dreamin' of JD again....? Competitors>>>>
(BSNS WIRE) CyberBingo now offering $1,000 Jackpots
CyberBingo now offering $1,000 Jackpots
Business Editors, Entertainment Writers
BUFFALO, N.Y.--(BUSINESS WIRE)--June 10, 1999--dot com
Entertainment Group, Inc. ("dot com") (OTCBB: DCEG) is pleased to
announce the release of CyberBingo(TM) 4.5, a further upgrade to its
pre-eminent Internet bingo game.
The upgrades to CyberBingo(TM) 4.5 include the addition of a
fourth Bingo card to every 'ticket' of cards. This replaces the old
three-card format and allows Bingo players to purchase 1 to 24 cards
for any given game. CyberBingo(TM) 4.5 also provides for a "three-tab"
format, with 2 rows of 4 cards on each tab, allowing for easy access
to up to 24 cards in play in any game. This new interface also
automatically monitors and "auto-dabs" cards, however players wishing
to play all of their cards manually can turn off this convenient
feature. The graphics of the new game interface was also improved to
give it a more appealing look and feel while incorporating all of the
new features and enhancements that have been included with this new
release.
"This change has now made it easy for our licensees to become more
competitive by allowing CyberBingo(TM) operators to lower their prices
to $0.25 per card or $1.00 for a row of four Bingo cards", said Perry
Malone, Vice President of Technology, "in addition, our clients can
now offer players the opportunity to win a $1,000.00 Jackpot prize for
just $0.25".
dot com said that its client in Antigua is pleased to report that
the number of participating players has increased again by more than
100% since May 11, 1999. The increase in activity is attributable to
the enhancements delivered by the latest two software upgrades made to
CyberBingo(TM), including this latest version which was successfully
implemented by dot com on June 3, 1999.
The company is now pursuing the development of its other software
products which will be released shortly. The successful enhancement of
CyberBingo(TM) 4.5 has allowed dot com to make many of the
improvements necessary to expedite the release of its second software
offering, Keno, which is presently being tested.
The dot com website can be visited at www.dceg.com. This site has
links to the CyberBingo(TM) game system (www.cyberbingo.net), which
operates 24 hours per day, 120 games each day, and is played by
players from countries throughout the world. dot com plans to expand
its Internet and commercial software product base in 1999 to become a
leading provider of Internet entertainment software products and
services.
.com is a development-stage company. Certain of the information
contained in this news release constitutes "forward-looking
statements", including but not limited to those with respect to the
future revenues, the Company's development strategy, involve known and
unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Such factors include, among others, the continued acceptance of the
Internet, number of visits to the Company and it's affiliates web
sites, as well as those factors disclosed in the Company's documents
filed from time to time with the United States Securities and Exchange
Commission.
--30--jc/ny*
CONTACT: dot com Entertainment Group, Inc.
Scott White, President or
Andre Kern, Controller & Investor Relations
(416) 366-1444 akern@dceg.com
or
The Investor Relations Group
Investors Contact:
Juan Dominguez & Dian Griesel, Ph.D.
Media Contact: Richard Land
(212) 736-2650
KEYWORD: NEW YORK
INDUSTRY KEYWORD: ENTERTAINMENT COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS ENTERTAINMENT
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