"This is a signal that DreamCatcher is determined to maintain its aggressive growth strategy, particularly in the PC Adventure games market" said Richard Wah Kan, President and CEO. "Having greater control over the production, publishing and distribution process within Europe will allow us to more effectively duplicate the success we have enjoyed in North America - there's great potential for us." DreamCatcher's European office will contain sales, marketing, production and administrative personnel. The new office will be headed up by Olivier Pierre, who was previously Co-Managing Director of French publisher, Wanadoo Edition. The company is currently in negotiation with a number of key distributors across Europe.

By the end of February, 2003, DreamCatcher expects to have games on shelves in the UK, France, Germany, Italy, Spain and Portugal. A further announcement in February will provide details of all distribution agreements and a full product line-up.

DreamCatcher Interactive Inc. Company Profile Background

DreamCatcher is a privately held company based in Toronto, Canada and recognised as one of the top PC Games publishers in North America. The company publishes computer games for the PC, Sony Playstation, Nintendo GameBoy Advanced/GameCube and Microsoft Xbox. DreamCatcher Europe was recently established in Paris, France. DreamCatcher launched its first title in 1996 and now publishes a range of games in a number of genres, experiencing particular success with its PC Adventure line-up. The company is recognized as the market leader in this category in North America, and publishes such titles under its Adventure Company brand. The company has experienced sustained growth over the last 7 years, achieving an incredible growth rate of 10,490% from 1996-2001. DreamCatcher was also recently listed as Canada's 5th fastest growing company in Profit Magazine's 2002 issue.

Management Team

Richard Wah Kan, CEO, began DreamCatcher in 1996. Richard has experience as a Software Development Manager with Apple Computer Canada Inc. and as the Vice President of International Sales with Discis Knowledge Research Inc. Richard was recently named Ernst &Young Entrepreneur of the Year in September 2002. Peter Chung, VP & Chief Financial Officer, joined the company after holding the positions of Assistant Vice President with Manulife Financial and Manager with Ernst & Young LLP. Marshall Zwicker, VP Marketing, started with DCI when it was built in 1996. Having worked with Richard as Sales Manager with Discis Knowledge Research Inc., Marshall shared Richard's dream and helped to bring it to fruition. Olivier Pierre, CEO DreamCatcher Europe, joined the company after holding the positions of Co-Managing Director with the French publisher Wanadoo Edition and International Sales Director with Servant Soft (financial and reporting software) and then Cryo.

Product Line-up

Some of the company's most successful titles include the critically acclaimed, Syberia, Riddle of the Sphinx, Beyond Atlantis, Dracula: The Last Sanctuary and The Crystal Key. In 2003 DreamCatcher will publish more titles than ever before, with sales expected in North America, Europe and Asia. Titles such as PainKiller and BattleCruiser Generations will be the company's best sellers on the PC in 2003. DreamCatcher will also publish a number of Next Generations console games.

About The Adventure Company

The Adventure Company, a division of DreamCatcher, is a leading publisher and distributor of interactive entertainment devoted exclusively to releasing titles geared towards adventure gamers. The Adventure Company is committed to publishing games that deliver maximum value on multiple platforms including, PC, Playstation®2 computer entertainment system, GameCube®, and XboxTM.