[2] Go Call Inc. Positions Itself for Internet Gaming Boom.Business Editors TORONTO--(BUSINESS WIRE)--Feb. 17, 2000 Go Call Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :GOCA (Graphics Object Content Architecture) See MO:DCA. ) (www.goca.com) announced today that the company is positioning itself to benefit from the Internet gaming boom. Recently, Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. &Co. analyst, Jason Ader, stated that online gaming See gaming. is ready to explode. In a report released by Ader, estimated revenues in 1999 totaled $1.2 billion and could exceed $3 billion by the year 2002. In a strategic move to consolidate its operations and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the current growth, as well as to conform with all current and pending legislation surrounding online gaming in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Go Call Inc. has relocated its corporate headquarters to San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. into the offices where it currently houses Go Cash, its e-commerce division; which processes transactions for online gaming companies such as Go Casino.com (www.gocasino.com), ImperialDragonCasino.com (www.imperialdragoncasino.com), BetsOnTheNet.com (www.betsonthenet.com) and CharitiesSportsBook.com (www.charitiessportsbook.com). Over 300 potential clients for Go Cash (online casinos and sportsbooks) are currently operating out of Costa Rica, making it the logical location. Costa Rica's greatly improved infrastructure and connectivity as well as its constitution which best protects the rights of online gaming companies, has made it the hub of the online gaming industry. The offices of Indexus.com Inc. (www.indexus.com), the comparison shopping search engine, which allows Internet businesses to update time-sensitive pricing on a minute-by-minute basis, while it provides shoppers real-time access to updated price-sensitive listings, shall remain in Toronto. Some paragraphs of this news release, particularly those describing Go Call Inc.'s strategies and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange of 1934, as amended. While Go Call Inc. is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of Go Call Inc., its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Go Call Inc.'s results of operation. In light of significant uncertainties inherent in forward looking statements included herein, the inclusion of such information should not be regarded as a representation by Go Call Inc. or any other person that the objectives and plans of Go Call Inc. will be achieved. |
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