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Wednesday June 9, 8:02 am Eastern Time
Company Press Release
CasinoBuilders.com Directors Announced
Company Led by IBM Veteran and Internet Gaming Entrepreneur
The company's mission is to become the premier Management Services company in the Internet gaming industry, recognized for:
-- Market Leading Casino Development
-- Superior Client Service
-- Objective Internet Casino Consulting
-- Creative and Effective Business Solutions
Former IBM Executive and Internet entrepreneur, Andy Ruppanner, leads the company to be headquartered in Colorado Springs, Colorado. International client support offices are being established in Curacao, N.A. for the Caribbean and South America, Vancouver, Canada for Canada and the Asia/Pacific regions, and Amsterdam, NL. for Europe and Africa.
The Company is announcing two Directors today, and a national search campaign is in process to recruit operational executives.
Director - President and CEO - Andy Ruppanner - MBA
Known as the ''Division Starter'' during his 28 year Executive career with IBM, Mr. Ruppanner held General Manager positions in many IBM business units. Selected to lead development of a joint venture between KODAK and IBM, Mr. Ruppanner was a co-founder of TSS, a $1.3 billion technology service and support company. Joining Office Depot as a Vice President, he founded ''Uptime Services'', a new division providing small business technology installation and services.
An experienced Internet entrepreneur, Mr. Ruppanner served as:
-- VP of Marketing and Sales at Command Anti-Virus Software
-- President/COO of the first Internet VPN - HotOffice Technologies
-- CEO of SoftLock Services, software to protect Internet content
distribution
As President of Ruppanner Associates International, he consulted to the Internet casino/gaming industry.
Director - Executive Vice President - Steve Randall
With over 30 years of investment banking, e-commerce, marketing and regulatory experience encompassing both traditional and Internet casinos. Mr. Randall has met the qualifications established by the New Jersey Casino Control Commission on July 1, 1991. As principal of his own marketing company, which was issued a Casino Service Industry License he provided marketing services to major casinos in Atlantic City, NJ.
Mr. Randall has served as: Co-Chairman of Advanced Information Marketing (A.I.M) a pioneer database company Executive Vice President of Direct Communications Group, Inc. and President of Direct Marketing Concepts, Inc.
An experienced Internet and casino marketing executive, he assisted in the 1996 formation of CyberLuck Curacao, which included the drafting and negotiation of Cyberluck's master casino license. As an independent consultant, Mr. Randall has developed strong Internet casino relationships and expertise.
CasinoBuilders.com is the premier provider of turnkey marketing services and operational support to the Internet gaming industry. Recognized for creativity and innovation, the company is dedicated to ''Helping Internet gaming entrepreneurs turn their visions into successful companies''. For additional information about our company, please call our Investor Relations Department toll free at 1-877-638-2766.
Please note: Included in this press release are ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.
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Contact:
CasinoBuilders.com, Inc.
1/877-638-2766
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Friday June 4, 9:01 am Eastern Time
Company Press Release
Magic Lantern Launches New Concept Internet Casino Marketing and Services Company
LAS VEGAS--(BUSINESS WIRE)--June 4, 1999--The Board of Directors of Magic Lantern Group Inc. announces a name change to CasinoBuilders.com, Inc. (OTC BB: CSNO - news). CasinoBuilders.com will provide worldwide management services, consulting, marketing and operational support to Internet casino owners. The company's mission is: ''To help International Internet casino entrepreneurs build their visions into successful companies.''
In addition to the name change, the Board of Directors approved a 2 for 1 forward split of shares as of May 18, 1999, increasing the number of issued and outstanding shares to 6,000,000 (six million), with authorized shares remaining at 50,000,000 (fifty million).
Additionally, the company issued 7,000,000 (seven million) shares subject to trading restrictions pursuant to a private sale, bringing the total issued and outstanding shares as of June 2, 1999 to 13,000,000 (thirteen million).
The 1998 Casino & Gaming Business Market Research Handbook predicted that the Internet gaming market could reach $100 billion to $200 billion in annual revenues by 2005. According to Datamonitor, online gambling turnovers have the potential to dwarf those of other interactive services, tapping into an existing traditional gambling market valued at over $700 billion in Europe and the US alone. Casinos, lotteries and sports books dominate the new market, allowing customers with an Internet connection and a credit card to gamble literally anywhere in the world. With the most successful services turning over more than $1 million per week, the current market value of $600 million is just the tip of the iceberg.
CasinoBuilders.com plans to be the premier provider of comprehensive services and support to the Internet gaming industry. For additional information please call toll-free 1-877-638-2766.
Please note: Included in this press release are ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.
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Contact:
CasinoBuilders.com, Inc.
1/877-638-2766 |
