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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: Professor Dotcomm who wrote (172)	4/9/1999 11:18:00 AM
From: mr. ed	Respond to of 1239

Games Trader to Appoint U.S. Game GURU to Board of Directors BRAMPTON, ONTARIO--Games Trader Inc. announced today that Mr. Donald Kingsborough has agreed to join the Board of Directors of Games Trader Inc. Mr. Donald Kingsborough, a resident of California, is best known for helping to build successful start-up companies, such as Atari, Nintendo of America and Worlds of Wonder and launching new products, such as the Atari 2600, Nintendo 8 bit and 16 bit video game products as well as Worlds of Wonder's Teddy Ruxpin, an animated talking bear which, in 1985, was the world's no. 1 selling toy and the toy gun Lazer Tag. He was instrumental, as CEO and Chairman of DK Marketing, in introducing the Nintendo sales phenomenon to America through an exclusive sales and marketing agreement between DK Marketing and Nintendo Co. Ltd. During that period from 1984 through 1989 U.S. sales for Nintendo rose from zero to over US$2 billion. ''We are very pleased to have attracted the interest of someone of the calibre of Mr. Kingsborough'', commented Mr. Peter Kozicz, Chief Executive Officer of Games Trader Inc. Mr. Kozicz added: ''On successive occasions at Worlds of Wonder Inc., Atari Corporation and at Nintendo of America Inc., he was instrumental in developing sales and marketing strategies which made each company a dominant leader in its field. We shall value his input, advice and experience.'' Mr. Kingsborough is a recipient of Ventures magazine's Entrepreneur of the Year Award and received the Outstanding Contribution Award for the Private Sector from President Ronald Reagan. He has a strong following with key industry analysts in the U.S. and currently operates a consulting company in the United States. One of the corporate initiatives in which the Company is actively engaged is the development of its e-commerce web site and strategy. The Company expects that Mr. Kingsborough's experience and business contacts will assist in negotiating strategic partnerships within this context. The Company expects to provide details of its e- commerce strategy when certain partnership arrangements are finalized. GTR is a leading supplier of value-priced, previously played video games for Nintendo, Sega and Sony video games systems to mass merchant retailers and specialty retailers in the United States and Canada. The shares of Games Trader Inc. are listed on The Toronto Stock Exchange and trade under the ticker symbol GTR. Contact: Games Trader Inc. Louis Nagy Chief Financial Officer (905) 799-4700 (905) 799-4799 lnagy@gamestraderinc.com