To: Kimberly Lee who wrote (14140 ) 8/19/1999 12:10:00 PM From: TallTrader Respond to of 108040
PKER news, www.Poker.Com VANCOUVER, BC--(BUSINESS WIRE)--August 19, 1999--Poker.com, Inc. (OTC BB:PKER - news) is pleased to announce that it has become a publicly traded company on the National Association of Securities Dealers' Over-the-Counter Bulletin Board exchange under the symbol "PKER". Poker.com, Inc. is an entertainment and marketing company that has entered into an agreement with UniNet Technologies Inc. ("UniNet"). This irrevocable agreement grants Poker.com, Inc. the exclusive world-wide rights to market UniNet's www.poker.com domain name and generate revenues from it. Poker.com, Inc. will derive its revenues from: (1) Marketing and Management of poker and other casino games (2) Banner advertising (3) Opt-in newsletter advertising programs (4) Gaming related services and products (i.e. books, playing cards). UniNet has purchased multi-player poker software from ASF Software, Inc., a well-established software and gaming company. The website, www.poker.com is expected to launch multi-player poker games on or before 1st October, 1999 and commence accepting real-money wagers immediately. The company will further leverage its strong brand name and on-line presence into a full range of casino-style games. This will fully capitalize on the rapidly expanding Internet gaming market which is anticipated to grow to US$ 10.2 billion by 2002 ("London Financial Times"). Casino software will be licensed from either Starnet Communications International Inc., Cryptologic, Inc. or BossMedia. Discussions are currently underway. The site, www.poker.com, will be set up as a portal with free e-mail, free newsletters, links to other informative and synergistic sites , chat, and entertainment information in a fun and exciting environment. Poker.com Inc.'s goal is to establish www.poker.com as a leading edge and innovative Internet destination. New games and creative ideas (such as 3-D environments) will be actively sought out in order to create and maintain a competitive edge. As part of this strategy, other competitive and synergistic sites and technologies will be acquired. Once www.poker.com goes live, Poker.com, Inc. plans to aggressively capture market share with a major advertising campaign through the Internet and off-line media channels. Poker.com, Inc. is committed to establish the site www.poker.com as the largest on-line poker site in the world within 6-12 months. Poker.com, Inc.'s competitors in the Internet gaming market broadly include: Trans World Gaming Group (OTC BB:IBET - news), Argosy Gaming Co.(NYSE:AGY - news), International Game Technology Inc. (NYSE:IGT - news), Cryptologic Inc. (TSE:CRY - news), Starnet Communications International Inc. (OTC BB:SNMM - news), GLC Limited (Nasdaq:GLCCF - news), Atlantic International Entertainment Ltd. (OTC BB:AIEE - news), Cybergames Inc. (OTC BB:CYGA - news), IGN Internet Global Network Inc. (VSE:IGN, OTC BB:IGINIF), Global Games Corp. (OTC BB:GLOW - news), and Bingo.com (OTC BB: BIGG - news). This press release may contain forward-looking statements, particularly as related to the business plans of the company, within the meaning of Section 27A of the Securities Act of 1993 and Sections 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor created by these sections. Actual results may differ materially from the company's expectations and estimates. --30--ajg/in* CONTACT: Graham Taylor or Bob Vukovich Toll-free: 800/844 4611 Fax: 604/681 4707 e-mail: info@poker.com