To: Spark who wrote (116 ) 5/29/2000 12:28:00 PM From: Boolish Read Replies (1) | Respond to of 137
biz.yahoo.com VANCOUVER, May 29 /CNW/ - Border Capital Corp. (CDNX:BOP)("Border" or the "Company") is very pleased to announce that Mr. Eamon Hoey has been appointed to the Company's Board of Directors. Mr. Hoey, Canada's leading telecommunications strategist, is Senior Partner of Hoey Associates, a telecommunications consulting firm. Mr. Hoey brings to Border almost 30 years of business experience and a significant depth of knowledge with respect to the strategic business, marketing and operational issues that impact on enterprise development and wealth creation, with particular expertise in governing publicly traded companies. Management is of the view that Mr. Hoey will be instrumental in creating long-term sustainable shareholder value. In committing to assist the Company, Mr. Hoey stated, "I am a dedicated team player with a host of skills, imagination and a belief in plain old hard work. These are key ingredients that will make this Company's iTVgames plan of business an operational success, and create long term sustainable shareholder value." Mr. Hoey's knowledge of advanced telecommunications and eCommerce technologies is complimentary to operational plans by the Company to deploy interactive lottery games that dramatically improve the convenience, speed, ease and fun of playing at home on conventional television, the Internet and on interactive television sets supported by Web TV©, Pop TV©, Direct TV© or digital cable systems now emerging in the marketplace. Mr. Hoey is currently Chairman of eStation.com Inc., a developer of eCommerce, advertising and value-added service solutions for public access devices. He is also a former director of TeleBackup Systems Inc., a publicly traded supplier of enterprise data storage management software. TeleBackup created significant shareholder value when it was sold to Veritas Software Corporation (NASDAQ:VRTS - news). Mr. Hoey is a frequent commentator in the media with respect to telecommunications issues. Mr. Hoey was one of the founders of Optel Communications Corp. (TSE:OCC.B), a Canadian local telecommunications service provider. His involvement with Optel provided him with first hand experience in the challenges faced by entrepreneurial companies providing innovative services in a competitive environment. The Company has granted stock options, subject to regulatory consent, to Mr. Hoey for 300,000 common shares at an exercise price of $0.70 per share for a period of two years. Border Capital Corp. develops broadband Internet and interactive television lottery game systems, protected by U.S. and International Patents. Border is also a majority investor in the St. Mary's Entertainment Center, a successful licensed gaming facility located in Fredericton, New Brunswick. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.