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Microcap & Penny Stocks : IELSF-Flight to Fortune Or? -- Ignore unavailable to you. Want to Upgrade?

To: Intrepid1 who wrote (401)	10/14/1998 8:37:00 AM
From: hcm1943	Read Replies (1) \| Respond to of 520

I LOVE RISK AND YES I AM BUYING ALSO::: Singapore Airlines Launches Second Gaming Aircraft MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct. 14, 1998--Interactive Entertainment Limited (IEL) (Nasdaq: IELSF - news) announced today that Singapore Airlines Limited (SIA) had launched the second B747-400 aircraft with IEL's Sky Games gaming software installed. SIA and IEL loaded the software on the second aircraft last week and performed testing to validate the aircraft environment. SIA placed the aircraft into service yesterday with the Sky Games software operational on the airline's KrisWorld inflight entertainment system. Gordon Stevenson, President and CEO of IEL, stated, ''Technical issues that resulted in a degree of instability on the first aircraft have been resolved. System stability, and the resulting availability of inflight gaming to passengers improved significantly during September. We are confident that the launch of this second aircraft is the first step by SIA in a fleet-wide rollout of Sky Games.'' IEL is the global leader in inflight games, with development and marketing resources in the USA, UK and Singapore. Its Sky Play amusement games are today flying in-service on more than 60 aircraft operated by Cathay Pacific, Egyptair, Malaysia Airlines, Virgin Atlantic, Lauda Air and Saudi Arabian Airlines. IEL provides unmatched expertise in game development, installation, daily operations, revenue enhancement, game and data integrity, as well as accounting and information processing systems for its airline customers. This press release contains forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those anticipated. These include the Company's dependence on airlines' implementation of interactive entertainment systems, the regulatory environment, overall conditions in the airline industry, and the Company's ability to raise the necessary capital to fund its operations. Please refer to the Company's documents, on file with the Securities and Exchange Commission, for a complete discussion of risks and trends.