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To: scouser who wrote (5502)7/29/1999 10:11:00 AM
From: scouser  Respond to of 150070
 
TXCI from today's PR........

Fourth quarter consolidated results: As a result of a pre-paid phone card distribution agreement worth approximately $8.5 million in sales, effective April 1 1999, and $1.1 million in pre-paid sales for Worldwide Prepaid, Inc. the Company reported revenues of $700,000 for its fourth quarter compared to $399,711 revenues during the same period last year, or a 75 percent increase.

Highlights from the quarter include the Company's 500 percent expansion in telecommunications capacity to support the HitLoTTo(R) program (Business Wire June 10) in anticipation of high volume E-commerce sales driven in part by the Company's joint venture with CPNM/Internet Marketing and distribution agreements with the IMC (Internet Marketing Consortium).

The consortium is expected to carry the on-line version of the HitLoTTo Club Card on all its affiliated leading retail websites beginning in mid-September, exposing HitLoTTo to more than two hundred million hits per month.

The Company also announced that the New York State lottery, North America's largest lottery retailer, would be available for HitLoTTo Club Card play beginning September 1, 1999. TotalAxcess.com's proprietary HitLoTTo Club Card is the only pre-paid phone card that offers free lottery plays as a purchase incentive.