A B-Movie is defined as "a low-budget film which provides a level of entertainment and/or artistic value which rivals or surpasses big-budget mainstream pictures.
Razor Blade Smile won awards for Best B-Movie, Best Actress (Eileen Daly), Best Cinematography (Jim Solan), Best Director (Jake West), and Best Special Effects.
I Woke Up Early the Day I Died a 'dialogue-free comedy' based on an unproduced Ed Wood screenplay, won Best Picture, Best Cinematography, Best Set Design, Best Director (Aris Iliopolous), Best Actor (Billy Zane), and Best Star Cameo (Christina Ricci).
Other awards were Best Actress to Karin Viard for The New Eve, Best Screenplay, for Pep Squad, by Steve Balderson, and Best Documentary for Memories of the Soil.
Aliens of the Sea won Best Documentary, Third World Cop Best Musical Score, Beware Best Editing, Cremains Best Set Design, Biohazardous Best Make-up, Creatures of the Mist Best Special Effects, Bucky McSnead Best Short Subject and Ornaments Best Animated Short.
There was a Special Achievement Winner: Young Man Kang for 1st Testament CIA Vengeance [7] Prison-a-Go-Go, a parody of women in prison films, won Best B-Movie, Best Director (Barak Epstein), Best Actress (Rhonda Shear), and Best Set Design.
[9] Land of College Prophets, a fantasy comedy, won Best Picture, Best Actor (Thomas Edward Seymour), Best Cinematography, and Best Make-up Effects.
Best Director was shared by four people, Thomas Edward Seymour, Mike Aransky and Phil Guerette jointly for Land of College Prophets, and Elza Kephart for Graveyard Alive, which also won for Best Editing.
And I Lived won for Best Supporting Actor (Josue Rivera), and Best Music Score (Matt Tyson and Gary Judge).
Science fiction film Borrowing Time, won Best Director (Webster Crowell), Best Editing, Best Set Design, and Best Digital / Special Effects.