Feb. 4, 1999--Go Call Inc. (OTC BB:GOCA) Thursday announced that its Internet
casino licensee has experienced record wagering revenues; its Banner Ad Network
now registers more than 111,000 impressions per day with 6,734 Web sites;
and its INDEXUS(TM) comparison-shopping search engine is in the final
stages of development.
Go Call Inc.'s e-commerce division which processes transactions for the
Go Casino, (www.gocasino.com), has experienced record wagering revenues
of $2,079,338 for the month ended January. This is an increase of more
than 100 percent from the previous month.
Since its inception, on Sept. 11, 1998, Go Casino's 3,100 players have
wagered more than $4 million. Go Casino's success can be attributed to
its aggressive marketing campaign that includes a free Caribbean
vacation, at Go Call Inc.'s wholly owned Margaritaville Resort in the
Dominican Republic, to all new players at the Go Casino.
Gaming research analysts predict online gaming to become a
$25-billion-market by the year 2002. Go Call Inc. is following the
success of its competitors within the Internet gaming market, which
include Cryptologic Inc. (TSE:CRY.TO), GLC Limited (Nasdaq:GLCCF),
Starnet Communications International Inc. (OTC BB:SNMM), and GIC Global
Corp. (OTC BB:GGNC).
Ian Smith, president of Go Call Inc., stated, "We are very pleased to
announce record wagering revenues for the month of January which have
surpassed both company expectations and industry standards."
Go Call Inc.'s advertising division, Go Banner Ad.com,
(www.gobannerad.com), now has an advertising network of 6,734 Web sites
and records more than 111,000 impressions per day.
Small businesses and Web site owners use Go Call Inc.'s Banner Ad
Network to build exposure on the Internet and extend their online
customer base. Link Exchange Inc., (www.linkexchange.com), a direct
competitor of Go Banner Ad.com, was recently acquired by Microsoft
Corp. (Nasdaq:MSFT) for $250 million.
In addition, Go Call Inc. is in the final developmental stages with
INDEXUS(TM) (www.indexus.com), a comparison-shopping search engine.
INDEXUS(TM) is a cross between an Internet search engine, similar to
Yahoo (Nasdaq:YHOO), Excite (Nasdaq:XCIT) or Lycos (Nasdaq:LCOS), and a
shopping site such as Amazon (Nasdaq:AMZN) or E-Bay (Nasdaq:EBAY).
Once development is completed, online shoppers will be able to compare
prices on more than 30,000 different items and purchase goods in their
own local area, including refrigerators, stereos, computers, cars and
airline tickets.
Go Call Inc. (www.goca.com) is an Internet, e-commerce and telecom
company and will become a fully reporting issuer in the first quarter
of 1999.
The statements in this news release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities and Exchange Act of 1934 and are
subject to the safe harbor created by these sections.
CONTACT: Go Call Inc., Cambridge, Ontario
Ian Smith, 519/651-2121
gocallinc.com |
