Press Release: Waterford Sterling Corporation
May 9, 2001
WINTER PARK, FL -- Waterford Sterling Corporation (OTC Bulletin Board: WTFD) yesterday announced it has completed
its contract with XS Entertainment, a 40,000 square foot entertainment complex in Orlando, Florida. Waterford Sterling
manufactured and sourced much of the facility's highly customized furniture and fixtures.
XS Entertainment is the flagship complex for Namco Cybertainment, Inc., North America's largest supplier of coin-operated
entertainment and attractions. The complex will open in the second quarter of 2001. The XS complex in Orlando is
the beginning for what Namco plans as a national string of casual fine dining and entertainment attractions.
About Namco Cybertainment
Namco Cybertainment is a pioneer in the development of new concepts in entertainment through cutting-edge projects
such as XS Entertainment and WonderPark. Namco Cybertainment is a wholly owned subsidiary of game industry giant
Namco Limited, the world's foremost designer of electronic entertainment for commercial and consumer use. Namco
operates over 85,000 games in over 2,300 entertainment centers, amusement parks and other sites worldwide. Namco's
stock is traded on the Tokyo Stock Exchange.
About Waterford Sterling Corporation
Waterford Sterling is a manufacturer and importer of custom hospitality, timeshare, office and residential furniture.
The Company has a global management team experienced in manufacturing, construction, hospitality, marketing and
finance. Waterford Sterling controls its own manufacturing processes and has established banking facilities domestically
and abroad.
For more information, see Waterford Sterling's Web site at www.WaterfordSterling.com
or call Jacob Nguyen, Vice President, at (877) 775-7336.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release
that relate to the company's expectations with regard to the future impact on the company's results from new products
in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act
of 1995. The results anticipated by any or all of these forward-looking statements may not occur.
SOURCE: Waterford Sterling Corporation