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To: Dave Gore who wrote (154)5/11/1999 1:14:00 PM
From: Jeffrey L. Henken  Respond to of 483
 
Casinopirata.com Enters Into Negotiations With Starnet Communications

PORTLAND, Ore.--(BUSINESS WIRE)--May 11,1999--Casinopirata.com Inc. (OTC BB:CSIN ) is pleased to announce that it has entered into negotiations with Starnet Communications (OTC BB:SNMM) to acquire another online casino.

Casinopirata.com, a theme-based Casino and Sportsbook, is now offering Vegas-style casino games such as blackjack, roulette, pai-gow and craps along with wagering on professional sporting events such as the NFL, NBA, NHL, and Major League Baseball. The Company's web site is located at casinopirata.com.

''This acquisition is inline with our business plan objectives. Casinopirata.com intends to grow by opening additional online casinos and acquiring proprietary online gaming technology. We feel that we will easily be able to deliver our earnings forcasts of $1.50 per share in net income with in the first year of operations,'' stated Paul Stringer, President.

Casinopirata's competitors within the Internet gaming market include Anchor Gaming Inc. (Nasdaq:SLOT - news), Trans World Gaming Group (OTC BB:IBET), Argosy Gaming Co. (NYSE:AGY - news), International Game Technology Inc. (NYSE:IGT - news) Cryptologic Inc. (TSE:), GLC Limited (Nasdaq:GLCCF - news), Atlantic International Entertainment Ltd. (OTC BB:AIEE), Cybergames Inc. (OTC BB:CYGA), IGN Internet Global Network Inc. (VSE:IGN, OTC BB:IGINIF) and Global Games Corp. (OTC BB:GLOW).

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 snmm.com.

Safe Harbor for Forward-Looking Statements:

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings.

Contact:

Worldvision Financial Group, Casselberry, Fla.
Orville Baldridge, 888/345-6060
Email: relations@wvfg.com
Website: www.wvfg.com

biz.yahoo.com

A big gainer today on the InvestRight Index. You know I love that! I'm sure our friend Francois does as well.

Regards, Jeff



To: Dave Gore who wrote (154)5/11/1999 1:43:00 PM
From: gizmo&jack  Read Replies (1) | Respond to of 483
 
MM's are really holding this down. Good for me, I wasn't in it yet. But it looks really about to blow. Another good call Dave.