TWO different stories:
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News article received, Thursday, May 06, 1999 11:13:17 AM EST
IGC Corp. Obtains Temporary Injunction and Search and Seizure Order Against The Online Casino
PLYMOUTH MEETING, PA. (May 6) BUSINESS WIRE -May 6, 1999--Interactive Gaming & Communications Corp. (IGC) (OTC BB:SBET) announced Thursday that on May 4, 1999 it had obtained a temporary injunction along with a search and seizure order of computers and software issued by the Canadian Superior Court and signed by the Honorable Francois Belanger, JES, against InterCapital Global Fund Ltd., T/A The Online Casino, InterCapital Canada Ltd., Alex Kennedy, Sandy Masselli, and Steven F. Savage, for the unauthorized use and possession of IGC's "LiveAction Gaming Platform(tm)," source code, and other copyright infringements.
On May 4, 1999 The Montreal, Quebec Canadian Superior Court officers entered the offices of InterCapital Global Fund in Canada freezing the computers and software and putting a halt to the unauthorized use of Intersphere's software used in the operation of The Online Casino and Sportsbook. Unauthorized use and possession of copyrighted material carries both civil and criminal penalties, and IGC intends to seek the prosecution of all violators to the maximum extent possible under the law, and to seek the maximum amount of compensatory damages allowed by the courts.
The defendants had been operating The Online Casino & Sportsbook (www.theonlinecasino.com), a wholly owned subsidiary of Total Entertainment Inc. (OTC BB:TTLN) on IGC's "Live Action Gaming Platform(tm)" under a software license from its subsidiary Intersphere Communications Ltd. since August of 1998. Recently it had been discovered by IGC that the defendants had improperly obtained portions of the company's proprietary and copyrighted source code and was representing itself as a casino software developer, a publicized fact that the defendants verbally denied.
However the complaint alleges that the defendant's Total Entertainment website (www.totalentertainmentinc.com) which has a (c) 1998, advertises that they, "provide software that allows gaming license holders the ability to create an electronic entertainment and gaming facility, for use on the Internet." The web site further advertises that "Total Entertainment has also developed an Internet-based gaming package, which includes a 'back-end' gaming software package that transfers the 'front-end' information (i.e. card or dice numbers) between the user and the remote server." The site further states that "Currently these applications are being used by THEONLINECASINO."
The IGC complaint states that the systems, applications and the functionality they describe and in fact are using are that of Intersphere Communications Ltd.
IGC originally sent written notice to InterCapital that it was in violation of its licensing agreement and that the company was to discontinue the use of the software at once which InterCapital acknowledged, but InterCapital ignored IGC's request, and IGC was forced to move into the Canadian courts to seek relief.
A former employee has been identified by the company as having taken part in the transfer of the source code and proprietary documents to the Total Entertainment's subsidiary and the defendants while in the employ of Intersphere. Both the local and Federal authorities have been notified and the evidence turned over to them for immediate action.
The action taken by IGC against the defendants to terminate the agreement and prohibit further use of the software will have no effect on the revenues to the extent that the onlinecasino had paid the first year license fees in advance.
IGC's "LiveAction Gaming Platform(tm)" is the premier gaming management system for managing and operating an Internet or phone-based casino & Sports Book.
The "LiveAction Gaming Platform(tm)" software was developed by Intersphere Communications Ltd., (http://www.intersphere.com) a Philadelphia-based subsidiary of IGC. Intersphere's clients include Metro-Goldwyn-Mayer Inc. (Nasdaq:MGM), Comcast Communications (Nasdaq:CMCSK), among others.
For your free investor kit visit thesubway.com. For further information about IGC see their website at www.igccorp.com.
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Indices delayed 20 min
News article received, Thursday, May 06, 1999 11:15:18 AM EST
Total Entertainment Completes Website Upgrade
RED BANK, N.J. AND MONTREAL, QUEBEC (May 6) BUSINESS WIRE -May 6, 1999-- Total Entertainment Inc. (OTC BB: TTLN) announced today that their website upgrade is now complete. The website uses state-of-the-art software that draws the player into the website for a more enjoyable experience. Total Entertainment Inc. uses I-Cash(TM), InterCapital Canada Ltee.'s proprietary secure transaction software, and gaming software developed and licensed by Atlantic International Entertainment Ltd. (OTC BB:AIEE), ICE(TM) and webSports(TM). The site is operational today, May 6, 1999.
Mr. Mitchell Brown, President of TTLN, remarked, "This website gives www.theonlinecasino.com an advantage in the online gaming industry. It has everything an online casino requires: speed, graphic design, and is user-friendly. Customers are the core strength of this company and this website is for them. We want them to have fun." Mr. Brown commented that investors should review the site, as many have never seen the website offered since the company's inception.
In response to a press release issued today by Interactive Gaming and Communications Corp. (OTC BB:SBET), Total Entertainment reported that the company had previously terminated its agreement with SBET and that the company had ceased to use SBET's software as of May 1, 1999. Therefore the temporary order and injunction went unchallenged. Total Entertainment had been planning this transition since January 1999. There was no hardware or corporate records seized as erroneously reported in SBET's press release earlier today; only a backup copy of SBET software was collected by a court-appointed process server. SBET's allegations are without foundation. Mr. Brown said, "Interactive Gaming and Communications Corp.'s press release represents the company's failed attempt at retribution for losing their largest customer." Mr. Brown added that, "As we are applying for gaming licenses in international jurisdictions, we cannot continue doing business with a company with a questionable background, such as SBET and its principal, Michael Simone."
Management of The Online Casino and Sportsbook and Total Entertainment has known for some time that SBET gaming systems were outdated, and that SBET had not upheld its maintenance contracts on several occasions. SBET was not able to market competitive software. Mr. Brown continued, "We offer our new Atlantic International Entertainment gaming software for a truly exciting online gaming experience."
Total Entertainment Inc. is a debt-free corporation that has experienced explosive growth since its inception and is committed to becoming the leader in the online gaming and e-commerce industry. Successful competitors in the online casino and gaming industry include: CryptoLogic (TSE:CRY.TO), GLC Limited (NASDAQ:GLXW), Starnet Communications International Inc. (OTC BB:SNMM), GoCall Inc. (OTC BB:GOCA), and Youbet.com (OTC BB: UBET).
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 Exchange Act of 1934, and are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995.
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