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Microcap & Penny Stocks : GROUP V (GRPV) $.06 ON THE MOVE, BREAKING OUT -- Ignore unavailable to you. Want to Upgrade?

To: Pasha who wrote (123)	4/26/1999 9:56:00 AM
From: Make Money	Read Replies (1) \| Respond to of 238

SAN FRANCISCO--(BUSINESS WIRE)--April 26, 1999--Group V Corporation (OTC BB:GRPV) today reported subsidiary National Pools Corporation's (NPC) strategic implementation of a new E-commerce website, Lottoticket.com. The company unveiled plans to utilize this website exclusively for on-line lottery ticket sales. This move positions the company to take advantage of a direct consumer retail sales channel, when made available by U.S. State lotteries, and acknowledged operational details would be released shortly. The company indicated that the Lottoticket.com URL would be directed to the company's Lottoworld.com website until direct sales are instituted by the various State Lotteries. "This new commerce site is an integral part of NPC's marketing plan and activities which capitalize on Group V's recent strategic alliances, and the Company's significant product sales experience to enhance NPC's market position and Internet presence with the development of this new on-line lottery ticket sales channel. "This new website is part of NPC's vertical integration strategy which targets the $38 billion lottery industry, $10 billion pre-paid phone card market and 50 million Internet users," said Joseph Monterosso, chairman and president of Group V. "On-line lottery ticket sales has been heralded as the direction of the future seeking to provide players not only with exceptional entertainment value, but with the convenience, safety and ease of access not normally associated with traditional means of lottery play. With this integration, NPC is rapidly assuming a dominant role within the industry." The company also reported that NPC's growth plans focus on the expansion of its brand identity and expertise in web retailing, further establishing the company's foothold as a dominant Internet destination for lottery related information, statistics and now direct sales. The company acknowledged that cross-promotional activities with Group V subsidiary, Lottery Publications Corporation (LPC), will include enhanced website service and utility provided in conjunction with LPC's Lottery Insider Magazine. Monterosso also stated, "NPC has consistently delivered leading edge products and services directed at the ever widening universe of lottery players. The HitLoTTo(R) Club Card, now marketed across the U.S., was a pioneering force when introduced by NPC in 1994. Since then, we have refined the delivery method, and continue to gain market acceptance and demand." The company indicated growing dedication of operational resources into Internet marketing activities, warranted in part by Group V's recently announced joint venture with CPNM/Internet Marketing Consortium to promote the HitLoTTo Club Card on a network of 10 leading web retailers. CPNM has indicated that web activity has surpassed their original expectations, with approximately 170 million monthly hits currently delivered to their consortium affiliates. National Pools Corporation (NPC) is a wholly owned subsidiary of Group V Corporation. NPC is the first company to successfully develop and market a pre-paid long distance phone card with an innovative, free method of group lottery play as a value-added incentive to card purchase. This program is marketed under the HitLoTTo Club Card name. Group V Corporation (a publicly traded company OTC: GRPV) is a diversified telecommunications company specializing in some of the world's most profitable market segments including one plus, toll free long distance and pre-paid phone card products. Group V has created a network of complementary companies, many of which offer products and services of their own, many of which market, develop or deliver the products of companies within the Group V family. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. --30--dl/sf* mr/sf CONTACT: Group V Corporation, San Francisco John Steward, 415/575-0222 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.