PKER - VANCOUVER, BC--(BUSINESS WIRE)--August 19, 1999--Poker.com, Inc.
(OTC BB:PKER - news) is pleased to announce that it has become a
publicly traded company on the National Association of Securities
Dealers' Over-the-Counter Bulletin Board exchange under the symbol
"PKER".
Poker.com, Inc. is an entertainment and marketing company that
has entered into an agreement with UniNet Technologies Inc.
("UniNet"). This irrevocable agreement grants Poker.com, Inc. the
exclusive world-wide rights to market UniNet's poker.com domain
name and generate revenues from it.
Poker.com, Inc. will derive its revenues from:
(1) Marketing and Management of poker and other casino games
(2) Banner advertising
(3) Opt-in newsletter advertising programs
(4) Gaming related services and products (i.e. books, playing
cards).
UniNet has purchased multi-player poker software from ASF
Software, Inc., a well-established software and gaming company. The
website, www.poker.com is expected to launch multi-player poker games
on or before 1st October, 1999 and commence accepting real-money
wagers immediately.
The company will further leverage its strong brand name and
on-line presence into a full range of casino-style games. This will
fully capitalize on the rapidly expanding Internet gaming market which
is anticipated to grow to US$ 10.2 billion by 2002 ("London Financial
Times"). Casino software will be licensed from either Starnet
Communications International Inc., Cryptologic, Inc. or BossMedia.
Discussions are currently underway.
The site, www.poker.com, will be set up as a portal with free
e-mail, free newsletters, links to other informative and synergistic
sites , chat, and entertainment information in a fun and exciting
environment. Poker.com Inc.'s goal is to establish www.poker.com as a
leading edge and innovative Internet destination.
New games and creative ideas (such as 3-D environments) will be
actively sought out in order to create and maintain a competitive
edge. As part of this strategy, other competitive and synergistic
sites and technologies will be acquired.
Once www.poker.com goes live, Poker.com, Inc. plans to
aggressively capture market share with a major advertising campaign
through the Internet and off-line media channels.
Poker.com, Inc. is committed to establish the site www.poker.com
as the largest on-line poker site in the world within 6-12 months.
Poker.com, Inc.'s competitors in the Internet gaming market
broadly include: Trans World Gaming Group (OTC BB:IBET - news), Argosy
Gaming Co.(NYSE:AGY - news), International Game Technology Inc.
(NYSE:IGT - news), Cryptologic Inc. (TSE:CRY - news), Starnet
Communications International Inc. (OTC BB:SNMM - news), GLC Limited
(Nasdaq:GLCCF - news), Atlantic International Entertainment Ltd. (OTC
BB:AIEE - news), Cybergames Inc. (OTC BB:CYGA - news), IGN Internet
Global Network Inc. (VSE:IGN, OTC BB:IGINIF), Global Games Corp. (OTC
BB:GLOW - news), and Bingo.com (OTC BB: BIGG - news).
This press release may contain forward-looking statements,
particularly as related to the business plans of the company, within
the meaning of Section 27A of the Securities Act of 1993 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.
--30--ajg/in*
CONTACT: Graham Taylor or Bob Vukovich
Toll-free: 800/844 4611
Fax: 604/681 4707
e-mail: info@poker.com |
