Starnet Announces Agreement With ISM Marketing Corp., a Wholly Owned Subsidiary of ISM Holding Corp.
Business Wire - April 01, 1999 11:14
WILMINGTON, Del.--(BUSINESS WIRE)--April 1, 1999--Starnet Communications International Inc (OTC BB:SNMM) ("Starnet") is pleased to announce that its wholly owned subsidiary, World Gaming Services Inc. ("World Gaming") has signed an agreement with ISM Marketing Corp., a wholly owned subsidiary of ISM Holding Corp. (OTC BB:ISMH) ("ISM") to develop celebrity themed gaming sites.
ISM's operations range from athlete management services for several professional sports figures and the solicitation of sponsorships and endorsements, to the ownership of automobile racing teams. ISM Holding Corp generates the majority of revenues related to its racing teams from sponsors, which pay from $50,000 to several million dollars for various types of sponsorship. Solicitations of sponsorships and endorsements for celebrities and athletes generate nearly half of ISM's revenues in agreements with companies like Starnet Communications, and their participation in sports.
Bob Hancher, President of ISM Holding Corp. (www.ismh.com) stated, "We feel that we could comfortably bring in six to eight celebrity licensees from a number of professional sports including auto racing, golf, soccer, football, baseball, basketball, and boxing. This will provide an excellent source of significant revenue for both Starnet and ISM Holding." "Our Company philosophy includes a desire to associate ourselves with companies, individual athletes and celebrities whose integrity are unimpeachable and who compete at the highest levels of their industries and sports," commented Gary Sallee, President ISM Marketing. "We have found such a company in Starnet."
ISM Holding Corp will be supplied with a customized, full service Internet gaming system, including virtual Casino games, a Sportsbook with real-time odds feed from Las Vegas and Europe, and simulcast horse and dog racing (no wagers taken at this time).
Starnet is a fully reporting U.S. (Delaware) corporation which is currently listed on the National Association of Security Dealers ("NASD") Over-The-Counter Bulletin Board and commenced trading in September of 1997 under the symbol "SNMM" Starnet is also listed on the Berlin Stock Exchange ("Berlin") and is publicly traded on Over-The-Counter market under the symbol "SNM".
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
For more information on ISM Holding Corp., please visit www.ismh.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.
CONTACT: Starnet Communications International Inc.
Carey Nelson, 604/608-6034
or
M&A West Inc, 650/588-2678
Jack Rosenberg(Investor Relations Starnet)
Gerry Richards (Investor Relations ISM Holding)
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%DE-STARNET SNMM ISMH %CALIFORNIA %DELAWARE %COMPUTER %ELECTRONICS %COMED Starnet Announces Agreement With ISM Marketing Corp., a Wholly Owned Subsidiary of ISM Holding Corp.
Business Wire - April 01, 1999 11:14
WILMINGTON, Del.--(BUSINESS WIRE)--April 1, 1999--Starnet Communications International Inc (OTC BB:SNMM) ("Starnet") is pleased to announce that its wholly owned subsidiary, World Gaming Services Inc. ("World Gaming") has signed an agreement with ISM Marketing Corp., a wholly owned subsidiary of ISM Holding Corp. (OTC BB:ISMH) ("ISM") to develop celebrity themed gaming sites.
ISM's operations range from athlete management services for several professional sports figures and the solicitation of sponsorships and endorsements, to the ownership of automobile racing teams. ISM Holding Corp generates the majority of revenues related to its racing teams from sponsors, which pay from $50,000 to several million dollars for various types of sponsorship. Solicitations of sponsorships and endorsements for celebrities and athletes generate nearly half of ISM's revenues in agreements with companies like Starnet Communications, and their participation in sports.
Bob Hancher, President of ISM Holding Corp. (www.ismh.com) stated, "We feel that we could comfortably bring in six to eight celebrity licensees from a number of professional sports including auto racing, golf, soccer, football, baseball, basketball, and boxing. This will provide an excellent source of significant revenue for both Starnet and ISM Holding." "Our Company philosophy includes a desire to associate ourselves with companies, individual athletes and celebrities whose integrity are unimpeachable and who compete at the highest levels of their industries and sports," commented Gary Sallee, President ISM Marketing. "We have found such a company in Starnet."
ISM Holding Corp will be supplied with a customized, full service Internet gaming system, including virtual Casino games, a Sportsbook with real-time odds feed from Las Vegas and Europe, and simulcast horse and dog racing (no wagers taken at this time).
Starnet is a fully reporting U.S. (Delaware) corporation which is currently listed on the National Association of Security Dealers ("NASD") Over-The-Counter Bulletin Board and commenced trading in September of 1997 under the symbol "SNMM" Starnet is also listed on the Berlin Stock Exchange ("Berlin") and is publicly traded on Over-The-Counter market under the symbol "SNM".
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
For more information on ISM Holding Corp., please visit www.ismh.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.
CONTACT: Starnet Communications International Inc.
Carey Nelson, 604/608-6034
or
M&A West Inc, 650/588-2678
Jack Rosenberg(Investor Relations Starnet)
Gerry Richards (Investor Relations ISM Holding)
<Picture>Headlines <Picture>Next Story
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%DE-STARNET SNMM ISMH %CALIFORNIA %DELAWARE %COMPUTER %ELECTRONICS %COMED |
