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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?

To: Kent C. who wrote (24)	11/12/1997 1:54:00 PM
From: michel lavail	Respond to of 8858

WILMINGTON, Del.--(BUSINESS WIRE)--Nov. 12, 1997--Starnet Communications International Inc. (NASDAQ OTC BB: SNMM - news) is pleased to announce the incorporation of its new wholly owned subsidiary, Softec Systems Caribbean Inc. (''Softec''). Based in Antigua, West Indies, Softec is engaged in licensing real-money Internet gaming systems to offshore gaming license holders. Qualified clients may license proprietary, turnkey Internet gaming systems from Softec (www.softecsystems.com), which include: Custom designed, multilingual gaming software; Web site development and management on Softec's offshore systems network; Customized database systems to manage customers' accounts; 24-hour technical support for the licensee and its customers; A secure Internet transaction processing system to facilitate on-line wagers. ''In essence, all you require is an offshore gaming license, a credit card merchant number, an accounting and marketing department...we take care of the rest,'' states Mark Dohlen, chief executive officer of Starnet Communications International Inc. Softec charges a design, setup and integration fee to establish the licensee's system, then participates in the licensee's on-line gaming revenues. Some estimates suggest that the Internet gaming market could reach US $10 billion in revenues within three years, with the highest estimate being $20 billion (source: PC Computing magazine). Starnet Communications International Inc. (www.starnetcommunications.com) is a high technology investment and finance company which identifies and commercializes Internet technologies to penetrate established markets. For further information please contact: Graham Taylor, Investor / Corporate Communications, Toll-Free: 888/777-6458, Tel: 604/685-7619, Fax: 604/684-0391, or e-mail: ir@starnetcommunications.com . The statements in this press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 and is subject to the safe harbour created by these sections. Actual results may differ materially from the company's expectations.