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


To: DAY TRADER who wrote (13027)7/30/1999 2:02:00 AM
From: ciVic  Respond to of 108040
 
ABET NR!! 649.COM patents pending, lottery website open!!


649.com Inc. Makes Announcements


THURSDAY, JULY 29, 1999 3:21 PM
- BusinessWire

DANA POINT, Calif., Jul 29, 1999 (BUSINESS WIRE via COMTEX) -- 649.com Inc. (the
"company") (OTC BB:ABET) hereby makes the following announcements:

1. The company has completed its patents pending filing as of a
June 24, 1999 filing date. "Method and Apparatus for Conducting
Instantaneous On-line Lotteries" -- Serial No. 09/339,256. The
patents cover the company's unique methods of playing 6/49 "for
free" and "for money," both on the Internet and on stand-alone
"video lottery machines." The concept is based on playing and
immediately having the six numbers drawn in front of you to see
if you have won a major prize of $5 or $10 million instantly.

2. The company has completed its acquisition of 100 percent of
649.com Inc., an Alberta corporation and the shareholders at
the EGM approved the business plan, name change and stock
split.

3. The Web site is now open and may be accessed and www.649.com.
The Web site and the software are being designed by Mindquake
Software Inc. The Web site is to be completed by Aug. 21, 1999
and the software ready for beta testing by Sept. 7, 1999.

4. Additional information regarding the appointment of new
directors, appointment of company auditors, location of the
company's overseas office, completion of negotiations with the
insurance company and with the company processing the financial

transactions will be announced shortly. Statements made by the company may be forward
looking in nature. Actual results may differ from those projected. The company believes that the
information in this release is from sources considered reliable but cannot guarantee that the
statements presented herein are accurate or complete.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: 649.com Inc.
Rene Poole, 604/602-1717
E-mail: investor_relations@649.com

WEB PAGE: businesswire.com

GEOGRAPHY: CALIFORNIA

INDUSTRY CODE: ENTERTAINMENT
INTERACTIVE/MULTIMEDIA/INTERNET