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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Takeover who wrote (3768)	7/15/1999 12:01:00 AM
From: SSP	Read Replies (1) \| Respond to of 150070

ILMINGTON, Del.--(BUSINESS WIRE)--July 13, 1999--Starnet Communications International Inc. (NASD OTC-BB: "SNMM") ("Starnet") is pleased to announce that its wholly owned subsidiary, Softec Systems Caribbean Inc. ("Softec") has entered into agreements to license its proprietary Internet gaming technologies to Bronx Minerals Inc. ("Bronx") and Denman Island Entertainment Inc. ("Denman Island"). Bronx and Denman Island will be supplied with a customized, integrated Internet gaming system including virtual Casino games, a Sportsbook with real-time odds feed from Las Vegas and Europe, and simulcast horse and dog racing (no wagers taken at this time). The licensee's customers will be able to place wagers via a secure online financial transaction system. The Internet gaming technology is licensed through Starnet's wholly owned subsidiary, Softec Systems Caribbean Inc. ("Softec"). Softec Systems Caribbean Inc. (www.softecsystems.com) is a wholly owned Starnet subsidiary based in Antigua, which licenses Starnet's "turn-key" Internet gaming technologies to independent operators. Starnet is a fully reporting US (Delaware) corporation, which is currently listed on the National Association of Security Dealers ("NASD") Over-The-Counter Bulletin Board and commenced trading in September of 1997 under the symbol "SNMM". Starnet is also listed on the Berlin Stock Exchange ("Berlin") and is publicly traded on Over-The-Counter market under the symbol "SNM". Starnet is a leading developer and provider of Internet technologies for gaming applications. For more information, please visit www.snmm.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Starnet's fillings with the Securities & Exchange Commission. --30--eb/sf* CONTACT: Starnet Communications International Inc. Carey Nelson, 604/608-6034 ir@starnet.ca or M&A West Inc. (Investor Relations) Jack Rosenberg, 650/588-2678 www.mawest.com