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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: Marc A. Richter who wrote (1500)3/15/1999 10:50:00 AM
From: SCOOBEY-DO  Read Replies (1) of 2909
 
News Release!!!
.
March 15, 1999 10:21

eConnect to Announce First Earnings for the Company From Unaudited First Quarter Earnings Results on April 7

LAS VEGAS--(BUSINESS WIRE)--March 15, 1999--eConnect (OTC BB:BETT) has been generating ongoing revenues from its eSports.com Group within the eConnect eGaming division since Jan. 2 of this year.

eConnect will post unaudited earnings results for the first quarter of 1999 on April 7.

The earnings results of the second quarter will reflect revenues generated by eGate, the eConnect transactions division, and continued earnings results from eGaming.

eConnect, as a fully reporting company, will be current on the 98 10K and 10Q filings by April 9.

"We are happy to forecast first earnings for eConnect since the completion of the Jan. 2 merger, and expect continued earnings reports as we complete near term acquisitions," stated an eConnect spokesperson.

Contact: Carnegie, Cooke & Co.
Anita Goldberg, 800/262-2331 (investor relations)
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