Applied Gaming Solutions of Inc. - Canadian Senator To Join Board Of Proposed Merged Company.

Business Editors

CALGARY, Alberta--(BUSINESS WIRE)--Feb. 28, 2001

Applied Gaming Solutions of Canada Inc. (CDNX:AGC.) is pleased to announce that Senator James Kelleher has agreed in principle to join the board of directors of Emerging Market Solutions, the company to be formed from the proposed merger of AGC and CCA Companies Inc. (CCA) (OTCBB:RIPE).

Senator Kelleher has served on AGC's board of directors since 1996. A former Canadian Cabinet Minister, he held several portfolios including Minister for International Trade, where he prepared, introduced and launched the negotiations for the Canada-U.S. Free Trade Agreement. Senator Kelleher subsequently served as Solicitor General of Canada where he was responsible for the Royal Canadian Mounted Police, the Canadian Security Intelligence Service, the Correction Services of Canada and the National Parole Board. In 1990 he was appointed to the Senate of Canada where he serves as a member of the Energy Committee and Banking, Trade and Commerce Committee. Senator Kelleher also serves as the Vice Chair of the Canada-China Business Council.

Joining Senator Kelleher on the Board of the proposed new company will be David Aftergood, the current President & CEO of AGC, Dallas Dempster, President & CEO of CCA, and CCA Vice Chair James Stanton, the former Congressman from Ohio.

Mr. Stanton has been a director of CCA since its inception and Vice Chairman of the Company since 1998. From 1971 to 1978, Mr. Stanton represented the 20th Congressional District of Ohio in the United States House of Representatives. While in Congress Mr. Stanton served on the Select Committee on Intelligence, the Government Operations Committee, and the Public Works and Transportation Committee. Mr. Stanton is also former Executive Vice President of Delaware North, a privately held international company which became the leading pari-mutuel wagering company in the United States. Delaware North also owned the Boston Gardens and the Boston Bruins hockey team. From 1985 to 1994 Mr. Stanton was a principal and co-founder of Western Entertainment Corporation, which developed one of the first native American gaming operations in the United States.

On February 15, 2001 AGC announced that it had co-signed a Letter of Intent with CCA contemplating a merger of the two companies. Pursuant to the terms of the letter of intent, it is proposed that CCA will acquire all the issued and outstanding shares of AGC. The letter of intent also contemplates that, prior to the merger, CCA will consolidate all of its common shares on the basis of one new share for each twenty common shares currently outstanding. Furthermore the letter of intent contemplates AGC shareholders receiving approximately $1.35 CDN of CCA post-consolidated common shares for each share of AGC.

Further information regarding the proposed merger between AGC and CCA can be viewed at the following link: http://www.ags.ca/01-02-15%20letter%20of%20intent.html

In an unrelated matter, subject to regulatory approval, the Corporation has applied for the extension of 266,667 warrants that were issued as a part of a private placement that closed on April 11, 2000. The corporation has requested the warrants, which are exercisable at $ 0.65 until April 11, 2001 be extended until April 11, 2002.

Applied Gaming Solutions of Canada Inc. is a global leader in the outsource management of online lotteries, e-gaming solutions and related professional services for delivery to a growing audience of international governments. Today, AGC leads the technical and marketing support activities for the on-line lottery system run by the Construction Lottery of the Capital-Hanoi in Vietnam.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could cause actual results, performance or achievements of the Company, or industry results to differ materially from those reflected in the forward-looking statements. Forward-looking statements are based on the current expectations, projections and opinions of the Company's management, and the Company undertakes no obligation to publicly release the results of any revisions to such forward-looking statements which may be made, for example to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SEC 12g exemption: 82-4832