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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: interesting man who wrote (12760)	7/27/1999 12:41:00 PM
From: Ga Bard	Respond to of 108040

It's kicking too. SNMM was a good bounce. GB

To: interesting man who wrote (12760)	7/27/1999 2:16:00 PM
From: 2MAR$	Read Replies (2) \| Respond to of 108040

(BSNS WIRE) Starnet Clarifies Lawsuit Press Release Starnet Clarifies Lawsuit Press Release Business Editors WILMINGTON, Del.--(BUSINESS WIRE)--July 27, 1999--Starnet Communications International Inc. (NASDAQ:SNMM) ("Starnet") would like to clarify the facts regarding the "alleged" lawsuit. Starnet has not received formal legal notice of any lawsuit whatsoever from Las Vegas Casino Inc. Softec Systems Caribbean Inc., Starnet's wholly owned subsidiary, also has not received any formal legal notice of any lawsuit whatever from Las Vegas Casino Inc. A more detailed press release on this matter will be issued later today. 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 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 fillings with the Securities & Exchange Commission. --30--ik/sf* CONTACT: Starnet Communications International Inc. Carey Nelson, 604/608-6034 North American Toll-Free - 1-888-883-0833 Outside N. America - 800-883-88338 ir@snmm.com or M&A West Inc. (Investor Relations) Jack Rosenberg, 650/588-2678 www.mawest.com KEYWORD: DELAWARE INDUSTRY KEYWORD: ENTERTAINMENT GAMING INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *