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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation

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To: Chuck Rubin who wrote (2451)6/11/1999 2:01:00 PM
From: Chuck Rubin  Read Replies (1) of 2585
 
*****************NEWS OUT!!!!!!******************

FOR IMMEDIATE RELEASE

GIC Global Intertainment Corporation
1500-885 West Georgia Street,
Vancouver, B.C. V6C 3E8
Contact: Keith Lindquist / Shawn Balaghi
Ir@ggncwins.com
www.ggncwins.com
Toll Free: 1-877-GIC-WINS
Phone: 604-688-6888
Fax: 604-688-9382

Davidson & Company commence auditing GGNC

June 09, 1999, LAS VEGAS, NEVADA- GIC Global Intertainment Corporation- GGNC on the O.T.C. Bulletin Board (located and licensed in the
Commonwealth of Dominica), is pleased to announce that Davidson & Company has started their audit of the most recent fiscal year for GGNC.

Davidson & Company is among the top ten auditing firms and has extensive experience in auditing US, and Canadian public companies. Davidson & Company is
internationally affiliated with offices around the world.
GGNC is pleased to announce that the company is actively pursuing a US securities registration which will ensure a fully reporting status.

As GGNC is currently being audited, the wagering revenues will be announced on a quarterly basis starting from May 1999.

GNNC's competitors within the Internet gaming market include Anchor Gaming Inc. (NASDAQ: SLOT), Trans World Gaming Group (OTC BB:IBET), Argosy
Gaming Co. (NYSE:AGY), International Game Technology Inc. (NYSE:IGT ), Cryptologic Inc. (TSE: CRY), Starnet Communications International Inc. (OTC
BB: SNMM ), GLC Limited (NASDAQ: GLCCF), Atlantic International Entertainment Ltd. (OTC BB: AIEE), Cybergames Inc. (OTC BB: CYGA), IGN
Internet Global Network Inc. (VSE : IGN, OTC BB : IGINIF) and Global Games Corp. (OTC BB: GLOW).

GIC Global Intertainment Corporation is a high technology Internet Gaming Company (www.cyberbetz.com) that searches for proven technologies, which are
directly linked to the Internet. The Company intends to seek market dominance by way of mergers and acquisitions of Internet-related gaming companies and
technologies that are already positioned in the marketplace.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is
subject to the safe harbor provisions of these sections. Actual results may differ materially from the expectations and estimates of GIC Global
Intertainment Corporation.

Investor Relations Contact: Keith Lindquist or Shawn Balaghi
Toll Free 1-877-GIC-WINS (877-442-9467)
E-mail ir@ggncwins.com or (604) 688-6888

______________________________________________
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