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

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To: Jorjenzak who wrote ()6/4/1999 6:16:00 PM
From: Jorjenzak   of 266
 
To: Fli-by (1853 )
From: SCOOBEY-DO Friday, Apr 23 1999 3:53PM ET
Reply # of 2432

News Release:

April 23, 1999 10:37

eConnect Announces the Close On the Acquisition of 777WINS.com; Projects $100,000 in Net Profits From 777WINS.com for Second Quarter

LAS VEGAS--(BUSINESS WIRE)--April 23, 1999--eConnect (OTC BB:BETT) announced the acquisition of 777WINS.com is now complete.

777WINS.com is consistently rated as an outstanding Internet casino and is projecting net profits of $100,000 for April, May and June.

"777WINS.com is now a wholly owned subsidiary of eConnect and will be built by eConnect into a lean and profitable company servicing both the Internet community and to the future PERFECT wagering industry," stated an eConnect spokesperson.

eConnect is focused on capturing 40 percent of the global PERFECT wagering market, which is projected at more than $200 billion in PERFECT wagers by 2001. Working with its strategic partner ET&T (http://www.hpos.com) who will be providing the bank host and the initial self-serviced PERFECT equipment, eConnect will be establishing its presence in partner countries over the next six months.

These are forward-looking statements and should be regarded as such.

CONTACT: Carnegie Cooke
Anita Goldberg, 800/262-2331 (investor relations)


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