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

To: Mephistopheles who wrote (162)	3/24/1998 12:38:00 PM
From: Gator	Read Replies (1) \| Respond to of 8858

To All: Today's News Release: Tuesday March 24, 9:05 am Eastern Time Company Press Release Starnet Welcomes Two More Internet Gaming Licensees WILMINGTON, Del.--(BUSINESS WIRE)--March 24, 1998--Starnet Communications International Inc. (NASD/OTC BB:SNMM) (''Starnet'') is pleased to announce that it has licensed Softec Internet gaming systems to two established gaming enterprises. ''We're excited about our alliance with these innovative licensees,'' said Starnet's CEO, Mark Dohlen -- who noted that Starnet participates in the revenues generated from every Softec Internet gaming system under license. Oz Gaming, a private corporation based in Costa Rica, has licensed a Softec Internet gaming system located at ozgaming.com. Oz Gaming's management has extensive experience in telephone and Internet based sports wagering services. Oz Gaming's online sportsbook features a real-time Las Vegas line on a variety of international sporting events. In addition to placing sports wagers online, Oz Gaming patrons can play a variety of virtual casino games such as Blackjack, and purchase tickets for international lotteries. Simulcast horseracing & pari-mutuel wagering from Miami's Hialeah Park Race Course will soon be added. Multrade Ltd., an international investment conglomerate based in the Bahamas, has licensed an Internet gaming system known as ''Jakarta International Casino'' (http://www.jakartacasino.com). Multrade's system will be customized to target Indonesian gaming consumers. The website and players' software will be translated into Indonesian, and the featured casino game is Indonesia's most popular gambling pastime -- Baccarat. Softec Systems Caribbean Inc. (http://www.softecsystems.com), a wholly owned Starnet subsidiary, customizes and licenses turn-key Internet gaming systems to independent parties in exchange for participation in the licensees' revenues. Softec now has three independent licensees. PC Computing magazine has estimated that the Internet gaming market could reach US $20 billion in annual revenues by the turn of the century. Starnet intends to penetrate this market with its proprietary system (http://www.worldgaming.net), and through the licensing process. Starnet (http://www.starnetcommunications.com) is a fully reporting, publicly held interactive entertainment company, which identifies and commercializes Internet technologies for established markets. Starnet's revenue-generating websites attract over 6 million hits per day. 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 harbor created by these sections. Actual results may differ materially from Starnet's expectations. Contact: Starnet Investor Relations: 888/777-6458 (Toll-Free) 604/685-7619 604/684-0391 (FAX) ir@starnetcommunications.com >>>> Later...Gator