Sounds huge to me....
Applies to -- KYOM
Kyocera Management, Ltd. - Lottery Opportunity in China
Kyocera Management, Ltd. - Lottery Opportunity in China
NEW YORK (March 5) BUSINESS WIRE -March 5, 1999--The Board of Directors
of Kyocera Management, Ltd. (OTC BB: KYOM) announces that it has
entered into a Memorandum of Understanding with a company domiciled in
the Peoples Republic of China ("China") to establish a joint venture to
market a government-sanctioned lottery in China.
The lottery would mirror the systems presently being used in the United
States and Canada, with extensive controls and reporting.
The Company has targeted a city in China with a population in excess of
eight (8) million people to launch the project. The installation of
approximately 200 electronic lottery kiosks is expected during the
first phase of operations.
The lottery project confirms the focus of the Company to engage in
businesses which have established and proven management, and provide
significant cash flow opportunities
The Company is currently preparing its Form 10-SB registration
statement for submission to the S.E.C. to enable it to become a
reporting issuer.
KYOCERA MANAGEMENT, LTD.
On Behalf of the Board of Directors
Bruce Ransom, President
Statements included in this press release which are not historical in
nature, are intended to be, and are hereby identified as
"forward-looking statements" for purposes of the safe harbor provided
by Section 21E of the Securities Exchange Act of 1934, as amended by
Public Law 104-67. Forward-looking statements may be identified by
words including "anticipate," "believe," "intends," "estimates,"
"expect," and similar expressions. The Company cautions readers that
forward-looking statements, including without limitation, those
relating to the Company's future business prospects are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward-looking
statements.
-0- MG/dx*
CONTACT: Quantus Marketing Inc.
David Bremner or Les Weinstein
Tel: 1-800-261-6796
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