With this change in corporate strategy came the resignation of the Company's Chairman and CEO, Mario Bassani. Bassani notes that he will be taking on extensive projects within the food industry.

Steven Wise, will assume Bassani's responsibilities in stepping up to become stereoscape's acting Chairman and CEO. Wise was formerly the Company's President.

Under Wise's direction the Company will endeavor to devote all its resources toward the success of Marx.

"Stereoscape will now concentrate on building the Marx collectible toys division, which sells Limited Edition Collectible toys manufactured using the original Marx molds once used by the world renowned Louis Marx and Company, which had been known for many years as the worlds largest toy company," stated Steven Wise, the Company's acting Chairman and CEO. "Additionally, we will seek to capitalize on the Marx name by licensing of the once famous Marx trains as well as ride-a-long toys and miscellaneous classic games," he added.

Except for historical information contained herein, the matters discussed in this news release are forward looking statements that involve risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation, needs of liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission.