iseemedia Inc.
TSX VENTURE : IEE

iseemedia Inc.

August 18, 2005 08:30 ET

iseemedia Inc. Announces Closing of Acquisition of Digital Immersion Software Corp.

TORONTO, ONTARIO--(CCNMatthews - Aug. 18, 2005) - iseemedia inc. (TSX VENTURE:IEE) announced today that it has completed its previously announced acquisition of Digital Immersion Software Corp. Digital is a leading developer of dynamic three-dimensional (3-D) graphics and Computer Aided Design / Computer Aided Manufacturing (CAD/CAM) rendering software for desktop, mobile and industrial applications. The company's state-of-the-art core product, Presenter 3D, enables non-technical users to quickly develop photographic replications and animations of Autodesk Inventor® projects for use in sales and marketing collateral, and to accelerate other critical decision support areas without having to develop full engineering prototypes. In particular, Digital's 3-D to 2-D flattening software - a derivative of the 3D Presenter core technology - has been adopted by Gerber Technology (a business unit of Gerber Scientific, Inc. www.gerbertechology.com) for the next release of the Gerber AccuMark Pattern Design System, which is scheduled to launch in August 2005. Gerber Technology will sell and market the system to their worldwide installed based of 30,000 users.

Access to Replay of Investor Conference Call

The management teams of both companies hosted a financial analyst and investor conference call on August 16, 2005. To access a replay of this conference call the Toll-Free Number: 1-888-214-7746 Passcode: 8824722.

About Digital Immersion

Founded in 1998, Digital Immersion Software Corp. is a privately held corporation that develops and markets visualization, rendering, and supplemental authoring software for users of industry-leading CAD packages. With more than half a million users worldwide, all Digital Immersion products - Merlin VR, Merlin 3D, and Presenter 3D - combine a high-end toolset with a highly visual, streamlined workflow for maximum ease of use. Digital Immersion currently offers its products to markets in the United States, Canada, and Europe. In the United States and Canada, Digital Immersion products can be purchased direct or through all authorized Autodesk Value Added Resellers. More information can be found on the web at www.Presenter3D.com.

About iseemedia

iseemedia inc. is a technology leader in rich media content delivery and management for Internet and mobile wireless applications. The company's patented technology sits at the heart of rich media content delivery solutions from e-tailing to medical applications to real estate virtual tours. More than 200 organizations use iseemedia's technology to deliver a more robust, richer Internet experience to their customers and communities, including the Vatican Museums, Nine West, Kenneth Cole, Jones Apparel, Toyota, Hitachi Automotive Products, Four Seasons Hotels, Speedera, Puma and Advanced Micro Devices. For more information visit www.iseemedia.com.

This news release may contain forward-looking statements, which are not historical facts, but are based on certain assumptions and reflect the company's current information and expectations. The forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The company disclaims any intention or obligation to update or revise forward-looking statements. Investors should not place undue reliance on forward-looking statements as a prediction of actual events.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

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