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Microcap & Penny Stocks : TMMI - Total Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Hoyt who wrote (11884)12/17/1998 10:22:00 AM
From: Mark S. Schroeder  Respond to of 19109
 
Saw this news release today, yet I don't think it has anything to do with our Total Multimedia.......but interesting

*******

(BSNS WIRE) Total Entertainment, Inc. Soars Into 1999
Total Entertainment, Inc. Soars Into 1999


Business/Technology Editors

RED BANK, N.J. & MONTREAL--(BUSINESS WIRE)--Dec. 17, 1998--
Intercapital Canada Ltee, a subsidiary of Total Entertainment Inc.
(OTC BB:TTLN), reported that THEONLINECASINO.COM, month of November
gross profit was $82,840.00, an increase of 11% over October for
Casino Operations and Sportsbook.
THEONLINECASINO.COM increased its account base again by over 85%
in November and anticipates this growth trend to continue. Total
Entertainment, Inc. will announce first quarter operational results in
January 1999 along with the appointment Deloitte and Touche as the
company's accounting firm that will support our international growth.
As of December 1st, THEONLINECASINO.COM has expanded its Casino
by adding 16 additional slot machines ranging from five cents to two
dollar slots. Based on preliminary results, the December forecast of a
gross profit of $75,000 will exceed expectations to well above
$100,000.00. The momentum of Casino traffic and increase in account
base activity should carry over into January 1999.
THEONLINECASINO.COM has seen its Sportsbook experience
substantial growth over the past 30 days and feels that with its
growing account base and College Bowl season vastly approaching as
well as the NFL playoffs and the Super Bowl, revenues and earnings
should continue to exceed expectations. THEONLINECASINO.COM feels that
with the continuation of its extensive Internet advertising campaign
and its superior customer service, the client base should more than
double in the first quarter of 1999.
The company also has reached a tentative agreement to add an
additional licensee in 1999, along with Chinese and Japanese language
versions and additional Casino style games. Total Entertainment, Inc.
goal is to become a leader in the Internet gaming industry in 1999.
Total Entertainment Inc., through its wholly subsidiary Online
Software Inc., licenses software for Internet gaming. Intercapital
Canada Ltee is an Internet-based commercial service business providing
secure automated transaction processing and proprietary software for
Internet clients. Total Entertainment Inc., provides entertainment
management, marketing and consulting services.
The Internet Casino and Sportsbook can be found online at
WWW.THEONLINECASINO.COM/
"This press release contains forward-looking statements which are
made pursuant to the Safe-Harbor provisions of the Private Securities
Litigation Reform Act of 1995."

--30--de/ny*

CONTACT: Total Entertainment
Sandy J. Masselli, Jr.
Phone: 1-732-345-1166
or
Intercapital Canada, Ltee
Alex Kennedy
Phone: 1-888-860-4110