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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: David A. Lethe who wrote ()5/20/1998 2:50:00 PM
From: David A. Lethe  Read Replies (1) of 8858
 
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
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