Company Press Release
GGNC Signs Agreement With Asian Star
Developments, Inc. to Open the First Internet Sports
Bar Club in Asia -- Also the First in China
LAS VEGAS--(BUSINESS WIRE)--Jan. 28, 1999--GIC Global Intertainment Corporation (OTC BB:GGNC) a high
technology Internet entertainment and marketing Company that markets a ''5 star'', award winning, online Sports Book and
Casino at www.cyberbetz.com announced today that they have signed an agreement with Asian Star Developments Inc., (the
owner and operator of an Asian Water World Park and Entertainment City), to open the first Internet Sports Bar Club in Asia
(also the first in China).
1) The Internet Sports Bar Club will be located within an existing
and operating Water World Park and Entertainment City just above
Hong Kong and Shenzhen and below Guangzhou city in southern
China. 2) The Water World Park and Entertainment City is located on 132
acres of land in Shilong city, Dongguan in Guandong Province in
Southern China which is the current leading entertainment and
fashion region of China. 3) Guandong Province is currently the wealthiest and the most
developed Province of China. The surrounding areas where GGNC's
Internet Sports Bar Club will be located (within the Water World
Park and Entertainment City), has a total population of
62,460,000. 4) The Internet Sports Bar Club is currently under renovation and
will be opened approximately 60 days from now. 5) One of the majority shareholders of Asian Star Developments, Inc.
is one of the largest publicly trading companies in Asia: New
World Development Co. Ltd. which is founded and owned by one of
Asia's most famous billionaires. New World Developments Co. Ltd.
currently has significant business interests, investments, hotel
chain operations and connections in China.
GIC Global Intertainment Corporation is a high technology, Internet Company that searches for proven technologies that are
directly linked to the Internet. The Company intends to seek market dominance by way of mergers and acquisitions of Internet
related companies and technologies that are already positioned in the marketplace.
For additional information contact Chris Sargent, or Keith Lindquist, at 877/442-9467.
The statements in this press release may contain forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual
results may differ materially from GIC's expectations.
Contact:
GIC Global Intertainment Corporation
Chris Sargent/Keith Lindquist, 604/688-6888
Toll Free: 877/442-9467
Ir@ggncwins.com |
