Latest Press release:
================================================================= Greetings to all Starnet shareholders, associates and visitors! Thank you for your continued interest and support. =================================================================
Mark Dohlen, Starnet's CEO, has been so busy developing Company business(and completing a law degree!) that his live interview on CNNfn's "Digital Jam" was postponed until late May / early June as his schedule allows. In the meantime, we gained further exposure in two national media sources. In mid-month we hosted a Fox News camera crew at our operations in Antigua. Starnet will receive coverage in a feature on Internet sports wagering in Fox's new news / lifestyle show, "Chill." This coverage should air in early July; we will inform you of an exact time and date as we are informed.
Mark was also interviewed for coverage on MSNBC.com; this is said to be the most read news site on the Internet. Columnist Michael Brunker will inform us of the publication date. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The following report outlines Starnet's progress since our last News Update that went out in April. ________________APRIL 24/1998 STARNET NEWS UPDATE_________________ starnetc.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
On May 6th we announced that our subsidiary Softec Systems Caribbean Inc. entered into licensing agreements with three new entreprises. There are currently six customized, turn-key, Softec Internet gaming systems under license... and counting! __________________MAY 6/1998 LICENSEES NEWS RELEASE_________________ starnet.ca ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Players Only Sportsbook & Casino" is being finalized for its licensees in Venezuela. The operators of Players Only have extensive experience in operating real-world sports wagering businesses. "Casino of the Kings" is being customized for Isis Enterprises Inc. of Antigua. The system will be fashioned in an Ancient Egyptian theme and will feature a full range of gaming pastimes. Finally, Strawberry Fields Corp. of Venezuela has signed for a full-service Internet gaming operation. The company would like their system designed in a Mardi Gras theme, and may name the system "Club Rio"or "Casino Carnivale." __________________PLAYERS ONLY SPORTSBOOK & CASINO_________________ playersonly.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Internet gambling has become a very hot news item, and as industry estimates continue to be published, interest in our Softec systems continues to increase. Entrepreneurs of all backgrounds and nationalities, wanting to capitalize on what may be a US $20 billion annual market by the turn of the century (source: Forbes), are interested in the "turn-key" nature of our systems. Up and running in approximately 5 weeks, and under attractive setup and licensing terms, potential Softec licensees can avoid the two years and significant R&D expenses which Starnet incurred - and start taking bets! We have received an influx of almost 200 qualified inquiries from such businesspeople; to address this demand, Starnet has commenced the hiring of an independent Softec sales team. ____________________SOFTEC SYSTEMS CARIBBEAN INC.___________________ softecsystems.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This week we announced an Internet first...live coverage and on-line pari-mutuel wagering on GREYHOUND races! Starnet's World Gaming system will be broadcasting and accepting wagers (where legal) on over 400 dog racing events year-round, from the three-track Jacksonville Greyhound Racing Circuit in Florida. ________________MAY 19/1998 GREYHOUND NEWS RELEASE________________ starnet.ca ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Starnet is at the forefront in delivering and creating aesthetic, interactive and user-friendly web sites resulting in an established daily audience of over 170,000 users. A recognized leader in the field of on-line entertainment, Starnet has an established traffic flow to its sites of over 6 million hits per day. Please feel free to contact us at 888.777.6458 or if you would like you can email Alan Poole at alanp@starnet.ca
*******STARNET AND SUBSIDIARIES*******
______Starnet Communications Intl. Inc._______ starnetcommunications.com
____________EFS Caribbean Inc.________________ starnet.ca
_____________Softec Caribbean Inc.____________ softecsystems.com
________________World Gaming__________________ worldgaming.net |