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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Bidder who wrote (12287)	2/22/1999 11:18:00 AM
From: Joe Copia	Respond to of 25711

RIHI news update: Saturday February 20, 7:29 am Eastern Time Company Press Release Ranes International Holdings Inc. Announces WorldNet Casinos Signs Strategic Support Contract with Central American Telco WorldNet Casinos Now has the Fastest Gaming Bandwidth in the World LAS VEGAS--(BUSINESS WIRE)--Feb. 20, 1999-- Ranes International Holdings Inc. (OTC BB:RIHI - news) soon to merge with WorldNet Casinos (WNC) and trade under a new symbol, announces WorldNet Casinos signed a long term support contract for Internet communications services from Central American Telco (CaTelco). This contract with CaTelco provides the fastest gaming bandwidth in the world. Internet communications technology provider Central American Telco, is a WorldNet Fiber Company worldnetfiber.com. WorldNet Fiber is the largest privately held Internet Provisional Company in the world, in terms of bandwidth capacity. It operates a bi-directional teleport ''satellite farm'' in Davie, Fla., serving: -- Internet -- Data -- Internet telephony -- Frame relay -- Traditional telephone -- Video In addition to low costs, this exclusive strategic partnership provides WorldNet Casinos a sustainable strategic advantage over competition, in areas such as: -- WNC will operate on Four T-3 lines (180megs of data per second) -- WNC can host up to 2.5 million simultaneous Internet customers -- Leveraging this powerful speed, WNC will provide the first ''real-time'' casino software in the industry -- Players will no longer have to download software, and they will enjoy the fastest playing speed in the industry -- Both connectivity (50% of internet players get unwanted disconnections) and reliability (Quality data transmission)is superior to competition WNC's competitors within the growing Internet gaming market include Cryptologic Inc. (TSE:CRY - news), Starnet Communications International Inc. (OTC BB:SNMM - news), GIC Global Intertainment Corp. (OTC BB:GGNC - news), GLC Limited (Nasdaq:GLCCF - news), Atlantic International Entertainment Ltd. (OTC BB:AIEE - news), Cybergames Inc. (OTC BB:CYGA - news) and Global Games Corp. (OTC BB:GLOW - news). WorldNet Casinos.com, pioneer of Casino Games and services for the Internet, is the leader in developing Casino games that are easy to access, exciting to play and safe and secure to use. For additional information please visit our web site worldnetcasinos.com , e-mail press@worldnetcasinos.com or call John Kirk, investor relations at 877/899-9950. Note to Editors: Certain statements herein that are not historical are forward looking statements which involve risk and uncertainties. Investors who seek more information about the company's business and relative risk factors may wish to review the company's periodic reports filed with the SEC including, but not limited to, its most recent Annual Report on Form 10-K/SB and Quarterly Report on Form 10-QSB. Contact: Ranes International Holdings Inc. John Kirk, 877/899-9950