Spatial View Inc. Completes Second Round of Investments

CEO Beat Raemy is pleased to announce that today marks the completion of the second round of investment in Spatial View Inc, following investment by Arcadian Securities. As part of the agreement, Mr. Alexandros Salavrakos, CEO and Chief Administrator of this cutting edge investment company will join SVIs board of directors.

(PRWEB) October 24, 2004 -- CEO Beat Raemy is pleased to announce that today marks the completion of the second round of investment in Spatial View Inc, following investment by Arcadian Securities. As part of the agreement, Mr. Alexandros Salavrakos, CEO and Chief Administrator of this cutting edge investment company will join SVIs board of directors.

We are extremely pleased to be moving on to the next stage of business with Spatial View Inc," said Mr. Beat Raemy. This will allow us to move forward with some exciting new plans and execute our strategy to bring this technology into the mainstream -- bringing it to new industries and new areas of the world."

With over 15 years of professional experience, Mr. Alexandros is an ideal addition to the SVI Board of Directors. He brings a great deal of accomplished multi-national business knowledge to the table, having worked with start-ups all over Europe and North America. SVI will benefit significantly from his strong history with high-growth technology companies. Arcadian Securities specializes in identifying early on start-up ventures with great growth potential in different fields. They have invested in ventures as far apart as Internet commerce, trucking, speech recognition technology and travel.

It is our job to identify start-ups that combine a strong vision of the future with a brilliant management team that can bring this vision to life. We are convinced Spatial View belongs to this exclusive club," said Mr. Alexandros Salavrakos. We are very happy with the achievements of the company so far, as all

milestones have been reached well in advance of forecasts, and the company has been able to put together an experienced and focused management team in which we have all confidence."

SVI will now move forward with a number of plans aimed at increasing awareness of this new 3D technology and its business applications, both in new industries and new global regions, as well as continued interest in forming strategic partnerships with organizations well-versed in these sectors.

3D imaging is definitely the way of the future and we are very excited about being part of a venture with such high potential returns," said Mr. Salavrakos.

About Spatial View

SVI, a Canadian / German corporation, takes your visual communication to the next level in a true three-dimensional space. Having acquired know-how from pioneers in the field of 3D imaging, we offer applications independent of hardware manufacturers and/or operating system in this field, providing comfortable coupling of 3D interaction and presentation on any auto-stereoscopic output devices.

www.spatialview.com.

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