To those following DANB, you may want to check out ETPI. Same industry (actually ETPI is more diversified, in military entertainment as well). ETPI's main focus right now is opening family entertainment centers that are smaller scale than D&B's (10,000+ square feet). Profitable, reporting company, currently on OTC-BB ($0.66-$0.73). Undiscovered, but not for long. May be worth a look.
ETPI thread has plenty of info.
Here's today's press release (taking over gaming operations of Bronco Bowl (which has a web site at broncobowl.com)
Tuesday June 2, 12:05 pm Eastern Time
Company Press Release
Entertainment Technologies & Programs Inc. Signs Installation and Service Agreement With Bronco Bowl in Dallas
HOUSTON--(BUSINESS WIRE)--June 2, 1998--Entertainment Technologies & Programs (OTC:ETPI - news), a fully-integrated entertainment and amusement company, today announced the signing of an installation and service agreement for their wholly-owned subsidiary, Hero's Family
Entertainment Center within Bronco Bowl in Dallas, Texas.
The agreement calls for Hero's to place amusement machines, laser tag and virtual reality equipment within the 100,000 square ft. Bronco Bowl entertainment complex. Hero's Family Entertainment Center's equipment will fill approximately 13,000 square feet supporting all three elements.
Virtual World is providing the virtual reality equipment with a ''state of the art'' Tesla System on a revenue share basis. The amusement machines are high traffic and impact for the center that includes an ETP Laser Kombat system. This equipment will place the Bronco Bowl arcade area on the cutting edge of technologies and amusement services adding to the comprehensive complex.
''The deal between ETP and Bronco Bowl is the beginning of potentially numerous products and services between the two companies,'' according to ETP CEO, James ''Doug'' Butcher. ''There is tremendous growth for both entities and this location will allow support and cross marketing for Hero's Family Fun center that is due to open at The Parks at Arlington Mall later this month,'' he concluded.
Entertainment Technologies & Programs has been a Government approved supplier of entertainment services on U.S. Military bases worldwide for five years. The Company has an AFNAF (Air Force Non-Appropriated Funds) contract. The Company is now using their skills for
vertical integration of the civilian market.
Contact:
Entertainment Technologies & Programs Inc., Houston
Dan Telles or Pete Cahill, 281/486-6061
etpi-ir@worldnet.att.net |
