To: Michaelste who wrote (60875 ) 3/11/1999 10:20:00 AM From: Riley Read Replies (2) | Respond to of 119973
XTON...elottery site up This info from Yahoo news release. Thursday March 11, 9:50 am Eastern Time Company Press Release eLottery.com Corporate Web Site Activated MILFORD, Conn.--(BUSINESS WIRE)--March 11, 1999--eLottery, Inc., currently a wholly owned subsidiary of Executone Information Systems, Inc. (Nasdaq:XTON - news), announced that its initial corporate Web site www.eLottery.com has been activated. The Web site includes detailed information regarding the Company's systems, products, partners and a one minute informational streaming video. The Web site will continue to evolve. Planned additions include demonstrations of eLottery's existing instant scratch off and draw games as well as new games as they are developed. Michael Yacenda, president of eLottery, Inc., commented, ''We believe that electronic lottery tickets are a natural eCommerce product. Technology changes everything and eLottery technology will enable government lotteries to distribute electronic lottery tickets over the Internet. Through an exclusive eLottery intranet, ticket sales can be limited to only personal computers located within predetermined geographic boundaries and through our telephony lottery, systems similar protections are enabled.'' Executone has previously announced that it intends to separate eLottery from its Computer Telephony and Healthcare Communications businesses. eLottery, Inc. will provide a wide array of products and services to the domestic and international lottery markets. The Company has developed and operated systems software that enables the electronic distribution of lottery tickets over the Internet, intranet and via telephony. The Company believes that the electronic distribution of lottery tickets through its systems will increase lottery sales because the systems make it easier to purchase tickets and make use of technology to enhance and enliven the lottery gaming experience while providing the required level of security and control. With its unique ability to offer lottery operators its new Internet and intranet based lottery products worldwide, the Company believes it is well positioned to capitalize on the growth in non-traditional lottery sales. Executone Information Systems, Inc. develops, markets and supports voice and data communications systems. Products and services include telephone systems, voice mail systems, inbound and outbound call center systems, and specialized healthcare communications systems. Executone's products and services are sold under the EXECUTONE, INFOSTAR, IDS, LIFESAVER, and INFOSTAR/ILS brand names. Executone is on the World Wide Web at executone.com .