news on Nstg, i know some are waiting for this..
FT. LAUDERDALE, Fla., Mar 21, 2000 (BUSINESS WIRE) --
Online Casino Giant and NorStar Team Up to Offer Free Online
Games
NorStar Group, Inc., (OTCBB: NSTG) announced today that it has
entered into a strategic alliance with the online casino giant Total
Entertainment, Inc., (OTCBB: TTLN).
"This is an alliance of two progressive and innovative online
entertainment companies", said Jay Sanet, NorStar's Director of
Corporate Development. "On the one hand Total Entertainment is a leader
in online gaming, and on the other hand NorStar has its emerging IVR
(Internet Virtual Reality) technologies. With Total Entertainment's
online gaming expertise we will provide our www.veearecity.com visitors
with a wide variety of fun casino style games such as Blackjack, Poker,
and Backgammon. Later on we'll look to share some of our proprietary
IVR technology with Total Entertainment for its gaming applications.
When the world thinks of online entertainment and fun, only two names
should come to mind, NorStar (OTCBB: NSTG) and Total Entertainment
(OTCBB: TTLN)", added Sanet.
This strategic alliance allows each company to share in a large
cross-domain migration of web traffic now being generated by the
NorStar and Total Entertainment websites. Each company will have the
privilege of sharing in generous advertising revenues from the
increased web traffic and web users will be able to navigate easily
between NorStar's website and Total Entertainment's play-for-money
games and NorStar's play-for-fun games, as well as benefit from the
many information links provided on the websites of both companies.
According to a recent new survey by Gemini Consulting and Honkworm
International the online entertainment market will increase in value by
64 percent this year. Internet-specific content, which includes online
games and other forms of entertainment, is considered a current growth
area on the Internet.
VeeAreCity.com is a next generation Internet portal providing News,
Weather, Sports, Financial Center, Stock Quotes, Health & Wellness
Center, Horoscopes, TV Listings, Movie Reviews, Digital Greeting Cards
Search Engines, Email, Chat, Forums, Personals, Classifieds, and
featuring VeeAreCity-TheBurbs, a group of city specific websites
providing unparalleled local/regional coverage of 21 major U.S. cities.
Coming later this year Auctions, Instant Messenger, Voice Chat, and a
broad line of fully immersive IVR (Internet Virtual Reality) products.
Through selective acquisitions and partnering alliances, NorStar Group,
Inc. (OTC BB: NSTG) is positioning itself to be a leading provider of
interactive, virtual reality, entertainment, educational, and business
products and services. NorStar is also the co-developer of a
proprietary lightweight, comfortable and affordable virtual reality
headgear, The Cybervisor (TM), which is designed for home, business,
and school.
Safe Harbor: Certain statements contained in this press release,
including but not limited to information regarding the future economic
performance and financial condition of the Company, the plans and
objectives of the Company's management and the Company's assumptions
regarding such performance and plans, are forward-looking in nature.
Many factors and conditions could cause actual results to differ from
the forward-looking information contained in this public announcement. |
