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To: Mama Bear who wrote (10978)	7/15/1999 8:41:00 PM
From: afrayem onigwecher	Read Replies (1) \| Respond to of 18998

Starnet Selects IP Equity, Inc. as Its Internet Investor Relations Firm WILMINGTON, Del.--(BUSINESS WIRE)--July 15, 1999--Starnet Communications International Inc. (NASD OTC BB:SNMM) ("Starnet") is pleased to announce that, effective immediately, it has selected IP Equity, Inc. as its Internet-targeted Investor Relations firm. IP Equity has been retained to direct the company's financial communications and shareholder relations campaign with a specific focus on the Internet as a medium for communications with the company's existing and potential shareholders. "We are delighted to take on Starnet as our client. We have been an active investor in Starnet for quite some time now. IP Equity is extremely selective in choosing its clients and denies the vast majority of applicants. With the recent activity in the online gaming industry, we found Starnet to be an exciting and promising young company worthy of our efforts", stated IP Equity CEO, Chris Agarwal. IP Equity, Inc. (www.ipequity.com) is a leading Internet investment and marketing firm. Based out of San Diego, California, the company's clients include billserv.com, Inc., Circle Group Internet, Inc., VillageFax.com, Inc., Internet Ventures, Inc., mPhase Technologies, Inc., and Information-Highway.com, Inc.. Through its Internet Stock News publication, www.internetstocknews.com, the company delivers breaking Internet stock news and commentary to over 100,000 Internet investors worldwide. "With the strong outlook for our 1999 business operations, we want to disseminate our corporate performance and goals to individuals and institutions worldwide," commented Mark Dohlen, CEO of Starnet. "To accomplish this goal, we have retained IP Equity, Inc. as our Internet IR firm. They are the leaders in the area of utilizing the Internet as the primary form of communication to reach the investment community. With a large percentage of the financial community now online, we are confident that IP Equity will enhance our efforts in making our presence known among the institutional and retail investment community". 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". The Wall Street Journal described Starnet as "one of the established leaders in Internet gaming and entertainment". IGWB Magazine described Starnet as "the Home Shopping Network of Gambling". 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. CONTACT: Starnet Communications International Inc. Mr. Carey Nelson, 604/608-6034 ir@snmm.com or IP Equity, Internet Investments Dan Mutters, 800/997-3323 Dan@ipequity.com or M&A West Inc. (Investor Relations) Mr. Jack Rosenberg, 650/588-2678 www.mawest.com KEYWORD: DELAWARE BW0334 JUL 15,1999 11:57 PACIFIC 14:57 EASTERN