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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?

To: Roofman who wrote (3669)	7/20/1999 7:26:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 8858

(BSNS WIRE) Starnet Welcomes Stack-Em Holdings Ltd. and Glen Eagles Hold Starnet Welcomes Stack-Em Holdings Ltd. and Glen Eagles Holdings Inc. as Newest Licensees Business Editors and High-Tech Writers WILMINGTON, Del.--(BUSINESS WIRE)--July 20, 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 Stack-Em Holdings Inc. ("Stack-Em Holdings") and Glen Eagles Holdings Inc. ("Glen Eagles"). Softec Systems Caribbean Inc. (www.softecsystems.com) is a wholly owned Starnet subsidiary based in Antigua, which licenses Starnet's "proprietary" Internet gaming technologies to independent operators. Stack-Em Holdings and Glen Eagles 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. Starnet would also like to announce that the following licensees have been granted their gaming licenses from the Government of Antigua and will start implementing the Softec system via the following web sites for real-money wagering. All Seasons Entertainment Inc., www.marscasino.com, Axxis Investments Inc., www.whitebuffalocasino.com, EuroAsian E-Casinos International Inc., www.asiacasino.com, Kodiak Enterprises Inc., www.virtualwagering.com, Umax Investments Inc., www.sportingcasino.com and Atlantic West Gaming Entertainment Ltd. at www.wincitycasino.com. 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 producer 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 filings with the Securities & Exchange Commission. --30--rb/sf* jsj/crd/sf CONTACT: Starnet Communications International Inc. Carey Nelson, 604/608-6034 ir@snmm.com or M&A West Inc. (Investor Relations) Jack Rosenberg, 650/588-2678 www.mawest.com KEYWORD: DELAWARE INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET ENTERTAINMENT

To: Roofman who wrote (3669)	7/20/1999 9:29:00 AM
From: robert duke	Read Replies (1) \| Respond to of 8858

Well the only reason we will see that is because it is a new product and a new company. Once a company gets to be so big like msft it is hard to grow earnings like that.