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Non-Tech : .COM Entertainment Group Inc. (DCEG) -- Ignore unavailable to you. Want to Upgrade?

To: count11 who wrote (24)	6/10/1999 1:18:00 PM
From: Benjamin Ng	Read Replies (1) \| Respond to of 65

June 10, 1999 NEWS RELEASE dot com Entertainment Group Inc. Olympic Tower, 300 Pearl Street, Suite 200 Buffalo, New York 14202 CyberBingo™ now offerering $1,000 Jackpots BUFFALO, NY, June 10, 1999 - dot com Entertainment Group, Inc. ("dot com") (OTCBB: DCEG) is pleased to announce the release of CyberBingo™ 4.5, a further upgrade to its pre-eminent Internet bingo game. The upgrades to CyberBingo™ 4.5 include the addition of a fourth Bingo card to every 'ticket' of cards. This replaces the old three-card format and allows Bingo players to purchase 1 to 24 cards for any given game. CyberBingo™ 4.5 also provides for a "three-tab" format, with 2 rows of 4 cards on each tab, allowing for easy access to up to 24 cards in play in any game. This new interface also automatically monitors and "auto-dabs" cards, however players wishing to play all of their cards manually can turn off this convenient feature. The graphics of the new game interface was also improved to give it a more appealing look and feel while incorporating all of the new features and enhancements that have been included with this new release. "This change has now made it easy for our licensees to become more competitive by allowing CyberBingo™ operators to lower their prices to $0.25 per card or $1.00 for a row of four Bingo cards", said Perry Malone, Vice President of Technology, "in addition, our clients can now offer players the opportunity to win a $1,000.00 Jackpot prize for just $0.25". dot com said that its client in Antigua is pleased to report that the number of participating players has increased again by more than 100% since May 11, 1999. The increase in activity is attributable to the enhancements delivered by the latest two software upgrades made to CyberBingo™, including this latest version which was successfully implemented by dot com on June 3, 1999. The company is now pursuing the development of its other software products which will be released shortly. The successful enhancement of CyberBingo™ 4.5 has allowed dot com to make many of the improvements necessary to expedite the release of its second software offering, Keno, which is presently being tested. The dot com website can be visited at www.dceg.com. This site has links to the CyberBingo™ game system (www.cyberbingo.net), which operates 24 hours per day, 120 games each day, and is played by players from countries throughout the world. dot com plans to expand its Internet and commercial software product base in 1999 to become a leading provider of Internet entertainment software products and services. FOR FURTHER INFORMATION PLEASE CONTACT: Scott White, President or Andre Kern, Controller & Investor Relations at dot com Entertainment Group, Inc.: (416) 366-1444 akern@dceg.com Investors Contact: Juan Dominguez & Dian Griesel, Ph.D. Media Contact: Richard Land at The Investor Relations Group: (212) 664-8489 .com is a development-stage company. Certain of the information contained in this news release constitutes "forward-looking statements", including but not limited to those with respect to the future revenues, the Company's development strategy, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the continued acceptance of the Internet, number of visits to the Company and it's affiliates web sites, as well as those factors disclosed in the Company's documents filed from time to time with the United States Securities and Exchange Commission.