GGNC- BEING THE SPORTS NUT I HAD TO BUY ON NEWS
NS WIRE) GGNC Announces the Launch Of Sportzpage.com
GGNC Announces the Launch Of Sportzpage.com
Business Editors, High-Tech Writers
LAS VEGAS--(BUSINESS WIRE)--July 8, 1999--GIC Global
Intertainment Corporation, (OTC BB:GGNC) a high technology
entertainment and marketing company that markets an online sports book
and casino at www.cyberbetz.com, is pleased to announce the launching
of it's newest business venture, Sportzpage.com.
Sportzpage.com is a state of the art, sports-based web site
featuring 11 sports including baseball, football, hockey, soccer,
basketball, auto-racing, golf, boxing, tennis, college sports, and
horse racing. Sportzpage.com includes real time general news,
summaries, scores, schedules, standings, and statistics on major
sports. This information is updated hourly featuring only the most
recent sporting news from across the globe.
Sportzpage.com also features an on-line sports store for selling
of related sports products including memorabilia and music store etc.
Articles and features are supplied by I-Syndicate, through an
agreement with the Associated Press, which is a premier news service
delivering a variety of information including world, national, state
and sports, AP is one of the most respected names in the news feed
business. Sportzpage.com can be compared to other top quality sport
based web-sites such as: ESPN.com, SportingNews.com, CNNSI.com, and
CBS Sportsline.
GGNC intends to use Sportzpage.com for advertising various
on-line gaming sites it owns and operates. Since Sportzpage is also
available in Chinese language, and it is currently being advertised on
TV networks and various printed media including newspapers and
magazines in various Asian countries, it will play a substantial role
in our aggressive marketing campaign in Asia.
Sportzpage will be generating substantial revenues by selling
banner advertising to major corporations and major sports leagues such
as NHL, NFL, and NBA. Since 1996 on-line banner advertising revenues
have grown from $157.4 million to a projected $5 billion on the year
2000. Based on the traffic that Sportzpage has already received, it
should be able to generate $600,000 dollars in its first year of
business.
Gaming analysts predict that the worldwide gaming business will
exceed $4,500,000,000 in revenue within two years. Management believes
that GGNC with Cyberbetz.com, Y2Klottery.com and Sportzpage.com are
uniquely positioned to become the premier gaming and E-Commerce sites
in the world. Internet gaming companies have experienced unprecedented
revenue growth.
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.
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).
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 Corporation.results may
differ materially from the expectations and estimates of GIC Global
Intertainment Corporation.
--30--MC/se* |
