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To: Francois Goelo who wrote (1583)4/22/1999 2:10:00 PM
From: Jeffrey L. Henken  Respond to of 2662
 
Atlantic International Entertainment, Ltd. Is Pleased To Announce The Sale Of Multiple Casinos To ImperiaMedia, Ltd.

The Sale Is Valued At Over Three Million Dollars For The Term Of The Contract

BOCA RATON, Fla., April 22 /PRNewswire/ -- Atlantic International Entertainment, Ltd., AIE (OTC Bulletin Board: AIEE - news) is pleased to announce the sale of multiple casinos to ImperiaMedia. The first casino will go live next week and is called Goldmine Casino. A second casino, Casino Nederlands, will be installed and running within two weeks. Both of these casinos will be located in the Caribbean Basin. This agreement calls for upfront cash of $300,000 and a reoccurring revenue stream, beginning after installation.

Atlantic's President & CEO, Richard A. Iamunno stated that, ''We are pleased to announce this exciting agreement with ImperiaMedia, Ltd. They are experienced players in the Internet marketplace and have consistent experience in attracting new players. We feel this is only the beginning of our relationship and look to expand into additional areas, such as our network gaming products.''

Oliver Vermeulen, Managing Director of ImperiaMedia, Ltd. stated that, ''We are pleased with our alliance with Atlantic International Entertainment, Ltd. It is a perfect match to our Internet gaming hosting & licensing services. We feel that the AIE software is the superior product in the market place.''

Atlantic International Entertainment, Ltd. develops and markets Internet and private network transaction based products, including global turn-key Internet Casino Extension(TM) (ICE)(TM), for licensed casinos; webSports(TM), an Internet sports wagering system; Lotto Magic(TM) a lottery system for private, government and fund raising purposes; and Bingo Blast(TM) for charity and private organization use.

This press release contains potential forward-looking statements regarding the Company. The future performance of the Company involves risks and uncertainties that could cause actual results to differ materially. Such risks include competition and pricing pressures, dependence on telecommunications carriers, management of growth, customer turnover, technological change, governmental regulation, unauthorized use of technology, system failures and a variety of stock market-related risks. For a more complete description of certain such risks and uncertainties, we refer you to the documents that the Company files from time to time with the Securities and Exchange Commission, including 10K filed May 26, 1998 and form 10Q filed
November 16,1998.

For Investor Relations please contact:
Ira W. Miller or Larry Fortune
I.W. Miller Group, Inc.
(949) 833-9001

biz.yahoo.com

Similar play to CSIN Francois. I picked up 2000 shares at 2 3/8's a while ago. Sounds like more news next week. This one could be fun!

Regards, Jeff



To: Francois Goelo who wrote (1583)4/22/1999 4:42:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2662
 
Well Francois as usual your pick outdid mine. However, I picked up another 1000 shares of FAXX today at 7 9/16's. The other day when I looked at a long term chart I felt support would be at the $6 level. I was wrong. The stock has found strong support at around 7 1/4. I believe it will be much higher in the next 30 days.

Congratulations on finding yourself another winning stock pick in CSIN Francois.

Regards, Jeff



To: Francois Goelo who wrote (1583)4/25/1999 11:46:00 AM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2662
 
Francois I want to add FTRI to the InvestRight Index if it touches on 7 1/2 again. On Friday the stock closed at 8 so it's very close. I know what you are going to say. What difference does a half a point make if a stock has real potential to move higher?

It doesn't make much difference at all. Unfortunately I'm a cheap bastard so 7 1/2 or perhaps 7 5/8's is my entry point.

Thanks, Jeff