Off and Running....
Steve Cussons, President and CEO of TrackPower, stated, "We are very pleased
with the confidence the debenture holders have shown in converting their debt to
stock at such a premium to market." Mr. Cussons added, "The exercising of the
warrants has provided management with operating capital to launch the new kiosk
business model, which will have the company deploy kiosks in racetracks,
providing horseracing enthusiasts with access to cash, historical information,
printed information, loyalty programs, handicapping products and other content
applications."
TrackPower, Inc. is currently preparing to launch an enhanced interactive video
and information service for horseracing. TrackPower will utilize kiosk
technology in the form of ATMs and information kiosks for deployment at
racetracks and OTB's. The kiosk/ATM system will deliver information, cash,
advertising content, loyalty programs, integrated race information, entries and
results, live and archived video, e-commerce and other future applications. |
