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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (6020)	6/2/1999 11:43:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 9440

BING News ... Bingo & Gaming Entering Pennsylvania -- Exclusive Distribution Deal Signed with Phone Card Unlimited AUSTIN, Texas--(BUSINESS WIRE)--June 2, 1999--Bingo and Gaming International Inc. (OTC BB:BING), an Austin-based distributor of prepaid phone cards and machines that distribute its prepaid phone cards, announced today that it has signed an exclusive distribution contract with Phone Cards Unlimited Inc. for the placement and operation of its Lucky Strike pre-paid phone card machines in the state of Pennsylvania. Bingo & Gaming states that the agreement will lead to the sale of 35 new machines immediately. ''Pennsylvania should be a great market for our machines,'' says Bingo & Gaming International CEO Reid Funderburk. ''Phone Cards Unlimited is positioned properly to provide Bingo & Gaming International a smooth entry into the state and placement in prime locations. These additional sales, along with those that should accompany our entry into the North Dakota market as well as our expansion into California, should increase the company's projected overall revenues by $5.l million or approximately 140 percent over last year.'' The contract, which took nearly nine months to negotiate, provides minimum purchase requirements that are expected to increase the total number of machines sold by the company in 1999 by 100 percent. This contract represents a 67% increase in the number of machines sold over last year. ''We are pleased to have completed our Distribution Agreement for the Lucky Strike prepaid phone card dispenser in Pennsylvania,'' states John Smolic, president of Phone Cards Unlimited. ''After carefully comparing other similar dispensers, we chose the Lucky Strike Dispensers handled by PrePaid Plus Inc. The quality of the product, the accountability features offered by the machine, and the knowledge and thoroughness of the PrePaid Plus sales and technical staff really were the deciding factors in my decision to represent their product. Several machines are already on location and more are scheduled to arrive this week. We look forward to a long and profitable business relationship.'' PrePaid Plus Inc. is a wholly owned subsidiary of Bingo & Gaming International Inc. Bingo & Gaming International sells, rents, operates and services Lucky Strike machines. The prepaid phone card vending machines employ a novel marketing concept which permits consumers to enter a free promotional sweepstakes offering cash prizes from $1 to $1,000 with every phone card purchase. The company also operates as a lessor of charity bingo facilities. The company's growth strategy includes selectively broadening the geographic scope of its operations by entering new markets. Pending legislation and distribution contracts may enable Bingo & Gaming International to sell its machines in several more states this year than it has done in the past. The company already has its machines placed in Texas, Oklahoma, Arizona, Connecticut, Idaho, North Dakota and Illinois. Most of its machines are located in charitable bingo halls and Indian bingo facilities, but some are located in bars and bowling alleys. For more information, contact David Drake of Merger Communications at 713/267-2328 or daviddrake@earthlink.net. The statements made by Bingo & Gaming International (BGI) may be forward looking in nature. Actual results may differ materially from these projected statements. BGI believes that its primary risk factors include, but are not limited to: the need for substantial financial requirements; the need to develop effective internal processes and systems; changes in the overall economy; changes in technology; the number and size of competitors and the mix of product and services offered in its markets; and changes in the law and regulatory policy. Merger Communications (Merger) is a media relations firm employed by BGI. The statements and opinions presented here represent the views of BGI, not Merger, as the release is based on the information provided by BGI. Merger and BGI believe that all information herein has been obtained from sources considered reliable, but can not guarantee that the statements presented herein are accurate or complete. Merger's compensation for its media relations services, including preparation of press releases, consists of a monthly retainer and stock. Merger may have a long position in the securities of the companies in which it distributes information to the media, and Merger may be buying or selling securities in the course of its regular business. -------------------------------------------------------------------------------- Contact: Merger Communications, Houston David Drake, 713/267-2328 daviddrake@earthlink.net

To: Ga Bard who wrote (6020)	6/2/1999 11:47:00 AM
From: Ga Bard	Respond to of 9440

OBTY News ... Orbit Technologies Awarded Third Contract by Lockheed Martin for Extensive Evaluation of Radioactive Waste Stream CARLSBAD, Calif.--(BUSINESS WIRE)--June 2, 1999--Orbit Technologies, Inc. (OTC BB:OBTY - news) announced today that Lockheed Martin Idaho Technologies Company (LMITCO), a division of Lockheed Martin Corporation (NYSE:LMT - news), awarded Orbit a contract to test its proprietary Polymer Encapsulation Technology (PET) with a surrogate calcine waste processed at the Idaho Nuclear Technology and Engineering Center (INTEC). A Company spokesperson indicated that the LMITCO contract is a follow-on phase as the next step in a building block approach to commercialization of Orbit's unique waste remediation system. This contract is the second awarded to Orbit relating to the calcine waste processed at INTEC. As such, the Company believes the contract indicates LMITCO's intention to proceed, once the current contract is successfully completed, with the encapsulation and disposal of the radioactive calcine waste using Orbit's Polymer Encapsulation Technology. The contract calls for Orbit to formulate a version of its patent pending PET for use in the encapsulation of dry granular high level calcine waste from the Idaho Nuclear Technology and Engineering Center at the Idaho National Engineering and Environmental Laboratory (INEEL). The INTEC calcine waste, which results from nuclear fuel reprocessing, consists of salts and a variety of heavy metal constituents. Under the contract of work, the Company will conduct an expanded laboratory scale evaluation of its PET material for the encapsulation of surrogate calcine waste processed at INTEC. The contract requires Orbit to formulate the final waste form with the highest possible waste loading that will still pass Toxicity Characteristic Leach Procedure (TCLP) testing and provide a solid monolith with between 300 and 500 psi compressive strength. The Company will then evaluate the most favorable mix using a variety of protocols, including Department of Transportation (DOT) oxidizer testing, industry standard corrosiveness testing, and a Drop Test. Lockheed also requested that Orbit provide a test plan to include suggested testing procedures, quality control and safety standards, and a discussion of the analytical techniques to evaluate the encapsulation process and final waste form. Orbit must submit the test plan to INEEL by June 7, 1999. Lockheed Martin Idaho Technologies Company (LMITCO) is a division of the energy and environment sector of Lockheed Martin Corporation, a highly diversified global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. Orbit Technologies, Inc. is an intellectual property holding company whose mission is to identify, develop, and acquire new and innovative technologies and devise commercial applications to be taken to market through licensing or joint venture partners. 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 risk and uncertainties, including, without limitation, increased levels of competition for the Company, new products and technological changes, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. The application of new and revolutionary technologies is frequently subject to industrial acceptance and governmental regulations, and therefore there is no guarantee products will attain market recognition. -------------------------------------------------------------------------------- Contact: Orbit Technologies, Inc. James B. Lahey (760) 918-9168