Bear Stearns Features GIC Global Intertainment as a Company to Watch in Its Internet Gaming Report.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 18, 2000 (Pink Sheets:GGNC) GIC GIC See: Guaranteed Investment Contract GIC See guaranteed investment contract (GIC). Global Intertainment Corporation, (United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. - OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: GGNC) located and licensed in the Commonwealth of Dominica, W.I., an online developer and provider of gaming software & technologies, broadcasting, and information; and a high technology entertainment and marketing company that markets online sports books, casinos and e-commerce websites, is pleased to announce that it is featured as a company that investors should watch in the e-gaming industry by 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. , in its comprehensive report released January 11, 2000 entitled 'Internet Gaming: E-Gaming - Endangered Species endangered species, any plant or animal species whose ability to survive and reproduce has been jeopardized by human activities. In 1999 the U.S. government, in accordance with the U.S. or Rising Star?' The Bear Stearns report, "Internet Gaming E-Gaming - Endangered Species or Rising Star?", released January 11, 2000, recognized GIC Global Intertainment Corporation as a company with very aggressive marketing and expansion plans. Products featured in this report are GIC's developmental Internet broadcast technology, which allows for the live webcast of greyhound and horse racing, in addition to pro sports and major entertainment events. Also highlighted are the successful and profitable Cyberbetz Casino and Sportsbook (http://www.cyberbetz.com). Honorable mention goes to GIC's Sportzpage site, (http://www.sportzpage.com) which provides breaking sports news and scores in 2 languages, and GIC Racing, (http://www.gicracing.com) which chronicles the results of the Formula Atlantic CART racing series, in which GIC is a proud team sponsor. James Chu, President & 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. stated, "the Company is pleased to be featured in the Bear Stearns report on the E-gaming industry by lead analyst, Jason Ader. This report reinforces our claims that the E-gaming industry is poised for an explosive growth and it is estimated that total wagers could exceed $3.0 billion by 2002." This report can be viewed or downloaded from Bear Stearns' web site at http://www.bearstearns.com This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the 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. provisions of these sections. Actual results may differ materially from the expectations and estimates of GIC Global Intertainment Corporation. |
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