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Two Bit Circus to Open World's First Micro-Amusement Park™

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A New Kind of Playspace to Open in DTLA, Combining Social Games and
Old School Carnival Entertainment with Immersive Technology

Two Bit Circus, an experiential entertainment company, today announced
the world's first Micro-Amusement Park, designed to encourage
elbow-to-elbow fun with the latest in entertainment technology.

The new park will open to the public this fall and is located at 634
Mateo Street in the Arts District in downtown Los Angeles, California.

Over the past few months, the 50,000 square foot building has been
completely redesigned as a new kind of social playspace with the latest
in multi-person virtual reality, mixed reality, never-before-seen group
games, molecular gastronomy, mechanical mixology and more - all centered
around the fun and nostalgia of the traditional carnival midway.

"Each of our games is designed to encourage you to get out of your home,
out of your seat, and into the moment with friends or strangers," said
Two Bit Circus CEO and Co-Founder, Brent Bushnell. "After years of
bringing installations, attractions, activations, and games to events
all over the world, we are thrilled to have a permanent location in DTLA
and so excited to welcome guests under our brand new Big Top!"

To accelerate growth of the Micro-Amusement parks, Two Bit Circus
received strategic investment from CJ CGV, South Korea's largest
entertainment and theatrical company and the world's fifth largest
cinema exhibition company.

The Micro-Amusement Park contains multiple zones, each offering a new
and exciting type of interactive experience. Uniquely appetizing food
and beverage options are available as well - some prepared by house made
robots, others by culinary professionals.

"We're excited to be working with Two Bit Circus and to be involved in
the creation of the Micro-Amusement Park," said Jeong Seo, CEO of CJ
CGV. "We can't wait to see how consumers respond to these new
experiences and look forward to supporting Two Bit Circus' growth."

During his trade mission to Asia, Los Angeles Mayor Eric Garcetti joined
CJ CGV CEO, Jeong Seo and Two Bit Circus Asia Chairman, Richard Change
to discuss their collaboration.

"Two Bit Circus is harnessing the power of technology to deliver
experiences you have to see to believe," said Mayor of Los Angeles, Eric
Garcetti. "CJ CGV and Two Bit Circus, two innovative companies — in two
innovative cities — coming together will showcase the next generation of
entertainment."

"We're thrilled to be working with Two Bit Circus and involved in the
creation of the Micro-Amusement Park," said Joanna Popper, Global Head
of Virtual Reality for Location Based Entertainment of HP. "This
best-in-class Virtual Reality experience and content, powered by HP
technology, will inspire guests to continue seeking out compelling and
entertaining VR experiences."

"There is a lot to do, and we don't expect people to be able to do it
all in one visit," said Eric Gradman, Mad Inventor and Co-Founder of Two
Bit Circus. "The content will be rotating regularly more like a theater
than an arcade. We designed the park to be a fun casual outing, not a
place you have to plan a trip to."

For more information on Two Bit Circus and the world's first
Micro-Amusement Park, visit www.twobitcircus.com
or follow @twobitcircus.

About Two Bit Circus

Two Bit Circus is a location-based entertainment company exploring the
future of fun. The team of artists, inventors, educators and performers
build social games and experiences that aim to inspire, engage and
reinvent the way people play. Today, they announced the opening of the
world's first Micro-Amusement Park in downtown Los Angeles, Calif. For
more information, visit www.twobitcircus.com
or follow @TwoBitCircus.

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