other old news
News article received, Wednesday, March 10, 1999 10:17:28 AM EST
Starnet Appoints New Director
WILMINGTON, DEL. (March 10) BUSINESS WIRE -March 10, 1999--Starnet Communications International Inc. (NASD OTC-BB:SNMM) ("Starnet") is pleased to announce that it has appointed Wolf Bergelt as the newest member on the Board of Directors.
Bergelt is a corporate financial consultant who has worked with a number of publicly traded companies including Lions Gate Entertainment Corp., Rogers Cantel Inc. and First City Trustco Inc. as chief financial officer. Bergelt is a chartered accountant by training and has attended Masters of Business Administration program at Simon Fraser University, British Columbia, Canada.
John Carley, chairman of the Board and CFO at Starnet commented, "I am very pleased with the appointing of Mr. Bergelt as another outside director, he brings many years of business and executive experience to our Board. Mr. Bergelt will be a valuable addition as we go forward into the year 2000."
$10 billion US will be gambled online by the year 2002 (DataMonitor, 06/98). Forbes magazine has described Starnet as "the Microsoft of casino software vendors."
PC Computing magazine has estimated that the Internet gaming market could reach US $20 billion in annual revenues by the turn of the century. ABC Nightline, a national news television show, has described Starnet as "a reputable pioneer in Internet gambling."
Starnet is an Internet software, technology and service company, which commercializes on-line applications for established markets. For more information, please visit www.snmm.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Starnet's fillings with the Securities & Exchange Commission.
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