PRESS RELEASE

Bugeye Technologies Builds Flight Simulators for Wannado City™

PACIFIC, Missouri/Aug. 17 – Bugeye Technologies Inc., a manufacturer of innovative displays for PCs, arcade games and simulation devices, announced that the company has delivered and installed 10 flight simulation devices to Wannado City™, America’s first indoor role-playing theme park for kids, for it’s inaugural site open this month in South Florida’s Sawgrass Mills Mall. Bugeye recently completed its spinout from the Boeing Company (NYSE: BA), established independent operations, and began manufacturing and sale of Bugeye products. Bugeye products utilize Boeing patented technology.

Wannado City™
The first Wannado City™ is opening Summer 2004 at South Florida's Sawgrass Mills, one of the nation's leading retail and entertainment centers that annually welcomes as many as 26 million domestic and international visitors. Targeted at the 4-11 year-old demographic, Wannado City™ recreates all the sites of a major city from the point of view of its kidizens™, with more than 60 real-play™ venues and hundreds of career possibilities. All venues are designed to allow kids to live out their dreams – from learning to be a firefighter to piloting an aircraft to working at a television studio. Real-play™ empowers kids to become decision-makers and learn responsibility.

Flight Simulation
A cornerstone in the new venue is a DC-9 aircraft that is built right into the facility. For the flight and pilot venue, Bugeye enables Wannado City™ to supply a realistic-style simulation to provide kids with a unique and engaging experience oriented around becoming an airline pilot. Over the past several months, Bugeye has worked with Wannado City™ to generate a wholly original design that incorporates Bugeye’s innovative display technologies.

About Wannado Entertainment & Wannado City™
Wannado Entertainment empowers kids through the creation of reality-based, interactive properties that entertain and educate. Based in Fort Lauderdale, Florida, the company is a subsidiary of multinational entertainment corporation CIE (Corporación Interamericana de Entretenimiento, S.A. de C.V.). America’s first indoor role-playing theme park for kids, Wannado City™ at South Florida’s Sawgrass Mills Mall is set to make a Summer 2004 debut. Wannado City™ promises to deliver family-friendly entertainment experiences where kids can real-play™ in a realistic and imaginative setting. Wannado City™ allows kids to experience decision-making in their own real world made just for them.