Here are the only two CGKY PRs:
Carnegie Cooke Enters Into Manufacturing and Distribution Agreement
LOS ANGELES, Dec 19, 2000 /PRNewswire via COMTEX/ -- Carnegie Cooke & Company, Inc. ("Carnegie Cooke")(OTC: CGKY) today announced the signing of an agreement with Master Play SA ("Master Play"), an Argentinean company, which manufactures and distributes virtual reality gaming equipment and software. The agreement calls for the formation of two Brazilian companies which will be owned 50% each by Carnegie Cooke and Master Play.
Company #1 will manufacture machines for "Virtual Reality Horse Racing" (VRHR) one of Master Play's exclusive properties for which it has international registration.
Company #2 will distribute the machines and administer their daily operations and account for Carnegie Cooke's and Master Play's percentage of revenue generated by these machines.
Initially, the manufactured machines will be installed in the 120 agencies which Carnegie Cooke has contracted for in Brazil. In addition this agreement grants Carnegie Cooke the exclusive right to distribute and operate these machines not only in Brazil but also in Mexico and North America.
Carnegie Cooke & Company, Inc. is the exclusive service provider of simulcast transmission of international racing events throughout Brazil and other South American countries. Jay Goldberg, chief executive officer, said: "This agreement has broadened our activities in Brazil so that we will be not only the exclusive provider of simulcast racing, but will also be a manufacturer and distributor of unique gaming machines. We anticipate a considerable demand for VRHR even in locations that are not our agencies. We also look forward to the distribution of VRHR in Mexico and North America which are completely untapped markets for us thus far."
For further information contact Jay Goldberg, CEO at 800-262-2331.
Except for historical information, the matters set forth herein, which are forward-looking statements, involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, the expenses associated with implementing the Company's manufacturing and distribution agreement, the possible failure of the Company's planned gaming operations, the potential shortfall on actual amount of sales which may be derived from the Company's operations as opposed to estimates, the possible failure of the Company to establish a presence in the highly competitive environment within the Brazilian and South American gaming industry, the necessity that the Company's products achieve market acceptance, and the Company's ability to successfully implement all of the technical and economic aspects of its proposed operations.
SOURCE Carnegie Cooke & Company, Inc.
CONTACT: Jay Goldberg, CEO of Carnegie Cooke & Company, Inc.,
800-262-2331
(CGKY)
prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
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Carnegie Cooke Granted Exclusive Agency Rights in Brazil
January 23, 2001
LOS ANGELES, Jan 23, 2001 /PRNewswire via COMTEX/ -- Carnegie Cooke & Company, Inc. ("Carnegie Cooke") (OTC: CGKY) today announced the signing of a Contract with the Brazilian Association of Jockey Clubs (BAJC) that grants Carnegie Cooke the right to open 400 racing agencies throughout Brazil. This contract, which has been approved by the Brazilian government, was unanimously approved by BAJC at its nation wide convention held in December 2000.
Carnegie Cooke & Company, Inc. is the exclusive service provider of simulcast transmission of international racing events throughout Brazil and other South American countries, and is the exclusive distributor and manufacturer of Masterplay Virtual Reality Racing Machines in Brazil, Mexico, and North America.
Jay Goldberg, chief executive officer, said: "This contract allows the company to reach its projected agency levels in approximately one-third of the time, eliminates our having to correlate these openings with individual Jockey Clubs throughout Brazil, and allows the Company to keep a much larger portion of projected revenues per agency. In addition, we have received confirmed orders for approximately 50 Masterplay Virtual Reality machines. We would expect to deliver the first 25 machines within the next 45 days. All in all, this has been a very productive and exciting two weeks."
For further information contact Jay Goldberg, CEO at 800-262-2331.
Except for historical information, the matters set forth herein, which are forward-looking statements, involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, the expenses associated with implementing the Company's manufacturing and distribution agreement, the possible failure of the Company's planned gaming operations, the potential shortfall on actual amount of sales which may be derived from the Company's operations as opposed to estimates, the possible failure of the Company to establish a presence in the highly competitive environment within the Brazilian and South American gaming industry, the necessity that the Company's products achieve market acceptance, and the Company's ability to successfully implement all of the technical and economic aspects of its proposed operations.
SOURCE Carnegie Cooke & Company, Inc.
CONTACT: Jay Goldberg, CEO of Carnegie Cooke & Company, Inc.,
800-262-2331
(CGKY)
prnewswire.com
(C) 2001 PR Newswire. All rights reserved.
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Here is the web site (which doesn't appear to be more than a splash screen: carnegiecookeandcompany.com
- Jeff |
