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To: Shoot1st who wrote (18008)	5/14/1998 3:26:00 PM
From: inchingup	Respond to of 34592

NRAG Thursday, May 14 1998 1:46PM ET Three Number Game Gets 'Thumbs Up' from California and Caribbean Markets PR Newswire - May 14, 1998 13:01 NRAG %CNO V%PRN P%PRN Jump to first matched term TOLEDO, Ohio, May 14 /PRNewswire/ -- NorAm Gaming & Entertainment Corp. (OTC BULLETIN BOARD: NRAG) announced today that the Joint Venture of NorAm and World Touch Gaming has been conducting demonstrations of their new electronic three number game, "Winner Takes All", to gambling interests in California and the Caribbean. World Touch Gaming, Inc. President, Donald Fiechter, has just returned from two separate meetings with representatives of 40 California Indian Casinos. Mr. Fiechter met with the representatives of the Southern California Tribes in late April, and with the representatives of the Northern California Tribes last week. The "invitation only" demonstrations were prompted by the pending action of the California State Government and the U.S. Federal Government, to force the Indian Casinos to phase out Class III slot machines, and replace them with approved Class II games. The deadline for the Indians to comply with the restrictions was May 13, 1998. According to a report from Mr. Fiechter to the Joint Venture, the results were "overwhelming." "We anticipated that the game would be well received, but considering the critical situation currently faced by Indian gaming interests in California, this game was by far, the star of the show. The Tribes are familiar with a similar game, which is played in many Indian Casinos across the U.S., in the non-electronic format. However, when they saw it happening without the intense labor requirement usually associated with the game, it was an instant hit." Mr. Fiechter stated that if the game were ready to ship today, he feels confident that the Joint Venture could have 30 orders from the California Indian Tribes and another 10 orders from Indian facilities in Oklahoma. Additionally, Mr. Fiechter participated in another demonstration in Puerto Rico, designed to give gaming interests in Central America and the Caribbean a took at new gaming technology. According to Mr. Fiechter, "we received the same reaction in Puerto Rico as we did in California." The only question they have is, "when can we get it." The Caribbean demo was attended by approximately 300 casino and bingo managers from many countries in Central America and most of the Island gaming communities throughout the Caribbean. George C. Zilba, CEO of NorAm Gaming, has been working closely with technical representatives from Vaprel and World Touch to insure that the system will be ready for production by the end of this quarter. From that point on, it will be a matter of meeting the demand for the system. In a previous release, (April 17, 1998), the Joint Venture partnership projected gross revenue from the installation of the system at $21,000,000, for the first year of operation. This press release contains forward looking statements that are subject to risk and uncertainties. Actual results may differ materially from such forward looking statements as a result, and uncertainties, including those described in NorAm Gaming & Entertainment, Inc.'s reports filed with the SEC. SOURCE NorAm Gaming & Entertainment Corp. /CONTACT: George C. Zilba, CEO, of NorAm Gaming & Entertainment, 734-888-1172/ (NRAG)