Blue Sky News is out! This should bring additional investor confidence.
Bingo.com, Inc. Announces Approval for Standard and Poor's Listing and Blue Sky Manual Exemption
TALLAHASSEE, Fla.--(BUSINESS WIRE)--April 14, 1999--Bingo.com, Inc. (OTC BB:BIGG - news; ''the Company''), a high technology Internet company that is developing the world's first ''Bingo-based'' e-mail community, announced today that the Standard and Poor's Editorial Board has approved the Company for a full description in Standard & Poor's Standard Corporation Records.
Additionally, the Company will now have its description published in Standard & Poor's Daily News Section. Standard and Poor's will also initiate financial coverage of the Company as part of the S&P Market Access Program. Bingo.com, Inc. will have coverage on Standard and Poor's Internet Site, www.advisorinsight.com, as well as S&P Marketscope and the S&P Stock Guide database.
Darren Little, president and CEO of Bingo.com, Inc. stated, ''This marks a major milestone for Bingo.com, Inc. Both shareholders and brokers alike have been waiting for Bingo.com, Inc. to gain this approval. We are extremely pleased that Standard & Poor's has approved Bingo.com for a listing. Standard & Poor's financial coverage program is one of the industry's best, we will utilize this program to broaden the dissemination of news from the Company and heighten awareness of Bingo.com, Inc. to the financial community.''
Standard Corporation Records is a recognized securities manual for ''blue sky/manual exemption'' trading in approximately 35 states. Bingo.com's listing in Standard Corporation Records should assist the brokerage community in making a market for Bingo.com's stock. However, it is recommended that brokers check with the blue sky laws in their given state.
Bingo.com will provide Internet users with a destination point or portal site that will be easily recognized as an informative home page. The site will be set up as an information center with free e-mail, free web pages, free news, free music, chat rooms, sports, entertainment and lifestyle information in a fun and exciting environment, surrounding the most popular game in the world: Bingo.
The Bingo.com site will offer extensive free downloads, free information and free ''hot links'' with a wide variety of exciting prizes and promotional partnerships, creating a communicative infrastructure of international chat, e-commerce, entertainment and excitement.
Through an extensive array of media partnerships, once every 24 hours, a surprise jackpot Bingo will be announced with a 30 minute countdown notice.
The Bingo.com destination site will be launched in conjunction with an international media campaign as the world's first ''Bingo-based'' e-mail/web page community. The Bingo.com site will combine news and lifestyle information in a fun and exciting interactive and entertaining environment. Wherever you are...wherever you want to go...Bingo! You're there.
This press release contains forward-looking statements, particularly as related to the business plans of the company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results may differ materially from the company's expectations and estimates. For additional company information contact: Chris Sargent or Rob Riker toll-free at 877/322-4646.
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Contact:
Bingo.com, Inc.
Rob Riker/Chris Sargent, 877/322-4646
invest@bingo.com
www.bingo.com
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