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Microcap & Penny Stocks : Go Call (GOCA) -- Ignore unavailable to you. Want to Upgrade?

To: roulette who wrote (86)	3/5/1999 5:37:00 PM
From: Elio Madama	Respond to of 192

**************NEWS JUST COME OUT***************** ==================================================================== (BSNS WIRE) GOCA.COM Signs Letter of Intent to Franchise Turnkey Interne GOCA.COM Signs Letter of Intent to Franchise Turnkey Internet Gaming System to Jackpot Entertainment Magazine Inc. Business Editors and Gaming Writers NEW YORK--(BUSINESS WIRE)--March 5, 1999--Go Call Inc. (www.goca.com), (OTC BB:GOCA) Friday announced that it has signed a Letter of Intent to franchise its turnkey Internet Gaming System to Jackpot Entertainment Magazine Inc. Go Call Inc. will receive a $100,000 franchise fee and an on-going royalty fee on overall wagers and transactions processed by the franchisee. Also, Go Call Inc. is in the process of entering into similar franchise agreements for additional turnkey Internet Gaming Systems with celebrities and other organizations. Jackpot Entertainment Magazine Inc. is a distinguished trade magazine for the casino gaming industry. The magazine is distributed to casino players, employees, executives, and vendors throughout the United States. The new franchisee will be supplied with the latest technology, including state-of-the-art interactive multimedia software, graphics, and animation. There are 17 internationally appealing casino games and reliable technical support 24 hours a day. Go Cash, a wholly owned subsidiary of Go Call Inc., will accept, process and manage all wagers through a sophisticated and secure on-line transaction system, which allows players to use credit cards to pay for their transactions. Players may also deposit funds by bank wire or forward money orders and certified checks. In addition, Go Call Inc.'s E-commerce division which processes transactions for the Go Casino, (www.gocasino.com), has experienced record wagering revenues of $7,124,814 since Sept. 11, 1998, to the end of February 1999. Gaming research analysts predict on-line gaming to become a $25 billion market by the year 2002. Go Call Inc.'s other competitors within the Internet Gaming market include Cryptologic Inc. (TSE:CRY.TO), GLC Limited (Nasdaq:GLCCF), Starnet Communications International Inc. (OTC BB:SNMM) and Anchor Gaming Inc. (Nasdaq:SLOT). Go Call Inc. develops, markets and manages secure, progressive and profitable ventures springing from the Internet Entertainment and E-commerce revolution. The statements in this news release may contain forward-looking statements, which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated or described herein as a result of certain factors and circumstances. --30--LES/la* AJE/la CONTACT: Go Call Inc. Ian Smith, 519/651-2121 iansmith@goca.com www.goca.com KEYWORD: NEW YORK INDUSTRY KEYWORD: ENTERTAINMENT COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *