To: Jonathan Lebed who wrote (8386 ) 1/14/1999 8:41:00 PM From: mikekell Respond to of 8879
BoysToys.com Inc. to Establish Online Casino Site LA JOLLA, Calif.--(BUSINESS WIRE)--Jan. 14, 1999--BoysToys.com Inc. (OTC BB:GRLZ) announced today that the company has registered the domain boystoyscasino.com for their anticipated online casino. The company is planning an adult-themed online casino that will focus its marketing efforts toward the adult sector of the Internet. Adult subscriber sites represent the single largest segment of e-commerce on the Internet today, generating over $2 billion in annual revenues. The online casino will complement the recent acquisition of AVS and KEYZ.com which include 2,400 adult sites and 120,000 subscribers. The company will establish an offshore subsidiary that will handle all gaming operations. Current operators in the end-consumer market include GIC Global Intertainment Corp. (OTC BB:GGNC), Global Games Corp. (OTC BB:GLOW) and GLC Ltd. (Nasdaq:GLCCF - news; Nasdaq:GLCCF - news). BoysToys.com Inc. is a media content and services provider for adult-related Internet sites. Adult Internet subscriber sites represents the single largest segment of E-Commerce on the Internet today. Additional information about BoysToys.com can be located at boysir.com Statements regarding financial matters in this press release other than historical facts are ''forward-looking statements'' within the meaning of section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. --------------------------------------------------------------------------------