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To: SSP who wrote (59204)8/15/2000 10:35:16 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
BBTC - BounceBackTechnologies.com, Inc. Announces Third Quarter Results


OCEAN SPRINGS, Miss., Aug. 15 /PRNewswire/ --
BounceBackTechnologies.com, Inc. (OTC Bulletin Board: BBTC), a Minnesota
corporation headquartered in Ocean Springs, Miss., announced today the results
for the period ending June 30, 2000.
For the three month period ending June 30, 2000, the Company reported a
net income of $777,000 or $.07 per share compared to a net loss of $407,000 or
($0.04) per share for the comparable three month period in 1999.
For the nine months ended June 30, 2000, the Company reported a net income
of $261,000 or $.02 per share compared to a net loss of $3,268,000 or ($0.35)
per share for the comparable nine month period in 1999.
Weighted average number of shares outstanding as of June 30, 2000 and 1999
were 10,799,639 and 10,537,188, respectively.
According to Jack Pilger, CEO and Chairman, "The Company's financial
performance is much improved over the same period in 1999. The Company
recognized gains and discounts from the early extinguishment of debt,
licensing revenue and continued profitability from its entertainment segment.
Also, the Company's gaming segment, CRC Tunisia, N.A., continues to improve on
its operating results, with no extraordinary events, for both the three month
and nine month periods ending June 30, 2000. The Company's newly acquired 80%
owned subsidiaries BounceBackMedia.com and Raw Data Corp. operated at a loss
for the periods reported. However, both entities' sales levels are improving
as they continue to penetrate the market for their products. As a result, any
increase in sales coupled with the leveling of operating expenses will improve
both entities' profitability."
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in this
press release (as well as information included in oral statements or other
written statements made or to be made by the Company) contains statements that
are forward-looking. Such forward-looking information involves important risks
and uncertainties that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of the Company. These risks
and uncertainties include, but are not limited to, those relating to
development and construction activities, dependence on existing management,
leverage and debt service, domestic or global economic conditions, activities
of competitors and the presence of new or additional competition, fluctuations
and changes in customer preferences and attitudes, changes in federal or state
tax laws or the administration of such laws and changes in gaming laws or
regulations and laws associated with e-commerce and internet uses. For more
information, review the Company's filings with the Securities and Exchange
Commission, including the Company's annual report on Form 1O-K and certain
registration statements of the Company.
BounceBackTechnologies.com, Inc. is in the business of providing marketing
and advertising business solutions to the e-commerce industry and consumers
alike. Additionally, the Company owns Country Tonite Enterprises, an
award-winning theatrical production company in Las Vegas, Nev., (producers of
the "Country Tonite Show"). The Country Tonite Show is presently performing
in Branson's Country Tonite Theatre and in the Country Tonite Theatre in
Pigeon Forge, Tenn. The Company also operates a casino and 500-seat theatre in
Sousse, Tunisia.

SOURCE BounceBackTechnologies.com, Inc.
-0- 8/15/2000
/CONTACT: Robert J. Allen, Vice President of BounceBackTechnologies.com,
Inc., 228-872-5558, bob@bouncebacktechnologies.com /
(BBTC)