
President of Research and Development heading up the company's Labs
Division and will serve on the joint Board of Directors.  Mr.
Zerkus has extensive experience working with NASA--Johnson Space
Center in the area of vestibular research.  He also has extensive
experience working with
position tracking, HMD, Heads-up display, and advanced computer
systems technology.  He is the published author of several
technical papers related to VR and the developer of several VR
products.  One such product, the Displaced Temperature Sensing
System for use in haptic-feedback-oriented virtual environments,
will become owned by SPECTRUM DYNAMICS, INC.

Ms. Denise Fillingame, partner in Fillingame Investments and
formerly with American Capital, joins SPECTRUM DYNAMICS, INC. as
Vice President of Finance and Accounting and will serve on the
joint Board of Directors.  Ms. Fillingame has extensive experience
in dealing with the financial operations of small, rapidly growing
corporations.  Ms. Fillingame's duties will include administering
Spectrum Dynamics' year-old CyberSociety.

SPECTRUM DYNAMICS, INC. Co-founder, Mr. Giuseppe Ferrigno, is now
CEO of the company and will be primarily responsible for
operations, programming services, and heading up SPECTRUM DYNAMICS
new Systems Division.  Mr. Ferrigno will also serve on the joint
Board of Directors.

SPECTRUM DYNAMICS, INC. Co-founder and President, Mr. Gregory
Klein, will retain his position with primary responsibilities
being, marketing, direction setting, and heading up the company's
distributing division.  Mr. Klein will serve as Chairman of the
joint Board of Directors.

SPECTRUM DYNAMICS, INC. Co-founder, Mr. Robert Wong, has left the
company to pursue interests in other areas.

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