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Technology Stocks : Preference Technologies

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To: mormon_thomas_crown who wrote (236)6/15/2000 3:04:00 PM
From: StockDung  Read Replies (1) of 460
 
FantasyTeam, for Afrayem and Morman who are in Fantasyland

Preference & FantasyTeam Sports Sign Revenue-Content Sharing Agreement


LAS VEGAS--(BUSINESS WIRE)--June 15, 2000--Preference Technologies(tm), Inc., (OTCBB:PFER) today announced it has signed a revenue and content agreement with FantasyTeam Sports, one of the largest Internet suppliers of sports content in the world, to provide up-to-the-minute fantasy statistics and scores, Sports News, and Fantasy Sports to MySportsGIG(tm), Channel Two on the Global Information Gateway(tm) (GIG(tm)).

GIG users will have access to fantasy league Baseball, Football, Basketball, Hockey, NCAA Basketball, NASCAR, F1, Golf and Tennis with other games being developed. They will also have access to statistics and information pertaining to the league, interact with other users via fantasy league bulletin boards, and have the option of joining a free or fee-based league with the opportunity to win prizes.

"FantasyTeam is on the fast track to becoming one of the premier fantasy sports league providers in North America," said Bill Louden, president and COO of Preference Technologies, Inc. "The ability to provide fantasy leagues and information to our customers will further strengthen the GIG's entertainment and education value."

"Being incorporated in the Global Information Gateway, and specifically in MySportsGIG is a great opportunity for our company," said Brian Postnikoff, COO of FantasyTeam Sports, Inc. "We look forward to providing MySportsGIG users with the best Fantasy Games package in the industry."

About MySportsGIG

MySportsGIG is not a Web site, it is a free, downloadable desktop portal. As Channel Two on the GIG, MySportsGIG uses proprietary Internet technology to provide customizable real-time sports score updates, real-time sports betting odds and related news through an interactive experience that only the GIG provides.

In addition to real-time sports reporting, MySportsGIG users have access to the Internet's most comprehensive sporting information. Users are able to access information for any major professional or collegiate sport including every major automotive racing circuit, football, baseball and basketball leagues, tennis, and golf tours as well as support information for regionally based sports. In addition to the many MySportsGIG features, users are able to access the information on the other active GIG channels and news on any topic they want. Users also have access to the GIG's Quantum Source Network (QSN) broadcast feature, which provides over 200 sports, business and entertainment interviews from today's most talked about personalities. To download Channel Two of the GIG, visit www.mysportsgig.com.

About the Global Information Gateway (GIG)

The Global Information Gateway (GIG), is a software product that acts as a communications and information aggregator, delivering real-time, customizable information to a user's desktop. The product is comprised of multiple channels that organize and present information by different lifestyle aspects (e.g., business, sports, entertainment, etc.). The first two channels on the GIG are MyMoneyGIG and MySportsGIG. In addition to leading the next generation in accessing information on the Internet, the GIG provides traditional, and non-traditional, businesses a direct communication link to consumers, facilitating more efficient, effective and interactive targeted marketing programs.

About FantasyTeam Sports Inc.

FantasyTeam Sports is a privately held corporation based in Ontario, Canada, the heart of Canada's Silicon Valley. FantasyTeam Sports Inc. has emerged as the largest Internet supplier of sports content in the world, providing information to hundreds of radio and television stations, newspapers, magazines and Web sites throughout North America and Europe. The company operates a network of Internet sites that features over 15 fantasy sports including: Baseball, Football, Basketball, Hockey, Soccer, Cricket, Rugby, NCAA Basketball, NASCAR, Formula 1, Golf and Tennis. At the center of this FantasyTeam Sports Network is FantasyTeam.com (www.FantasyTeam.com). As FantasyTeam.com gained popularity, the natural evolution was to create a network of synergistic sites that complement the participants' related sports interests: www.ftsports.com, www.scoreboard.com, www.sportsemail.com and www.sportsmall.com.

About Preference Technologies, Inc.

Preference Technologies, Inc., a Microsoft (Nasdaq:MSFT) Certified Solution Provider, is a Las Vegas-based Internet technologies company. For more information on the company visit www.preferencetechnologies.com.

Statements about the company's future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results.

Note to editors: Preference Technologies, Global Information Gateway, GIG, MySportsGIG, MyMoneyGIG, the Preference Technologies logo are trademarks of Preference Technologies, Inc. Other companies' products may be trademarked by their respective company and therefore are protected by law.

CONTACT:

Preference Technologies

Clinton Pope, 702/648-6400

cpope@mygig.com

or

FantasyTeam Sports Inc.

Rico Covello, 416/516-3376, ext. 2286

rico@fantasyteam.com

KEYWORD: NEVADA INTERNATIONAL CANADA

BW0080 JUN 15,2000

6:15 PACIFIC

9:15 EASTERN
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