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To: judge who wrote (20236)6/2/1998 12:31:00 PM
From: Gator  Respond to of 27968
 
<O.T.> More good news on ETPI (just hit the wires):

Tuesday June 2, 12:05 pm Eastern Time

Company Press Release

Entertainment Technologies & Programs Inc. Signs Installation and Service Agreement With Bronco Bowl in Dallas

HOUSTON--(BUSINESS WIRE)--June 2, 1998--Entertainment Technologies & Programs (OTC:ETPI - news), a fully-integrated entertainment and amusement company, today announced the signing of an installation and service agreement for their wholly-owned subsidiary, Hero's Family
Entertainment Center within Bronco Bowl in Dallas, Texas.

The agreement calls for Hero's to place amusement machines, laser tag and virtual reality equipment within the 100,000 square ft. Bronco Bowl entertainment complex. Hero's Family Entertainment Center's equipment will fill approximately 13,000 square feet supporting all three elements.

Virtual World is providing the virtual reality equipment with a ''state of the art'' Tesla System on a revenue share basis. The amusement machines are high traffic and impact for the center that includes an ETP Laser Kombat system. This equipment will place the Bronco Bowl arcade area on the cutting edge of technologies and amusement services adding to the comprehensive complex.

''The deal between ETP and Bronco Bowl is the beginning of potentially numerous products and services between the two companies,'' according to ETP CEO, James ''Doug'' Butcher. ''There is tremendous growth for both entities and this location will allow support and cross marketing for Hero's Family Fun center that is due to open at The Parks at Arlington Mall later this month,'' he concluded.

Entertainment Technologies & Programs has been a Government approved supplier of entertainment services on U.S. Military bases worldwide for five years. The Company has an AFNAF (Air Force Non-Appropriated Funds) contract. The Company is now using their skills for
vertical integration of the civilian market.

Contact:

Entertainment Technologies & Programs Inc., Houston
Dan Telles or Pete Cahill, 281/486-6061
etpi-ir@worldnet.att.net



To: judge who wrote (20236)6/2/1998 12:33:00 PM
From: JOEY  Respond to of 27968
 
I think we weathered the storm already. The calm is much needed. Once management clears the cob webs from within, we will continue the nice steady appreciation that was once enjoyed by all (except the shorts).

FAMH received a needed tune up. New Pres. and new CFO. We are ready to push ahead.

Jake