GOCA.com Appoints Former Director of Finance for Exxon Oil as Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--March 9, 1999--Go Call Inc.(www.gocallinc.com; OTC BB:GOCA) Tuesday announced the appointment of Barry Clowater to the position of chief financial officer.
Clowater held various corporate positions at Exxon Oil Corp. (NYSE:XON), including director of finance, where he managed 16 branch offices and was instrumental in securing contract agreements in both the corporate and military sectors.
Ian Smith, president of Go Call, stated: ''We are pleased to announce the appointment of Mr. Clowater as chief financial officer of Go Call Inc. He joins us at a time when we are poised for substantial revenue growth and, as a member of the senior management team, will help identify and deliver strategic acquisitions and alliances.
''Go Call Inc. will benefit from Barry's foresight and planning abilities, as well as his team-oriented attitude and the relentless pursuit of excellence he has shown in the past.''
Go Call's e-commerce division, which processes transactions for Go Casino.com (www.gocasino.com), has recorded wagering revenues of $7,124,814 from September 1998 through February 1999. Gaming research analysts predict online gaming will become a $25 billion market by the year 2002.
Go Call is following the success of its competitors within the Internet-gaming market, which include Cryptologic Inc. (TSE:CRY.TO) and GLC Ltd. (Nasdaq:GLCCF).
Go Call is further expanding its Internet advertising network, Go Banner Ad.com (www.gobannerad.com), and is in the final development stages of INDEXUS(tm) (www.indexus.com), a comparison-shopping search engine that is a cross between an Internet portal such as Yahoo Inc. (Nasdaq:YHOO) and a shopping site such as Amazon.com Inc. (Nasdaq:AMZN).
Go Call develops, markets and manages secure and profitable operations stemming from Internet entertainment and e-commerce demand.
The statements in this news release are for informational purposes only. Actual results could differ materially from those anticipated herein as a result of certain circumstances. |