Atari Founder Nolan Bushnell Joins WebQuest International, Inc.'s Board Of Directors.MINDEN, Nev.--(BUSINESS WIRE)--Dec. 13, 1999-- WebQuest International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WEBQ), creators of the iPONG Game Arcade (www.ipong.com), announced today that Nolan Bushnell Nolan K. Bushnell (born February 5, 1943) is an American electrical engineer and entrepreneur who founded both Atari and the Chuck E. Cheese's Pizza-Time Theaters chain. is joining the company's Board Of Directors, subject to stockholder approval. Nolan Bushnell is best known as the founder of Pong (games) Pong - A computer game invented in 1972 by Atari's Nolan Bushnell. The game is a minimalist rendering of table tennis. Each of the two players are represented as a white slab, controllable by a knob, which deflects a bouncing ball. (R), Atari Corporation and Chuck E. Cheese Pizza Time Theatre and is considered by some to be the "Father of the Video Game Industry". Bushnell started Atari with an initial investment of $500 and sold the company to Warner Company for $28 million four years later. Bushnell received his B.S. in Electrical Engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. from the University of Utah The University of Utah (also The U or the U of U or the UU), located in Salt Lake City, is the flagship public research university in the state of Utah, and one of 10 institutions that make up the Utah System of Higher Education. where he is a "Distinguished Fellow" and also attended Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. Graduate School. Bushnell frequently lectures on entrepreneurship and innovation at major universities and corporations throughout the United States. "We are thrilled to have Nolan join the company. The game he created has evolved from a 2-dimensional home game to a three-dimensional, universal, online tournament game. Pong is not being played by two people who are in the same room anymore. It's being played by two people who could be anywhere in the world. We believe his participation will lend a great deal of influence and credibility to the concept of fee-based online games. He possesses an understanding of the needs of gamers and will be an important factor in our growth." said Kirk Johnson, 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 WebQuest. "It's flattering to see the renewed interest in Pong after so many years, especially amid all the complex strategy games on the market right now. I'm excited about having an opportunity to participate in its rebirth as an online multiplayer tournament game. I'm also happy to see that the cost of playing a game is still only twenty-five cents." said Nolan Bushnell. The new version of Pong , to be released in early 2000, has an appealing twist. Players can join the iPONG Players Association (IPA IPA - International Phonetic Alphabet ) allowing them the opportunity to compete for large cash purses in tournaments. WebQuest International, Inc. is an Internet development company based in Minden, Nevada. They operate five Internet sites including The iPONG Game Arcade at www.ipong.com, www.freehoroscopes.net www.nancyskitchen.com, www.bannerclicks.com and www.scavengernet.com. In conjunction with the provisions of the new "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " section of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. There are unknown risks and uncertainties that may cause the company's actual future results to vary significantly from any performance suggested in this news release. For example, there can be no assurances made that, by virtue of the addition to the company's Board Of Directors of Mr. Bushnell or otherwise, the company will be successful in operating fee-based tournaments based on the Pong(R) game. For a more expansive discussion of the risks and uncertainties related to the company's business, please review carefully the company's reports filed with the Securities and Exchange Commission, which may be updated from time to time in future filings by the company. |
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