BUSINESS DEVELOPMENT NEWS

Franco has been working on co-branding affiliate deals that include the following:

1. Digital Addiction (Sanctum Game)

2. Centropolis (major Movie Company)

3. Global Media (media provision company - mostly video)

4. Robotics Society of America

5. Event Horizon (central source of sci-fi sites)

6. S.E.T.I. (Search for Extraterrestial Life)

7. Macromedia (shockwave.com)

8. Digital Village (Hitchhiker's Guide to the Galaxy)

Most of these deals - several of which are at the final contract stages - include us providing 3D homes for their members, a specialized club for them, cross-promotion, selling their goods in the mall, barter revenue deals and many more members for us. FoereningsSparbanken (Swedbank) would like to create a virtual bank in Cybertown that manages citizens' money, provides loans, credit, etc. Franco also attended the Lawnmower Event and Web99 and made potential business leads with scifi.com and others. Franco is working on closing some of the above deals by year-end.