Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (58365)	2/25/1999 9:38:00 AM
From: bob	Read Replies (1) \| Respond to of 119973

Just out. Company Press Release On-Point Technology Systems Inc. Announces Award of Exclusive ITVM Contract With the French Lottery SAN MARCOS, Calif.--(BUSINESS WIRE)--Feb. 25, 1999--On-Point Technology Systems Inc. (''On-Point'') (Nasdaq/NMS Symbol:ONPT - news) today announced the award of an exclusive contract with La Francaise des Jeux (the ''French Lottery'') for the supply of instant ticket vending machines (ITVMs) for the entire country of France. The French Lottery is the largest instant ticket lottery in the world, with annual sales in excess of $3 billion. The contract was awarded to On-Point and its European distributor, Editec, after an extensive six month field test was performed to evaluate On-Point's ITVMs. The test results showed that the addition of On-Point ITVMs had a positive impact to instant ticket sales, to retailer performance, and to player satisfaction. During the test, it was noted that one of the ITVMs located at a shopping mall in Paris sold over $12,000 in one week, establishing a weekly world record in ITVM sales. Overall, On-Point's ITVMs proved to be the most flexible at dispensing all of the French Lottery's available tickets. Under the contract, On-Point has the exclusive right to provide up to 2,500 ITVMs to the French Lottery over the next three years. The first 500 ITVMs will begin to be manufactured and installed in April and May 1999. This will be the first significant implementation of ITVMs in Europe. Frederick Sandvick, the chairman and chief executive officer of On-Point, commented, ''We are extremely pleased that La Francaise des Jeux selected On-Point's ITVMs over all the other competitive ITVM manufacturers. It is especially pleasing to be selected by La Francaise des Jeux because they performed the longest and most extensive test of any lottery before making a determination. On-Point's ITVMs are designed to maximize revenues for lotteries by allowing almost any type and size of instant ticket to be dispensed while also providing the players with an interactive vending experience in an efficient, reliable manner. La Francaise des Jeux will receive the benefits of these ITVMs and we look forward to working closely with La Francaise des Jeux in achieving their goals. ''We are also pleased to note that the award of the contract from La Francaise des Jeux marks the third lottery contract awarded to On-Point in the last five months for the supply of ITVMs. The aggregate value of the three contract awards during that period is estimated at approximately $27 million.'' On-Point provides effective technologies for transaction automation. On-Point designs, sells, leases and services high-security vending machines both domestically and internationally and is a premier supplier of automated, self-service lottery ticket vending machines and prepaid phone card vending machines. Any forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, continued acceptance of the company's products and services in the marketplace, competitive factors, new products and technological changes, dependence upon third-party vendors, a limited number of customers, political and other uncertainties related to customer purchases, and other risks detailed in the company's periodic filings with the Securities and Exchange Commission. -------------------------------------------------------------------------------- Contact: On-Point Technology Systems Ken Hoitt, 760/510-4900

To: Joe Copia who wrote (58365)	2/25/1999 9:39:00 AM
From: CJacks	Read Replies (1) \| Respond to of 119973

More big news on PAYV! Payforview.com biz.yahoo.com Thursday February 25, 9:09 am Eastern Time Company Press Release Payforview.com Negotiates Internet Broadcast License for Reel Media File Library RENO, Nevada--(BUSINESS WIRE)--Feb. 25, 1999--Payforview.com (OTC BB:PAYV - news; ''Payforview'') is pleased to announce a signed contract with REEL MEDIA INTERNATIONAL (''Reel Media'') to provide to Payforview, the exclusive Internet broadcast rights to a 750 film library, for a term of no less than 4 years. Under the terms of the contract Reel Media will receive 35,000 restricted shares plus a 3% royalty on revenues. Reel Media, based in Dallas Texas, currently has 350 color films and 400 Classic black and white titles in it's extensive catalog. The library collection includes films starring: Elizabeth Taylor, John Travolta, Ingrid Bergman, Roger Moore, John Wayne and Lana Turner, as well as hundreds of other stars. Payforview's VP of Licensing and Entertainment Acquisitions Warren Wayne says, ''In order for Payforview.com to maintain it's competitive edge, the company must focus on sourcing out and licensing quality motion picture and music content. The REEL MEDIA library offers to us a quality of content that will enhance the entertainment experience for all our viewers, along with a quality image they have come to expect.'' REEL MEDIA INTERNATIONAL President Tom Moore says, ''We believe that Payforview.com will be at the forefront in the delivery of movies and other types of programming over the Internet. We feel as if we have jumped aboard a space shuttle just as it is taking off to build a giant Internet Superstation. It's future looks great.'' Payforview.com is an Internet based Entertainment Company which will distribute movies, music, sports and live events direct to viewers on a pay-for-view and retail basis. The Company is in the process of acquiring content and creating programming and broadcasting specifically for the Internet. The Company's music division, STREET SOLID RECORDS currently has 9 CDs in production and post production. Additionally, Payforview.com intends to negotiate with other content providers and distributors to acquire the Internet broadcast and DVD rights to other video content. ON BEHALF OF THE BOARD OF payforview.com Marc A. Pitcher President For Further Information, Contact: Corporate Communications for payforview.com Toll Free: 1-800-545-7214 Fax 604-688-9519 email: invest@payforview.com or web: payforview.com CERTAIN INFORMATION INCLUDED IN THIS COMMUNICATION (AS WELL AS INFORMATION INCLUDED IN ORAL STATEMENTS OR OTHER WRITTEN STATEMENTS MADE OR TO BE MADE BY Payforview.com) CONTAINS STATEMENTS THAT ARE FORWARD-LOOKING, SUCH AS STATEMENTS RELATING TO THE FUTURE ANTICIPATED DIRECTION OF THE INTERNET INDUSTRY, PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING RESOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS. THESE FORWARD STATEMENTS ARE SUBJECT TO A NUMBER OF KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL OPERATIONS OR RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED. -------------------------------------------------------------------------------- Contact: Payforview.com 1-800/545-7214 invest@payforview.com payforview.com --------------------------------------------------------------------------------