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Monday, 03/05/2001 4:12:01 PM

Monday, March 05, 2001 4:12:01 PM

Post# of 29619
Letter from the GAMZ CEO - 03/02/01


Friends and shareholders:

http://biz.yahoo.com/bw/010302/0055_2.html

Attached is this morning's press release announcing that GameCom is the featured and cover story in the current edition of Kiosk Business magazine. Although the physical magazines were mailed out to subscribers last week, the new edition was not placed on the magazine's website until yesterday afternoon.

I realize that it has appeared the last month or so has been "quiet" from a news/PR standpoint, but I assure you that it has been a very busy period for both GameCom and Global VR. Management for both companies, as well as their lawyers and professional advisors, have been hard at work negotiating the final contractual terms of the GameCom acquisition contract, as well as, more importantly, working out the details for merging the operations of the two companies.

Both Milind Bharvirkar, Global VR's founder and president, and I are dedicated to getting a "running start" on combining the resources and opportunities of the two companies at the earliest practical time.

Last week, Steve Haag, Al Spivey, and Jose Olivares from GameCom spent the entire work week at Global VR's headquarters in San Jose. The reasons for the trip, as well as the positive consequences, were numerous. First, and at this stage most importantly, it gave our operations team a week of on-site due diligence. I'll suffice it to say they liked what they saw.

Second, it gave the GameCom team an opportunity to work with Global VR's staff and begin the merger of the companies' respective technical know-how. Further, Global VR is expanding rapidly, and it gave us the opportunity to "lend a hand," so to speak, to give our soon-to-be merger friends a helping hand with their current monstrous workload in meeting a greatly-increasing number of product orders.

Finally, it was an excellent opportunity for the two companies' staffs to begin the process of melding together. This, obviously, will be an important segment of the integration of the two companies.

Milind and I will be meeting all day in Phoenix tomorrow on a number of issues, including finalization of the acquisition contract, discussion of the practical aspects of the merger, and the best immediate opportunities for commercial exploitation by the combined companies.

I've told you before, with deference to my Texas songwriter friend Rusty Wier, that "still waters run deep." This has been a very busy time, and I believe you will soon see the results of this labor. I'm planning on a return to New York this month, with a more focused message to some institutions who have been observing us since January. I trust they will like what they hear.

These are simply my personal comments, and should not be relied upon in your investment decisions. I strongly urge you to conduct your own due diligence with regard to an investment in GameCom. I respectfully refer you to GameCom's filings with the Securities and Exchange Commission.

L. Kelly Jones, GameCom CEO

http://www.gamecominc.com/Letter_from_the_CEO/letter_from_the_ceo.htm


Current company information website:

http://gemmerling.tripod.com/gamecom.html

Take care,

Greg


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