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Technology Stocks : QSSY Q-Seven Systems

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To: Trade4$ who wrote ()7/13/1999 10:05:00 AM
From: Ron Harrington  Read Replies (1) of 55
 
NEWS! READ THIS!

Just pulled this off of Yahoo:
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Tuesday July 13, 9:28 am Eastern Time
Company Press Release
Q-Seven Systems, Inc. Signs Letter of Intent with Advanced Media Group for Two Online Casinos
MONHEIM, Germany--(BUSINESS WIRE)--July 13, 1999--Q-Seven Systems, Inc. (OTC Bulletin Board: QSSY - news) today announced that a letter of intent has been signed by Advanced Media Group, Santo Domingo, Dominican Republic and Q-Seven Systems, Inc. stating that Advanced Media Group will use Q-Seven Systems' Software for their two online casinos.

Both sites are presently using an another software system that is older and far less flexible. The casinos can be found at www.goldenhollywood.com and www.wallstreet-casino.com. The principles of Advanced Media Group are convinced that the new software will enhance the marketability of their sites and prepare them to meet the future challenges of online gambling.

According to Stephan Wetzmuller, Sales Manager of Q-Seven Systems in Germany, ''We are extremely excited about this event and view these first sales of the casino module of the software as a great success in our efforts to convince existing online casinos to replace their current systems with Q-Seven's Software. The biggest advantage of our software is its flexibility. New developments in the market can easily be adapted when using our system.''

The re-launching of the two casinos using the new software will take place in approximately two months. This time is needed to transfer all client data from the old system into the new software.

Q-Seven's User Management Software can be used to run various kinds of Internet businesses. However, the Company focuses on the fastest growing and most lucrative industries on the net: online gaming, finance, online shopping and adult entertainment. Q-Seven's site can be visited at: www.q-seven.com.

The management of Q-Seven cautions readers not to place undue reliance on ''forward-looking statements,'' such as ''plans to,'' ''is expected to,'' etc. which speak only as of the date made, when used in this press release, in filings with the SEC, in other public or stockholder communications, or in oral statements made with the approval of an authorized executive officer of the Company. Such statements are based on certain assumptions and expectations which may or may not actually occur and which involve various risks and uncertainties.

SOURCE: Q-Seven Systems, Inc.

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Contact:

Q-Seven Systems, Inc.
Philipp Kriependorf (Press Only), +49-2173-330-3630
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