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

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To: Peder E. Angvall who wrote (754)11/2/1998 7:09:00 PM
From: Gator  Read Replies (3) of 8858
 
News Release after Market close: Monday November 2, 4:33 pm Eastern Time

Company Press Release

Starnet Communications to Discuss Company Progress in
Conference Call as 2nd Quarter Closes

Open line conference call on Tuesday, November 3, 1998

WILMINGTON, Del.--(BUSINESS WIRE)--Nov. 2, 1998--Starnet Communications International (OTC BB: SNMM) has
completed its 2nd quarter and will hold a teleconference on Tuesday, November 3, 1998.

The conference call will feature Starnet Communication's CEO Mark Dohlen, who will discuss the latest company
developments and present a long-term strategic outlook for Starnet as part of an ''open line'' teleconference scheduled for
Tuesday, November 3, 1998 beginning shortly after the market close at 4:15 p.m. EDT (3:15 p.m. Central/2:15 p.m.
Mountain/1:15 p.m. Pacific).

All current and prospective shareholders, institutional portfolio managers, investment bankers, securities analysts, members
of the brokerage community, representatives of the trade and general business media, and other interested parties are
welcome to participate in this conference call.

To take part in the teleconference, which can be accessed toll-free from anywhere in the U.S., participants are required to
dial 1-888-301-5830, register their name, and tell the operator they are calling for the Starnet conference call. If Canadian
participants are unable to access the call toll-free, they can call 1-904-779-4769.

Starnet is an Internet software, technology and service company, which commercializes on-line applications for established
markets. Its international gaming operation, World Gaming Services, Inc., accepts, processes and manages wagers through the
Internet on a wide variety of casino-style games, international sporting events, pari-mutuel horse racing and world-wide
lotteries. Softec Systems Caribbean Inc., a wholly owned subsidiary, provides customized, real-money Internet gaming
systems to third party operators who need Softec's technology to participate in the rapidly growing Internet gaming market.

EFS Caribbean, Inc. another wholly owned Starnet subsidiary based in Antigua, has been engaged as the secure transactions
processor for the World Gaming system. EFS Caribbean, through its transaction gateways with major banks, processes
reciprocal conversions of international currencies into Internet ''V-Cash''.

For more information on the Company, please visit, www.snmm.com.

Contact:

M&A West, Inc.
Jack Rosenberg, 650/588-2678
www.mawest.com
>>
Later...Gator
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