I bought some more GLOW today after the news release. Here it is:
GLOW news is out late this afternoon. And it looks good! Along with their beta web site of Bingo. It's been really busy today, too.
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Global Games Corp. Announces Vegas-Live.com Beta Test Site for
Multi-Player Internet Bingo Game
Business Wire - June 10, 1998 14:36
MINNEAPOLIS--(BUSINESS WIRE)--June 10, 1998--
Internet Gaming Corporation to Launch Final Vegas-Live.com
Version in July
Global Games Corporation today announced the Company's beta test Bingo gaming site is now available at
www.Vegas-Live.com.
The new web site, Vegas-Live.com, will be used as a non-revenue beta test location for the next several weeks. At the end of
this testing period, software developed by Global Games will be licensed to Internet Gaming Corporation (IGC) in Dominica,
West Indies and Vegas-Live.com will be IGC's primary revenue gaming site.
Global Games forecasts annual net revenue from its software sales to IGC will reach $10.3 million, and contribute $.20 EPS
for Global's shareholders. IGC reports it will begin generating gaming revenues approximately July 31st.
During this beta test, Global Games will monitor the public's response regarding the design, realism, functionality, performance
and enjoyment of their non-revenue U.S. test site. Global Games will use this information to guide development of better, faster
and more entertaining gaming software for its clients.
IGC will be the first major client to utilize Global Games' Java multi-player format. IGC will begin with Global Games'
multi-player Bingo and will soon offer Global's multi-player Blackjack using Java, four versions of Slot Machines, Video Poker
and Netshow for video Bingo calling.
Global Games Corp. is also completing its new corporate web site, www.globalgames.com. This site, now under construction,
will be available to the public by Friday, June 12th. Global Games' corporate web site will eventually include an executive
company summary, access to all recent press releases, and a communication section for comments from shareholders, etc.
Global Games Corp. (OTC Bulletin Board: GLOW - news) is an Internet-based commercial service business providing
secure automated transaction processing for merchants and Internet customers. Global also licenses software for Internet
gaming. Additionally, Global provides management and consulting services. Global's core marketing strategy is to develop
"recurring electronic revenue streams" based on targeted niche markets where the company's expertise can be leveraged.
CONTACT: Global Games Inc., Minneapolis
Gary Borglund or Allysa Amundson
612/672-0834
Gborglund@aol.com
Allysa@aol.com
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Good Trading!
-DavidCG |
