The PS205 experiment at LEAR was initiated after we discovered at KEK
that about 3% of p's stopped in liquid helium show anomalously long li
fetime of about 3 mu s. Our success in 1993 to observe laser-induced r
esonant IS annihilation firmly established that the anomaly is due to
the formation of an exotic 3-body ''atomcule'', consisting of an elect
ron, an antiproton and an alpha particle. Subsequent. progress in expe
rimental and theoretical studies of this interesting system is discuss
ed.