To: Major Leakage who wrote (3411 ) 5/12/1999 12:57:00 PM From: IKE Respond to of 6180
Here's something interesting! Wednesday May 12, 12:16 pm Eastern Time Company Press Release SOURCE: GalaxiWorld Limited; GLC Limited GalaxiWorld brings Internet gambling to the home through Web TV World's Premiere Internet Casino Becomes the First with Web TV Compatibility; Gains Access to 700,000 New Users GIBRALTAR, May 12 /CNW-PRN/ - GalaxiWorld Limited, a wholly-owned subsidiary of GLC Limited (NASDAQ: GLXW - news), announced today that the Company's Internet casino, GalaxiWorld (www.galaxiworld.com), is the first Internet casino to be custom developed for Web TV using Java. While all other Internet casinos utilize software downloads for their games, this is impossible with Web TV. GalaxiWorld uses Java technology to make getting onto gambling on the site quick and easy for ordinary Internet users, but GalaxiWorld software designers were faced with a challenge for Web TV, as it is incompatible with Java. GalaxiWorld again proved its technological expertise, replicating the look and feel of real GalaxiWorld games specifically designed for Web TV users. The initial rollout of games for Web TV will include ten GalaxiWorld games; five slots and five video poker games. They will initially be part of the GalaxiWorld Play 4 Fun site at galaxiworldusa.com. Following final testing on this site, the games are expected to go live for gambling action in June of this year on galaxiworld.com. Eventually, all of GalaxiWorld's thirty five games will be available to Web TV users. ''We're extraordinarily proud of our achievements over the past few months,'' says Larry Weltman, CFO and Executive Vice President of GLC Limited. ''Since we've gone live in December we've experienced tremendous growth, and our recent co-brand deal with Playboy along with our access to Web TV viewers, who would not normally be able to visit an online casino, will only stimulate more growth.'' GalaxiWorld continues to be a pioneer in the field of Internet gambling. Recently, they launched with Playboy a co-branded ''Play 4 Fun'' Internet casino, and the site's current roster of 35 games is unrivaled in cyberspace. The addition of Web TV compatibility only serves to strengthen the Company's claim of being the premiere casino on the Internet. About GLC Limited and GalaxiWorld GLC Limited (NASDAQ: GLXW - news) is an Internet company that owns and operates the galaxiworld.com Internet casino, a real money gambling and e-commerce website, as well as the GalaxiWorld ''Play 4 Fun'' website at www.galaxiworldusa.com which allows players to play all of the same casino games, with the same odds without risking any money. GLC plans to generate advertising and sponsorship revenue from the GalaxiWorld ''Play 4 Fun'' site. This press release includes forward-looking statements about the Company that are based on management's current expectations. Actual results may differ materially as a result of any one or more of the risks identified in the Company's filings under the Securities and Exchange Act of 1934. SOURCE: GalaxiWorld Limited; GLC Limited ------------------------------------------------------------------------ More Quotes and News:GLC Ltd (Nasdaq:GLXW - news)Related News Categories: computers, gambling, internet