Server: Microsoft-IIS/2.0 Date: Fri, 19 Dec 1997 16:57:53 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Tue, 16 Dec 1997 23:30:18 GMT Content-Length: 6456 West Coast Video - Company Information <body> <p align="center">[Navigation Bar Here]</p> <div align="left"><table border="0" cellspacing="5" width="100%"> <tr> <td width="100%"><img src="images/Overview.gif" alt="Overview" width="400" height="100"></td> </tr> </table> </div><table border="0" width="100%" cellpadding="10"> <tr> <td><table border="0" cellpadding="5" width="100%" cellspacing="1"> <tr> <td width="75%" bgcolor="#000000"><font color="#FFCC00" face="Arial"><strong>Corporate Overview</strong></font></td> </tr> </table> <table border="0" cellpadding="5" width="100%"> <tr> <td rowspan="2" width="75%" valign="top" align="left"><small><font face="Arial">West Coast Entertainment Corporation is one of the largest video specialty retailers in the United States. The company owns, operates, and franchises over 550 stores. We are the second largest franchisor of video specialty stores in the world and the only domestic franchisor which is currently expanding its franchise base.</font></small><p><small><font face="Arial">The company's goal is to provide the highest quality and most entertaining shopping experience through its distinctive approach to operations and superior customer service.</font></small></p> <p><small><font face="Arial">Our plan is to:</font></small><ul> <li><font face="Arial"><small>Establish a leading presence in selected marketplaces, this concentration of stores enables us to conduct highly targeted marketing programs within these selected markets.</small><br> </font></li> <li><font face="Arial"><small>Build a premium brand the strategy is to create a unique shopping experience through the implementation of an innovative store design and superior customer service.</small><br> </font></li> <li><small><font face="Arial">Capitalize on economies of scale centralized management systems provide the company with key operating efficiencies that provide proven support services to its stores.</font></small></li> </ul> <p><small><font face="Arial">The company intends to grow by selectively developing new stores, acquiring independently owned stores, and expanding its franchise system through area development agreements which provide for the development of specified numbers of stores within specified geographic areas by specified dates.</font></small></p> <p><small><font face="Arial">According to analysts the domestic video rental and sales industry has grown from approximately $3.4 billion in revenue in 1985 to over $14.8 billion in 1995 and should surpass $20 billion by 2005. Kagan Associates reports that the home video market was the largest single source of revenue to major movie distribution accounting for approximately 44.1% of movie distribution revenue with theatres running a distant second at 32% and all others sharing the balance.</font></small></p> <p><small><font face="Arial">West Coast is and will continue to be a major force in video retailing as we approach the 21st century.</font></small><br> </td> <td width="25%" valign="top" align="left" bgcolor="#C0C0C0"><p align="left"><strong><small><font face="Arial">Corporate Offices</font></small></strong></p> <p align="left"><font face="Arial"><strong><small>West Coast Entertainment Corporation</small></strong><br> <small>One Summit Square, Suite 200</small><br> <small>Route 413 &amp; Double Woods Road</small><br> <small>Langhorne, PA 19047</small></font></p> <p align="left"><font face="Arial"><strong><small>Phone</small></strong><big><br> </big><small>215.968.4318</small></font></p> <p align="left"><font face="Arial"><strong><small>Fax</small></strong><big><br> </big><small>215.968.5164</small></font></p> <p align="left"><font face="Arial"><strong><small>Investor Relations Contact</small></strong><big><br> </big><small>Steven J. Apple<br> Vice President of Corporate Development</small></font></p> <p align="left"><font face="Arial"><strong><small>E-mail</small></strong><big><br> </big><a href="mailto:investor@moviebuff.com"><small>investor@moviebuff.com</small></a></font></p> <p><font face="Arial"><strong><small>Web site</small></strong><big><br> </big><a href="http://www.westcoastvideo.com/"><small>http://www.westcoastvideo.com/</small></a></font></td> </tr> <tr> <td width="25%" valign="top" align="left" bgcolor="#C0C0C0"><strong><small><font face="Arial">Shareholder Information</font></small></strong><p><small><font face="Arial"><strong>Exchange:</strong> NASDAQ</font></small></p> <p><small><font face="Arial"><strong>Ticker Symbol:&nbsp; </strong>WCEC</font></small></p> <p><strong><small><font face="Arial">For all stockholder related inquiries, please call:</font></small></strong></p> <p><small><font face="Arial">ChaseMellon Shareholder Services<br> 1-800-288-9541</font></small></p> <p><strong><small><font face="Arial">Transfer Agent and Registrar</font></small></strong></p> <p><small><font face="Arial">ChaseMellon Shareholder Services LLC<br> Overpeck Center<br> 85 Challenger Road<br> Ridgefield, NJ 07660</font></small></td> </tr> </table> <p>&nbsp;</td> </tr> </table> </body>