To: Jim Bishop who wrote (9953 ) 9/20/1999 4:10:00 PM From: Postman Respond to of 150070
ENCR News- Monday September 20, 9:53 am Eastern Time Company Press Release Encounter.com, Inc. Announces TheSinglesCasino.com site Contract DENVER--(BUSINESS WIRE)--Sept. 20, 1999--The Directors of Encounter.com, Inc. (OTC BB: ENCR) are pleased to announce that they have signed a contract with ICrystal.com Inc. for the design and management of an on-line gaming site to be called TheSinglesCasino.com. The site will be the first in North America themed to be attractive to women gamblers - reflecting our experience that the guys will follow. Players will be able to stroll from table to table & meet other singles. Games offered will include blackjack and slots. The purchase price for this site of $100,000 will be paid through issue of treasury shares with restricted trading features. ICrystal.com Inc. is one of world's premier gaming software companies having developed and installed numerous Internet gaming sites including: www.videopokerplace.com. On-line gaming expenditures is expected to reach $2.6 billion in 2000 and $10 billion by 2002 (source: data monitor). We believe that the singles theme live ``casino' lounge will provide an exciting, friendly meeting place for our customers. Encounter.com, Inc. is creating through acquisition and strategic alliance a worldwide service business for the 'singles' demographic linking: Internet based travel, leisure activities, a singles casino, newspaper based 'voice personals,' Internet dating, and related lifestyle business. ON BEHALF OF THE BOARD OF Encounter.com, Inc. Jack Macdonald Director CERTAIN INFORMATION INCLUDED IN THIS COMMUNICATION (AS WELL AS INFORMATION INCLUDED IN ORAL STATEMENTS OR OTHER WRITTEN STATEMENTS MADE OR TO BE MADE BY Encounter.com, Inc.) CONTAINS STATEMENTS THAT ARE FORWARD-LOOKING, SUCH AS STATEMENTS RELATING TO THE FUTURE ANTICIPATED DIRECTION OF THE INTERNET INDUSTRY, PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING RESOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS. THESE FORWARD STATEMENTS ARE SUBJECT TO A NUMBER OF KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL OPERATIONS OR RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED. THE NASD HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Contact: Encounter.com, Inc., Denver Cary Martin or John Black Toll-Free: 1-800-661-0004 Tel: (303) 398-7086 Fax: (303) 398-7001 email: info@e-ncounter.com Website: www.e-ncounter.com or email: invest@singlestogo.com