To: Gator who wrote (2836 ) 4/27/1999 11:42:00 AM From: sanjay sanghani Respond to of 8858
Company Press Release SOURCE: Starnet Communications International Inc. Starnet Retains Nesbitt Burns Securities Inc. WILMINGTON, Del., April 27 /PRNewswire/ -- Starnet Communications International Inc. (OTC Bulletin Board: SNMM - news; ''Starnet'') is pleased to announce that it has retained Nesbitt Burns Securities Inc. of New York to provide financial advisory services. In Nesbitt Burns Securities Inc.'s capacity as Starnet's investment banker, they will be providing services including corporate finance and private placement agency services. Nesbitt Burns Securities Inc. of New York is the US investment banking affiliate of Nesbitt Burns, a subsidiary of the Bank of Montreal. As one of the largest North American cross-border, full-service securities firms serving clients for over eighty years, Nesbitt Burns is a leading North American investment bank with a global distribution network: Americas, Europe and Asia. ''We are very pleased to announce our relationship with Nesbitt Burns Securities Inc., one of the world's leading investment houses,'' commented Mark Dohlen, CEO at Starnet . ''We feel that this strategic relationship will allow us to capitalize on the future opportunities as Starnet pursues its goal of becoming the world's leading provider of Internet gaming technologies.'' Starnet is a fully reporting US (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''. 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: Carey Nelson of Starnet Communications International Inc., 604-608-6034, or fax, 604-684-0391, or ir@starnet.ca; or investors, Jack Rosenberg of M&A West Inc., 650-588-2678 SOURCE: Starnet Communications International Inc.