Honey, We Shrunk Ourselves is released

Honey, We Shrunk Ourselves is a 1997 direct-to-video sequel to Honey, I Shrunk the Kids and Honey, I Blew Up the Kid. It is the last film in the franchise. The directorial debut of Dean Cundey and released through Walt Disney Home Video, it tells the story of the "nutty" inventor Wayne Szalinski as he accidentally shrinks his wife, brother, sister-in-law, and himself with his electromagnetic shrink ray.

Rick Moranis returns to portray Wayne Szalinski. He is the only returning cast member from the previous films. His wife, Diane, is portrayed by Eve Gordon, and their youngest son Adam, now a preteen, is played by Bug Hall. Nick and Amy have gone off to college(as discussed between Diane and Adam in the film). This film includes Wayne's extended family, including his brother Gordon and his wife, Patti. Unlike the first film, where the kids had to get their parents' attention, the parents have to get their kids' attention.

Only a few months after this film was released, The Disney Channel picked up a show based on the Szalinskis' troubles: Honey, I Shrunk the Kids: The TV Show. It starred Peter Scolari in the role of Wayne. This was the last incarnation of the franchise, this is also Disney's first Live-Acton movie to get a Direct-to-Video Release.

This was Rick Moranis' final live-action role before his subsequent retirement from acting.

http://en.wikipedia.org/wiki/Honey,_We_Shrunk_O...