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Non-Tech : Virtual Gaming Technologies, Inc. (VGTI) -- Ignore unavailable to you. Want to Upgrade?

To: M_Power who wrote (116)	2/10/1999 9:55:00 AM
From: Michael Theye	Read Replies (1) \| Respond to of 179

Anyone Home? 02/10 08:26 Virtual Gaming Technologies Inc. and Explora Mexico S.A. de C.V. Sign <VGTI.OB> Virtual Gaming Technologies Inc. and Explora Mexico S.A. de C.V. Sign Marketing Partnership Agreement SAN DIEGO--(BUSINESS WIRE)--Feb. 10, 1999--Virtual Gaming Technologies Inc. (OTC BB:VGTI) announced today that it's subsidiary Virtual Gaming Technologies, Antigua Ltd. (VGTA) has signed a marketing partnership agreement with Explora Mexico S.A. de C.V, a leader in Latin American Internet services. Pursuant to the agreement, Explora Mexico has agreed to promote Virtual Gaming's Internet gaming service to its customers throughout Latin America, including Mexico and Spain. Explora Mexico S.A. de C.V., based in Mexico City, provides Web Design, and Web Hosting services, and also maintains one of the most popular Internet directories and search engines in the world focusing on Latin America. Explora Mexico S.A. de C.V.'s directory and search engine home page offered in English and Spanish may be found at: explore-mex.com, and its Explora Mexico S.A. de C.V.'s Web design and hosting services site may be found at: explora.com.mx Pursuant to the terms of the new marketing agreement, Explora Mexico will share in the net win of all customers provided by their advertising and direct marketing efforts in VGTA's online casino and sports betting service. According to the estimate made by Frost & Sullivan, a marketing consulting firm based in Mountain View, Calif., by 2004 the Internet will generate $7.4 billion in revenue through gambling operations and related software sales. According to Joseph Paravia, chief executive officer and president, "The partnership agreement with Explora Mexico S.A. de C.V. provides an important Latin distribution channel for us, and will help establish VGTA as the key Internet gaming player in the Latin American market. We are actively involved in similar partnerships to market our casino and sports-wagering services around the world. Our partnership opportunity Web site is at www.virtpartners.com." The company's gaming subsidiary at: www.virtcasino.com, conducts online gambling, over the Internet, exclusively targeting non-U.S. residents. The company also offers an Internet based pari-mutuel sports betting service for non-U.S. residents at: www.virtsports.com. The company's corporate Web site is at: www.virtgame.com.

To: M_Power who wrote (116)	4/1/1999 9:54:00 AM
From: Jeffrey L. Henken	Respond to of 179

Virtual Gaming Technologies Inc. Hires Merit Capital as Investment Banker and Financial Advisor SAN DIEGO--(BUSINESS WIRE)--April 1, 1999--Virtual Gaming Technologies Inc. (OTCBB:VGTI - news) an Internet gaming and sports betting software provider announced today it has retained the investment banking firm, Merit Capital, headquartered in Westport, Conn., with over 120 retail and institutional brokers and six branches nationally. David E. Dougherty, a senior investment banker affiliated with Merit Capital who has extensive experience in domestic and international transactions, has been retained to work closely with VGTI's management. Dougherty was formerly a managing director and head of mergers and acquisitions for Bankers Trust Co., New York, where he was a principal in over 100 completed transactions. ''Having Mr. Dougherty's broad experience and background in international transactions, should prove to be particularly beneficial to Virtual Gaming at this time,'' according to Bruce Merati, chief financial officer. The company currently offers an Internet based pari-mutuel sports betting service for non-U.S. residents at: www.virtsports.com and has developed a Variable Automated Betting System that will be offered in the near future. The company's gaming subsidiary at: www.virtcasino.com, conducts online gambling, over the Internet, exclusively targeting non-U.S. residents. The company's strategy is to market its casino and sports-wagering services around the world through its partnership opportunity Web site at www.virtpartners.com. The company's corporate Web site can be found at: www.virtgame.com. Other companies who are in the same business are CryptoLogic (TSE:CRY - news), Starnet (OTCBB:SNMM - news), GalaxiWorld (Nasdaq:GLXW - news), Youbet.com (OTCBB:UBET - news). This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by information currently available to the company. When used in this news release the words ''believe'', ''expect'', ''anticipate'', ''estimate'', ''intend'' and similar expressions are intended to identify forward looking statements. Such statements are subject to certain risks, uncertainties, and assumptions, which are identified in the company's Registration Statement on Form 10-SB/A filed with the Securities and Exchange Commission and subsequently filed SEC reports. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated or projected and the variations may be material. Contact: Virtual Gaming Technologies Inc. Steven R. Reid, 760/327-4297 or Investor Relations VGTI@virtgame.com biz.yahoo.com