ULTRACADE TECHNOLOGIES

ULTRACADE to SHIP STREET FIGHTER ANNIVERSARY EDITION ARCADE MACHINE
Joint Project with Capcom Allows the All Time Best-Selling Fighting Games to be Available in a Multi-Game Coin-op Format

San Jose, CA. - November 12, 2004 - ULTRACADE TECHNOLOGIES today announced it has reached a licensing agreement with Capcom, a leading worldwide developer and publisher of video games and creator of the world famous Street Fighter series. The agreement gives UltraCade North American and European rights for distribution of the library of Street Fighter products published by Capcom. UltraCade plans to release "Street Fighter - Anniversary Edition", multi game arcade machine, based on its proprietary operating system and emulation engine featuring eight different Street Fighter games.

The "Street Fighter - Anniversary Edition" arcade machine features Street Fighter II Champion Edition, Street Fighter II Hyper Fighting, Street Fighter II: The World Warrior, Super Street Fighter II Turbo: Grand Master Challenge, Super Street Fighter II: The New Challengers, Street Fighter Alpha: Warriors' Dreams, Street Fighter Alpha 2, and Street Fighter Alpha 3. The machine will be offered in a standard 27" configuration and a deluxe 39" configuration featuring the original Street Fighter joystick and six button control panel. Each of these configurations will feature new high resolution monitors and ergonomically designed cabinets to maximize player enjoyment. UltraCade will be showing the new machine at this fall's IAAPA show in Orlando, FL.

We believe Capcom was attracted to UltraCade system because it is a secure technical solution and features state of the art emulation technology," said Bob DeKett, vice president of business development for UltraCade Technologies. " Thanks to the UltraCade release, many arcade players will once again be able to line up and play the game in its original form.

We are very pleased to partner with Capcom to launch the release of these arcade classics. Street Fighter II has been very popular as part of our UltraCade multi-game system, and the amount of play it gets has justified that we publish it as a stand alone cabinet, dedicated to the Capcom Street Fighter franchise. Players around the world love the Street Fighter series,and we have a huge demand for this new machine," said David R. Foley, chief executive officer, UltraCade Technologies. "We look forward to working with Capcom in releasing this collection of their flagship fighting series.

About UltraCade Technologies

Headquartered in San Jose, California, UltraCade Technologies is the world's leading manufacturer of classic multi-game video machines for both the coin-op and consumer markets. With an ever-expanding library of licensed classic arcade titles, UltraCade continues to lead the retro-gaming movement. UltraCade designs and develops hardware and software technology that is licensed and used by a majority of leading-edge companies in the Coin-Op industry. More information about UltraCade Technologies and its products can be found on the company's website at www.ultracade.com.

About Capcom

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment. Founded in 1979, the company has created world renowned franchises including Resident Evil, Street Fighter, Mega Man, Breath of Fire, Devil May Cry and the Onimusha series. Headquartered in Osaka, Japan, the company maintains operations in the U.S., United Kingdom,Germany, Tokyo and Hong Kong. More information about Capcom and its products can be found on the company's web site at www.capcom.com.

UltraCade and the UltraCade Technologies logos are trademarks of UltraCade Technologies. Capcom, Mega Man and Resident Evil are registered trademarks of Capcom Co., Ltd. Street Fighter is a registered trademark of Capcom U.S. A. Inc. Onimusha, Devil May Cry and Breath of Fire are trademarks of Capcom Co., Ltd. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. All rights reserved. All other marks are the property of their respective owners