INTERSPACE ENTERPRISES INC ("ITET-L") - PlanetLotto Lottery Engine Completed by Excusebusters
Interspace Enterprises Inc., owner and operator of PlanetLotto.com, announced the completion of the back-end lottery engine for PlanetLotto.
Daniel P. Murphy, president and CEO of Interspace Enterprises, expressed his excitement regarding the completion of the lottery engine. "We are pleased that Excusebusters has fulfilled their obligation and developed the company's lottery engine on schedule. This milestone represents the completion of a key aspect of our business model and keeps us on track for our inaugural launch."
Dan Lantis, CEO of Excusebusters, also discussed the achievement today. "This is a tremendous achievement for PlanetLotto and Excusebusters. We look forward to the release of the production site and to a long-term working relationship with PlanetLotto."
Over the next several weeks, the company will perform alpha, beta and stress tests to ensure the integrity of the lottery engine. The PlanetLotto lottery engine is an extension of Microsoft(R) Commerce Server 2000, which was recently named CRN Channel Champion for E-Commerce Platforms.
Excusebusters Multimedia is a leading developer of solutions for e-commerce businesses. Their core team of talented Microsoft solution developers provide strong support in Web design and functionality, with years of expertise in working with ASP and multimedia programs, including Flash and Macromedia.
Interspace Enterprises Inc., which was founded in 1998, created PlanetLotto.com, to erase the geographic boundaries that currently fragment the world lottery market, which generated $130 Billion in sales in 2000. By visiting the PlanetLotto.com site (http://www.planetlotto.com) and purchasing a lottery ticket, people from around the globe have the opportunity to participate in a worldwide Internet lottery with the chance to win millions of dollars. PlanetLotto.com's inaugural draw is scheduled for Fall, 2001. |
