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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: TGO who wrote (8292)	1/12/1999 3:13:00 PM
From: DADEPFAN	Respond to of 8879

Global Games and First Entertainment HoldingCorp. Proceeding to Finalize Agreement On Internet Sports Book Gaming January 12, 1999 03:06 PM MINNEAPOLIS--(BUSINESS WIRE)--January 12, 1999--GLOW Global Games Corp. and First Entertainment Holding Corp. FTET plan to meet this week to finalize an agreement as previously announced for First Entertainment to proceed with a sports site using software from Global Games. First Entertainment has had meetings with an attorney recently and intends to retain legal counsel. Before the definitive agreement is concluded, First Entertainment will need to complete its due diligence and obtain the necessary legal and regulatory approvals. Mr. Borglund, CEO of Global Games, recently returned from Dominica and announced that the first weekend of horse race wagering exceeded forecasts. Island Gaming reported that its improved software for horse race wagering will be installed today. The software for horse race wagering is available at islandgaming.net Global Games Corporation is an Internet-based commercial service business providing secure automated transaction processing for merchants and Internet customers. Additionally, Global provides management and consulting services. Global's core marketing strategy is to develop recurring electronic revenue streams based on targeted niche markets where the Company's expertise can be leveraged. This press release contains forward-looking statements with respect to the results of operations and business of the Company that involve risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.