DD Central on ECNC (formerly BETT) Message Board

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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT)

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To: Jorjenzak who wrote ()	5/27/1999 9:17:00 AM
From: SCOOBEY-DO	of 266

To: Popiye (310 ) From: Val Ryjouk Monday, Jul 27 1998 11:03AM ET Reply # of 2320 News! Monday July 27, 10:34 am Eastern Time Company Press Release Betting Inc. and SBI Communications Inc. Announce Strategic Alliance To Pursue PERFECT Bingo First Order of Pay Master Equipment Placed at $5 Million Over a 12 Month Period Global PERFECT Bingo Marketplace Estimated at $1 Billion Plus LAS VEGAS--(BUSINESS WIRE)--July 27, 1998-- Betting Inc. (OTC BB:BETT) and SBI Communications Inc. (OTC BB:SBID) announced a strategic alliance to pursue PERFECT Bingo. The first order of Pay Master equipment is placed at $5 million over a 12 month period. The global PERFECT Bingo marketplace is estimated at $1 billion plus. ''PERFECT Bingo is a personal encrypted remote financial electronic card transaction that the player sends by ATM card or smart cart to Globalot Bingo,'' said Thomas S. Hughes, chairman and chief executive officer of Betting Inc. and ET&T. ''Betting Inc. will be providing the interface between the bank host processor such as ET&T and Globalot Bingo. Additionally, SBI will be sharing Betting Inc. gaming revenues generated when competitive Bingo companies are paid by PERFECT Bingo.'' The Betting Inc. SLICK, Pocket Pay and Pay Master (www.hpos.com) will allow the consumer to effect PERFECT Bingo transactions by either opening or replenishing their accounts with ATM card or smart card or actually pay per play while watching their monitor or television screen. ''We are going to aggressively pursue global PERFECT Bingo and will be ordering over the next 12 months 10,000 Pay Master devices from Betting Inc. for a package offer to our customers,'' said Ron Foster, CEO of SBI Communications. ''We are also very enthusiastic about participating in global PERFECT Bingo revenues as our competitors are paid by PERFECT Bingo transactions. The SLICK will open up Internet PERFECT Bingo and the Pocket Pay will allow wireless PERFECT Bingo.'' www.sbicommunications.com www.globalot.com www.abingo.com -------------------------------------------------------------------------------- Contact: Carnegie Cooke and Associates (for Betting Inc.) 800/262-2331

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