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Non-Tech : venturetech VTEH bullettin board -- Ignore unavailable to you. Want to Upgrade?

To: Stephen I. who wrote (777)	3/24/1999 7:32:00 AM
From: E*Trader	Respond to of 913

*NEWS* to be followed by another *NEWS* Starnet Announces VentureTech Inc. Agreement Business Wire - March 24, 1999 07:16 WILMINGTON, Del.--(BUSINESS WIRE)--March 24, 1999--Starnet Communications International Inc. (Nasdaq OTC BB:SNMM) ("Starnet") is pleased to announce that its wholly owned subsidiary, Softec Systems Caribbean Inc. ("Softec"), has licensed its turn-key Internet gaming technology to EuroAsian E-Casinos Inc. ("E-Casinos"), a wholly owned subsidiary of VentureTech Inc. (OTCBB:VTEH) ("VentureTech"). This license agreement was signed in anticipation of E-Casinos finalizing its proposed strategic alliance with Asian Star Development Inc. (OTCBB:ASTV) ("Asian Star") to offer on-line gaming to jurisdictions located in Asia. Under the technology agreement, Softec will supply a customized, full service Internet gaming system where customers will be able to place wagers for real money on casino-style games of chance and with an international Sportsbook, additional gaming services are anticipated to be added over time. Art Rosenberg, President of E-Casinos commented, "With the technology of the type supplied by Softec, and the reputation and presence of our strategic alliance partner, Asian Star, we are excited about the potential benefits that should accrue to our parent company, VentureTech." Starnet is a fully reporting U.S. (Delaware) corporation which is currently listed on the National Association of Security Dealers ("NASD") Over-The-Counter Bulletin Board and commenced trading in September of 1997 under the symbol "SNMM." Starnet is also listed on the Berlin Stock Exchange ("Berlin") and is publicly traded on Over-The-Counter market under the symbol "SNM." The Financial Times has estimated that the Internet gaming market will yield annual net earnings of US $10.2 billion by the year 2002. The Wall Street Journal has described Starnet as "one of the established leaders in Internet gaming and entertainment." Starnet is an Internet software, technology and service company, which commercializes on-line applications for established markets. For more information, please visit www.snmm.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Starnet's fillings with the Securities & Exchange Commission. CONTACT: Starnet Communications International Inc. Carey Nelson, 604/608-6034 ir@starnet.ca or M&A West Inc. Jack Rosenberg, 650/588-2678 (Investor Relations) www.mawest.com

To: Stephen I. who wrote (777)	3/24/1999 7:45:00 AM
From: E*Trader	Respond to of 913

VTEH NEWS is expected to follow SNMM NEWS by the end of the day with their plan for the web site which is expected to be in the very near future.