Here is an interesting read...
>*************************************************************
>M O N E Y M A N I N C. August 05, 1999
>Special Report
>*************************************************************
>
>Applied Gaming Solutions of Canada
>AGC.ASE
>GOOD MORNING VIETNAM!!!!
>
>Well folks, this is it. AGC CEO David Aftergood is on his way to Vietnam
>today. News is out and it is only a matter of time before the major players
>are in position to let this one fly into outer space!
>
>August 09, 1999 is the date of the official launch and then revenues will
>be realized on a weekly basis. This release is MASSIVE!! Once the market is
>ready, the value and P/E of this stock will be phenominal.
>
>It is like a dream come true, when we started covering this stock in March
>98, all we could think about was the potential, and now here we are. Hold
>on for the ride of our lives. This is exactly what the ASE needs. Rumours
>have been circulating that once AGC is off and running, a listing on the
>TSE is inevitable. This will provide HUGE exposure in addition to Ho Chi
>Min City and a potential list of others.
>
>The relationship that AGC has to Powerhouse Technolgies/Anchor Gaming is
>what analysts consider to be a very integral factor of a company's growth
>potential. Being affiliated with a major and a leader in the gaming
>industry, solidified contracts and weekly revenues are all part of the
>recepie of success.
>
>Like we mentioned previously, once Market Makers, Financiers and
>controllers of the market get in position, look out! They are in it for all
>of the same reasons we mere investors are, that is to make money, not for
>the good of everybody's health.
>
>This stock took time to spike past $3.00/sh. about a year ago. Since then
>AGC has had to go down the road of re-proving itself, they still are in
>this position and until the official launch on August 09, 1999 is
>completed, there is still quite a bit of uncertainty when considering AGC
>past performance. Though through no fault of their own. We must realize
>that they were acting in the best interest of the company and the
>protection of the investing public. Managements objectives in a public
>company are such to make money and that's the bottom line.
>
>To get instant news updates, we subscribed to AGC's e-mail distribution by
>contacting:
>
>"Rob Hetherington" <robhetherington@ags.ca>
>
>
>NEWS RELEASE
>
>AUGUST 5, 1999
>AGC : ASE
>
>OFFICIAL LAUNCH OF VIETNAM'S FIRST ON-LINE LOTTERY
>- Canadian entrepreneurs become major players in
>international on-line business -
>
>CALGARY (Thursday, August 5, 1999) - Applied Gaming Solutions of Canada
>Inc. (AGS) announced today that the official opening of the first on-line
>lottery in the Socialist Republic of Vietnam will take place in Hanoi on
>Monday, August 9, 1999.
>
>The Vietnamese lottery was developed under contract to the Government of
>Vietnam by AGS. The Calgary company will receive a percentage of the
>lottery revenues over the next seven years that is expected to contribute
>approximately $40 million in revenues to AGS.
>
>"This is the moment we've been waiting for," said David Aftergood,
>President and CEO of AGS. "Since we were awarded the contract 14 months
>ago, we have worked hard with our partners IBM and Automated Wagering
>International Inc.(AWI) a division of Anchor Gaming a NADSAQ listed company
>to deliver a world-class lottery system in Hanoi, incorporating today's
>best in tamper-free and fully secure lottery equipment, service and
software.
>
>AGS has an exclusive seven-year contract to provide all equipment,
>software, training and consulting services required to install, implement
>and train local lottery staff to operate a modern on-line lottery system in
>Hanoi.
>
>The Hanoi lottery system gives players two different games to choose from:
>
>a daily Lotto 1-2-3, which offers prizes of up to $21,500 US, and a weekly
>Lotto 6x36, similar to Lotto 6-49, which has a grand prize of more than
>$100,000 US. Each Game has progressive capabilities where byi f the grand
>prize is not won it will be added to the jackpot of the next draw
>
>Vietnam becomes the fourth Asian country with on-line gaming. The other
>three are Japan, Malaysia and Singapore.
>
>Applied Gaming Solutions of Canada Inc. is a leader in providing
>comprehensive integrated lottery and gaming products worldwide. Applied
>Gaming is licensed in the Canadian provinces of Ontario, Alberta and
>Saskatchewan, with several other licenses pending, both domestically and
>internationally. Applied Gaming common shares trade on the ASE under the
>symbol AGC.
>
>For further information, please contact:
>
>David Aftergood
>President & CEO
>Phone: (403) 266-8900
>Fax: (403) 266-8909
>
>The Alberta Stock Exchange neither approved nor disapproved the contents
>hereof.
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