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(PR NEWSWIRE)Interspace Enterprises, Inc. Joins Forces With Make-A-Wish Foundation(R) International
LA JOLLA, Calif., May 22 /PRNewswire/ -- Interspace Enterprises, Inc.
(OTC Bulletin Board: ITET) today announced a year-long partnership with Make-
A-Wish Foundation(R) International to help make wishes come true for those
children around the world suffering from life-threatening illnesses.
Interspace Enterprises, the parent company of PlanetLotto, has pledged 2%
of all ticket revenue from their weekly Internet lottery that is scheduled to
commence in the fall of 2001.
"Operating within the framework of Make-A-Wish Foundation International is
a highly effective means of reaching out to children who desperately need our
help," said Daniel P. Murphy, CEO of Interspace Enterprises. "PlanetLotto's
goal is to provide grants to those living under the umbrella of inadequate
health care, limited educational opportunities and unsanitary shelter. In
addition, we hope to provide benefits that help the local organizations and
volunteers become more effective in raising the long-term quality of life for
disadvantaged families struggling with poverty as well as orphaned children on
every continent."
Nancy Leahy, Executive Director for Make-A-Wish Foundation International
states that, "The generous benefits provided by PlanetLotto will help us grow
in helping children around the world experience the joy of a wish. The
affiliate countries have different cultures, economics and languages but all
countries have children who are dealing with tragic illnesses. We are very
appreciative to have support from PlanetLotto."
Make-A-Wish Foundation grants the wishes of children with life-threatening
illnesses to enrich the human experience with hope, strength, and joy. It is
the largest wish-granting charity in the world, with 80 chapters in the United
States and its territories and 22 international affiliates spanning five
continents. This year marks 20 years of granting wishes to more than
80,000 children around the world. For more information about Make-A-Wish
Foundation International, please call (602) 279-9474, or visit the
Foundation's Web site at www.wish.org.
Interspace Enterprises, Inc., which was founded in 1998, created
PlanetLotto.com, to erase the geographic boundaries that currently fragment
the world lottery market, which generated $130 Billion in sales in 2000. By
visiting the PlanetLotto.com site (http://www.planetlotto.com) and purchasing
a lottery ticket, people from around the globe have the opportunity to
participate in a worldwide Internet lottery with the chance to win millions of
dollars.
Except for the historical matters contained herein, the matters discussed
in this press release are forward-looking and are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that these forward-looking statements reflect numerous
assumptions and involve risks and uncertainties that may affect Interspace
Enterprises, Inc. and its subsidiaries' business and prospects and cause
actual results to differ materially from these forward-looking statements.
Among the factors that could cause actual results to differ are Interspace
Enterprises, Inc.'s limited operating history; competition; low barriers to
entry; reliance on strategic relationships; rapid technological changes;
inability to complete transactions on favorable terms and those risks
discussed in the company's filings with the Securities and Exchange
Commission.
For more information, please visit the company Web site at
interspaceenterprises.com or call Interspace Enterprises Investor
Relations (Matt Robinson) at 858-456-3539.
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SOURCE Interspace Enterprises, Inc.
-0- 05/22/2001
/CONTACT: Matt Robinson, Vice President, Investor Relations of Interspace
Enterprises, Inc., 858-456-3539, fax, 858-454-2679,
mrobinson@interspaceenterprises.com/
/Web site: planetlotto.com
/Web site: wish.org
/Web site: interspaceenterprises.com
(ITET) |
