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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: David A. Lethe who wrote (710)10/13/1998 1:47:00 AM
From: Drake  Read Replies (1) of 8858
 
Looks like M&A is doing its job. Finally!! They hired a firm that actually does what it is supposed to do, get Starnet noticed and expose their potential.

News September 12, 10:07 Eastern Time
VANCOUVER, B.C. (Oct. 12) BUSINESS WIRE -Oct. 12, 1998--Starnet Communications International, Inc. will be among 80 of the top growth companies in the world to gather October 20 at Discovery Expo '98 to meet 1,000 Wall Street movers and shakers at the New York Hilton and Towers.

This sixth in a unique series of Discovery Expos was organized by the Investment Reporter, a Newport Beach, Calif.-based financial newspaper, to bring together undiscovered companies with high-profile growth fund managers, analysts, stockbrokers and sophisticated investors in a one day event.

These key players will have a chance to become acquainted with the products, top executives and future outlook of participating NASDAQ and OTC Bulletin Board listed firms whose stock represents opportunities for appreciation.

"When you're a mid-cap or small-cap company you tend to fall off the financial radar screen no matter how well you're doing financially," said John Robbins, publisher of The Investment Reporter, host of the Discovery Expos.

"The financial world needs to find growing companies whose shares have further upside potential and these companies want to be discovered. Expo '98 is a convenient way for them to find each other."

Starnet Communications is a technology and entertainment company, with operations in several highly competitive Internet markets, which are growing at rates of 50%-100% per year.

Its international gaming operation, World Gaming Services, Inc., accepts, processes and manages wagers through the Internet on a wide variety of casino-style games, international sporting events, pari-mutuel horse racing and world-wide lotteries.

Softec Systems Caribbean Inc., a wholly owned subsidiary, provides customized, real-money Internet gaming systems to third party operators who need Softec's technology to participate in the rapidly growing Internet gaming market.

EFS Caribbean, Inc. another wholly owned Starnet subsidiary based in Antigua, has been engaged as the secure transactions processor for the World Gaming system. EFS Caribbean, through its transaction gateways with major banks, processes reciprocal conversions of international currencies into Internet "V-Cash."
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