eConnect Announces November Through February Top Sports Revenues
LOS ANGELES--(BUSINESS WIRE)--Feb. 29, 2000--eConnect (OTCBB:ECNC) announced the following Hockey and Basketball season revenues generated since the acquisition of the Top Sports 12 walk in Dominican Republic sports locations.
-- November revenues: $110,750
-- December revenues: $152,732
-- January revenues: $354,581
-- February revenues: $428,000
Historically Baseball season in the Dominican Republic generates high revenues. The following are 90-day revenue projections with a reasonable expectation of profits.
-- March revenues: $800,000
-- April revenues: $1,200,000
-- May revenues: $1,700,000
On April 4, Top Sports will be simultaneously activating the Web sites of 777WINS.com, Topsports.com and eSportsbet.com. from the Dominican Republic.
The eConnect business unit of PowerClick will drive substantial revenue generating traffic to the eConnect Web sites.
In the second quarter, as eCashPad+ Internet terminals are distributed internationally to countries in which eConnect Host systems are active, gaming consumers will then be able to affect Internet cash transactions.
For more information about PowerClick, visit its Web site at powerclick.com. For more information about eConnect, visit its Web site at econnectholdings.com.
Safe Harbor: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those sections. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
CONTACT:
For eConnect, Prima Capital
Elias Argyropoulos, 800/600-8599
KEYWORD: CALIFORNIA DOMINICAN REPUBLIC
BW0073 FEB 29,2000
4:24 PACIFIC
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