NEEEWWWSSSSSSSSS!!!!!!!! (ha scoob!)
eConnect Subsidiary 777Wins.com Creates First Co-Marketing of Virtual and Physical Casinos
Business Wire - June 03, 1999 09:19
LAS VEGAS--(BUSINESS WIRE)--June 3, 1999--eConnect (OTC BB:BETT), a fully reporting company, Thursday announced that its 777Wins.com has established the first co-marketing program tying a virtual casino to a physical casino.
According to an eConnect spokesperson: "This is a marketing breakthrough that we have long expected in the Internet gaming industry, and we are pleased that 777Wins.com is the first to develop this approach. 777Wins.com has created a Tournament for its on-line players, with the grand prize being a trip to a famous overseas Hotel and Casino.
"This will be a fun event for players, as well as a tremendous incentive that should significantly raise volumes at 777Wins.com. The tournament will begin June 15, and end June 25. The winner will receive an all-expense-paid trip for two, to the famous Gran Hotel in beautiful Costa Rica. Airfare is included. Details are available at www.777Wins.com/tournament."
eConnect is a publicly traded company, focused on eCommerce. eConnect owns and operates its own Internet sites and kiosks, and markets P.E.R.F.E.C.T.(tm) products and services to enable other Internet and non-Internet merchants to accept ATM and Smart Card payments from consumers.
eConnect is already generating revenue from Web sites that it operates or licenses technology to, such as 777Wins and eSportsbet; and projects revenues to grow rapidly as new Web sites are acquired, and as P.E.R.F.E.C.T.(tm) processing services are provided to other Internet merchants.
This news release contains forward-looking statements subject to the safe harbor act created by the Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of factors such as changes in the marketplace, unanticipated competitive activity, a downturn in economic conditions, or delays in product development.
CONTACT: Carnegie Cooke & Co. (for eConnect)
Anita Goldberg, 800/262-2331, Investor Relations
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