To: Bullhorn who wrote (6032 ) 2/17/1999 2:50:00 PM From: P.E. Allen Respond to of 11130
Tuesday February 16, 8:17 am Eastern Time Company Press Release Group V to Become Part of the Internet Marketing Consortium and to Receive 80,000,000 Hits Starting This Month SAN FRANCISCO--(BUSINESS WIRE)--Feb. 16, 1999--National Pools Corporation to Offer Virtual HitLoTTo® Product on Retail Website to International Players. Group V Corporation (GRPV), and CPNM/Internet Marketing Consortium announced today an alliance between the two firms to jointly promote and market the Company's new retail website's virtual HitLoTTo product. The site is expected to be available within eight weeks and will be promoted through a series of multimedia efforts. ''Our goal is to drive 80 million hits in potential retail activity to Group V's new commerce web site, through CPNM's network of 10 Internet retail affiliate programs,'' said Beryl Wolk, President of CPNM. Wolk added that CPNM recently announced a joint venture with leading web retailers. Group V also announced the availability of their ''play only'' virtual HitLoTTo Club Card, opening international access for the product. ''The marriage of our HitLoTTo Card and the World Wide Web will allow lottery players all over the world to play HitLoTTo from the convenience of their computers,'' said Joseph Monterosso, Chairman and President of Group V. ''Web commerce has allowed us to open the international market for HitLoTTo.'' Monterosso said Group V had been developing the international lottery product for some time. ''We're confident that HitLoTTo will become the standard for lottery players worldwide with this opportunity to participate in the most exciting US State lotteries,'' he said. The HitLoTTo Club Card is produced by Group V subsidiary National Pools Corporation (NPC). Marketed as ''The Phone Card That Can Make You Rich,'' with the HitLoTTo Club Card, anyone can play all the big U.S. lottery jackpots, including Powerball, from the convenience of their telephone or computer. NPC is the only company to market a pre-paid phone card with free lottery play as a purchase incentive. Group V Corporation (a publicly traded company OTC:GRPV) is a diversified telecommunications company specializing in some of the most profitable market segments including: one-plus and toll-free long distance, and pre-paid phone card products. Group V has created a network of complementary companies, many of which offer products and services of their own, many of which market, develop or deliver the products of companies within the Group V family. Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: Group V John Steward, 415/575-0227 -------------------------------------------------------------------------------- More Quotes and News: Group V Corp (OTC BB:GRPV - news) Related News Categories: computers, internet, leisure/travel, telecom --------------------------------------------------------------------------------