Applied Gaming Solutions Joins Forces With Trinity Capital.CALGARY, ALBERTA--(BUSINESS WIRE)--Dec. 2, 1999-- Applied Gaming Solutions of Canada Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :AGC AGC Automatic Gain Control AGC Automotive Glass Cartridge (fuse) AGC Associated General Contractors AGC Associated General Contractors of America AGC Atypical Glandular Cells AGC Attorney-General's Chambers .) (AGS AGS American Geriatrics Society. ) is pleased to announce that it has executed, an agreement with Trinity Capital Securities Ltd. of Toronto to assist the corporation in its continued expansion in Vietnam and throughout Asia. Trinity Capital was founded in 1982 as a merchant and investment banker to small and mid-market companies. In addition to investing its own capital Trinity has raised in excess of $600 million for over 70 clients. Trinity will explore a variety of financing strategies for AGS's growth program in Vietnam. "AGS is gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to have Trinity Capital, a well respected Toronto merchant banker, join our financial team," stated David Aftergood, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AGS. "Trinity is experienced in long term financing strategies for growth-oriented companies. They have helped finance some of Canada's most successful new companies. They also will increase AGS's visibility within the investment banking and institutional investor communities." "Companies that meet Trinity's criteria for investing invariably in·var·i·a·ble adj. Not changing or subject to change; constant. in·var  i·a·bil bring with them talented individuals with experience and entrepreneurial drive... the core of a successful business. AGS has proven abilities in this area," said Geoff Salmon, Corporate Finance for Trinity Capital. "Trinity's objective is to leverage these management and entrepreneurial skills in order to generate above average returns over the longer term for our investor partners." Located in Toronto Trinity concentrates on financing emerging businesses. We concentrate on doing four to five deals a year and therefore spend significant time in assisting the company in their growth and capitalization plans. Applied Gaming Solutions of Canada Inc. is a leader in providing comprehensive, integrated on-line lottery products around the world. AGS currently provides technical support for the on-line lottery system run by the Construction Lottery of the Capital-Hanoi in Vietnam. AGS is also licensed in the Canadian provinces of Ontario, Alberta and Saskatchewan with several other licenses pending. AGS common shares trade on The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) under the ticker AGC. For further information, please visit our website at: www.ags.ca. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. |
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