To: Gerard DeSantis who wrote (7454 ) 9/15/1999 2:50:00 PM From: Gator Respond to of 8858
Gerr!!! Businesses still want to be with the Leader!!! We have two more licensees, here's the News Release!!! >> STARNET WELCOMES BLACK RHINO SPORTING CLUB INC. AND TWOBETON.COM AS NEWEST LICENSEES St. Johns, Antigua, September 15, 1999 - Starnet Communications International Inc. (NASD OTC-BB: "SNMM") ("Starnet") is pleased to announce that its wholly owned subsidiary, Starnet Systems International Inc. ("Starnet Systems") has entered into agreements to license its proprietary Internet gaming technologies to Black Rhino Sporting Club Inc. ("Black Rhino") and Twobeton.com ("Twobeton"). Starnet Systems International Inc. (www.starnetsystems.net) is a wholly owned Starnet subsidiary based in Antigua, which licenses Starnet's "proprietary" Internet gaming technologies to independent operators. Black Rhino and Twobeton 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 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". Starnet is a leading developer and producer of Internet technologies for gaming applications. For more information, please visit www.snmm.com. CONTACT: Starnet Communications International Inc. Investor Relations Carey Nelson, Investor Relations Manager, Ph: (604) 608-6034 Rob Grace, Investor Relations Manager, Ph: (604) 608-6035 North American Toll - 1-888-883-0833 Outside N. America - 800-883-88338 Email - ir@snmm.com Or Ogilvy Public Relations Worldwide Brad Miller (212) 880.5345 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. >> Later...Gator