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To: MoneyMade who wrote (6668)2/18/1999 10:13:00 AM
From: CPM  Respond to of 15987
 
SBET...NEWS!! Looks Good...

Century Industries, Inc. to Provide $2,500,000 in Initial Funding for IGC to Develop ToteMaster, a Proprietary Live
Internet/Intranet Video Simulcasting And Wagering System for the Thoroughbred Horseracing Industry



PLYMOUTH MEETING, Pa., Feb. 18 /PRNewswire/ -- Interactive Gaming &
Communications, Corp. (IGC) (OTC Bulletin Board: SBET) today announced that it
will receive $2,500,000.00 in initial funding from Century Industries, Inc.
(PHLX: CII.B) (OTC Bulletin Board: CNTI) for GambleNet Technologies Ltd.
(GTL), a Joint Effort project between the two companies. The funds will be
used to complete the software development of IGC's LiveAction Gaming Platform
with the addition of "ToteMaster," an Internet/Intranet Live video and
wagering system for Thoroughbred Horseracing.
Century and IGC will operate their joint effort, GambleNet Technologies
Ltd. (GTL), from the headquarters of Intersphere Communications, Ltd. -- a
subsidiary of IGC in Plymouth Meeting, Pa., where both programming and
marketing staff is already in place. Both companies plan to exchange shares
of their respective stocks with GTL as a basis of capitalizing GTL. The
Memorandum is focused on both Century and IGC jointly owning GTL, which will
be the exclusive Marketing and Promotion arm of the two companies for the
finished software products "ToteMaster" and "StockSleuth."
"ToteMaster" when completed will reside and operate on the already
successful LiveAction Casino Gaming platform developed and offered by
Intersphere Communications Ltd. GambleNet Technologies Ltd. will market and
license "ToteMaster" to Thoroughbred Horse Tracks and Off Track betting
facilities throughout the world. "ToteMaster" will replace the existing and
costly to operate simulcasting systems currently in use at these tracks and
will provide users increased wager handles by accepting wagers over the
Internet. Horse Bettors will be able to place multiple bets into
participating tracks wager pulls and then view the race or races in real time
video over their computer.
"ToteMaster" was presented to the (RCI) Racing Commissioners International
and received outstanding reviews and interest for the use of "ToteMaster." As
many tracks today are now receiving permission to include slot machines and
video poker games to increase track revenues, "ToteMaster" becomes even more
desirable. Tracks using "ToteMaster" combined with the LiveAction Casino
software will instantly enable tracks to offer Video Slot Machines and Poker
Card Games at about a third of the cost and operating expense of traditional
casino manufactured games. Revenues are estimated at 3.5% to 5% of the track
handle for using the simulcasting and wagering software. Combined revenues
from the Horseracing industry in North America alone exceeded $17 billion with
the tracks net earnings in excess of $4 billion.
The first Beta release for "ToteMaster" is scheduled for late 1999.
Profits from GTL will be shared on a 50/50 basis between the two companies.
"StockSleuth" is a stock market information search engine, which provides
a comprehensive analysis of any trading security with major institutional
investors' short and long-term prospects and position. In the near future
"StockSleuth" will be offered over the Internet to users with plans to allow
for individual investors to eventually trade stocks and other securities over
the Internet similar to the successful Internet site ETRADE.COM
For further information about IGC see their website at igccorp.com.
The statements in this press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Exchange Act of 1934 and are subject to the safe harbor
created by these sections. Actual results may differ materially from IGC's
expectations.

SOURCE Interactive Gaming & Communications Corp.
Web Site: igccorp.com



To: MoneyMade who wrote (6668)2/18/1999 10:14:00 AM
From: bob  Read Replies (1) | Respond to of 15987
 
Great news on eDig!!!!!!

February 18, 1999 09:45

e.Digital Corp. Announces Second-Generation Music Player for
Lucent Technologies; Portable Prototype Aimed at Rapidly Growing
Online Music Market

SAN DIEGO--(BUSINESS WIRE)--Feb. 18, 1999--e.Digital Corp. (OTC:EDIG) announced today that it has been commissioned by Lucent Technologies (NYSE:LU) to build a second-generation prototype solid-state, CD-quality music player.

The small, portable player will use Lucent's PAC audio decoder and e.Digital's MicroOS(TM) Audio file management system.

Lucent recently demonstrated e.Digital's first-generation prototype to select music industry executives at the Midem International Music Market trade show held in Cannes, France.(See Lucent's press release
dated 1/11/99). The combination of Lucent's PAC and e.Digital's patented MicroOS Audio file management system will allow Internet users to listen to streaming music at the highest possible quality
levels.

e.Digital Corp. offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PC's and the Internet. Engineering services range from the licensing of
e.Digital's patented MicroOS(TM) file management system to custom product development and manufacturing services. For more information on the company visit edig.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to technology and product development that may impact on
future results and the future viability of the company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors such as future products and results, technological shifts, potential technical difficulties that could delay new products, competition, pricing pressures and the uncertainty of market acceptance of new products by distributors and end-user customers.

CONTACT: e.Digital Corp.
Robert Putnam, 619/679-1504




To: MoneyMade who wrote (6668)2/18/1999 10:33:00 AM
From: myturn  Respond to of 15987
 
SCMI, is going higher boys and girls!

To: broke2 (256 )
From: Gennaro
Thursday, Feb 18 1999 10:17AM ET
Reply # of 258

I just spoke to Ed, PR explaining the reverse merger will be out Monday, also more details will be issued about
hitsgalore, revenue, profits, etc. Ed confirmed with me that for every 1000 shares of SCMI, you will get 168
shares of HITS, YOU WILL RETAIN ALL YOUR SCMI SHARES, that is to say 1000 shares. There will be a
name change, the new company will be called International Healtcare or something like that...and the shares
will transfer directly over 1:1, so you will have 1000 shares in this new company, which includes all healthcare
related services....There will also be the other spin off telecom company that will also produce a dividend. All I
can say after discussing this with Ed is BUY BUY BUY, or you will be sorry, this is like taking candy from a
baby IMO.

Cheers Gennaro