For Immediate Release

Panoscan, Inc. to Introduce Their Unique Panoramic Camera System to Europe.

LOS ANGELES--March 27, 2000--Panoscan, Inc. announced today that it will officially introduce its unique panoramic capture system to Europe at the ITEC Conference April 11, 12 and 13 at the Netherlands Conference Center in The Hague. The Panoscan System captures ultra high resolution, digital, 360 degree panoramic images in a single file. No stitching is necessary.

Panoscan is not unknown in Europe. The Panoscan System was used recently by ODA Multimedia for a special six month project to capture the Louvre Museum in Paris. These high resolution images will be available on an educational
web site.

The ITEC Conference will be Panoscan's official introduction of their panoramic camera system to Europe, and will also introduce Cinebuild of London, the company's agent for sales and rental throughout Great Britain
and Europe.

"Panoscan's ultra high resolution, makes it is an ideal solution for a variety of military and law enforcement applications." Says Panoscan President and inventor, Ted Chavalas. "The ITEC Conference is all about military training and simulation, and we are excited to be able to present our unique product as a way to capture environments in an effective and relatively economical way."

Panoscan was recently nominated for a Macworld Award by Macworld Europe, in the Multi Media Hardware Category. Other nominated products include, the Apple G4, IBM Hardware, a Sony Digital Camera and the Le Cie Monitor. Winners will be announced at an event to be held in London at a BBC Studio, on Thursday March 30th. In addition Macworld has chosen to feature Panoscan in this month's Macworld Magazine, and a CD with an image taken by the camera system will be on the front cover.

"This is a great honor for us." says Panoscan's Director of Marketing Lawrence Peters, "It's a powerful vote of confidence for our product as we open up this new market."

Panoscan's ultra high resolution can create panoramic images with the 20/20 visual acuity of the human eye. This resolution has made it an instant success for architecture, auto interior capture, travel and tourism, the entertainment industry and e-commerce. The system's unique high resolution capabilities make Panoscan ideal for military simulation and training applications as well as for law enforcement crime scene documentation.

Panoscan is a privately owned corporation, with offices and manufacturing facilities in Los Angeles, CA. For more information visit Panoscan's web site at www.panoscan.com. For other information, please contact: Casey Coss at (818) 908-4641. Cinebuild can be reached in London at 0171 582 8750. Panoscan is represented in Australia by Wide X-Stream at 93104223 in Victoria.