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eMusement Secures Multi-Million Dollar Financing Deal

El Segundo, CA - March 16, 2001 - R.E.D. - Representing Entertainers & Developers, announced that eMusement, a leading provider of 3D online entertainment, has secured a major investor to create a new persistent online world.

While details of the deal remain closely held, it can be disclosed it is a multimillion dollar funding agreement to create a massively multiplayer online experience.

"I wish we could say more at this point, but when we are able to reveal more information, this deal will mark a significant industry milestone for independent game developers," said Paul D. Cunningham of R.E.D., which provides professional representation for eMusement.

eMusement was created to capitalize on the growing demand for online entertainment content, as well as to provide an outlet for the creative visions of the key personnel. Its core members were key technical and creative talent in the creation of EverQuest, the most successful massively multiplayer online game ever with 327,000 monthly subscribers.

R.E.D. is the video game industry's leading representation company and assists talented video game developers in securing development agreements with publishing companies.

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