Hot off the presses! QSSY
03/20 10:42 Q-Seven Systems Inc. Is Pleased to Announce 1 Mio. Deutschmark
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Q-Seven Systems Inc. Is Pleased to Announce 1 Mio. Deutschmark Investment Into X-Real Intertainment
MONHEIM, Germany--(BUSINESS WIRE)--March 20, 2000--Q-Seven Systems Inc. (OTC BB: QSSY), a leading provider of online gaming solutions, is pleased to announce a 1 Mio. Deutschmark investment into its wholly owned subsidiary X-Real Intertainment.
The investor, Bahamas-based Infobridge International Ltd., will enter the company as a new shareholder.
Philipp Kriependorf, president of Q-Seven Systems said, "This investment enables us to grow the business of X-Real Intertainment explosively. So far, we expanded the business without spending a dollar on marketing. With this financial opportunity we hope to increase sales significantly." Infobridge International, having close connections to the European television advertising industry, will also support X-Real Intertainment in marketing its Internet sites.
The online casino solution is part of Q-Seven's User Management Software, an e-business platform on which various online services can be realized and integrated, such as online gaming, online shopping and online auctions. Online services based on the Q-Seven Software can be integrated to virtual entertainment worlds, that give the operators maximum control of user-management and marketing.
Q-Seven's site can be visited at: www.q-seven.com.
The management of Q-Seven Systems 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.
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CONTACT: Q-Seven Systems Inc., Monheim
Stefan Wetzmueller, +49-2173-392-0 (Press Only)
infoq-seven.com TodINDUSTRY KEYWORD: INTERNET E-COMMERCE ELECTRONIC GAMES/MULTIMEDIA GAMING ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet
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