ISee3D Inc.

ISee3D Inc.

October 03, 2005 16:19 ET

ISee3D Inc. 'ICG.H' to be Sponsored by Research Capital in the Anticipated RTO by Multiforce Technologies Inc.

MONTREAL, QUEBEC--(CCNMatthews - Oct. 3, 2005) - Isee3D Inc.'s (NEX:ICG.H) Executive Chairman, Mr. Stephane Le Bouyonnec, is pleased to announce that the Company concluded a Sponsorship Agreement with Research Capital Inc. earlier this week. Under this agreement, and subject to the satisfactory completion of due diligent review, Research Capital has agreed to act as sponsor to in connection to the proposed Reverse Take Over ("RTO") of Isee3D Inc. by Multiforce Technologies Inc. (Multiforce) announced July 28th , 2005.

As disclosed in the press release dated July 28th , 2005, ISee3D is attempting to re-activate its business by completing the proposed acquisition, RTO and financing. The Company is applying to graduate its listing to Tier 2 of TSXV as a technology issuer.

The proposed transaction is conditional upon regulatory approval and subject to the approval of the majority of shareholders and on obtaining a favorable Company review by the Sponsor. Moreover, an agreement to sponsor should not be construed as any assurance with respect to the merits of the transaction or the likelihood of completion.

About Multiforce Technologies Inc. (

Founded in 1991, Multiforce Technologies is a leading system integrator providing a complete range of managed services to design, build, implement and support end-to-end IT infrastructure. Leveraging its 15-year partnership with Sun Microsystems, Multiforce has developed unique expertise with XML, WS and SOA, as well as Server Consolidation, Storage, Data Protection and Security solutions. The company is a leader in the area of online business services designing, delivering and managing innovative IT infrastructure solutions for its clients.

Completion of the transaction is subject to a number of conditions, including but not limited to Exchange acceptance and disinterested shareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the documentation to be prepared in connection with the transaction, any information released or received with respect to the RTO may not be accurate or complete and should not be relied upon. Trading securities of Isee3D Inc. should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information