Betting Inc. Introducing PERFECT Industry to Uganda for Mass-Market U.S.-to-Uganda Electronic Commerce.LOS ANGELES--(BUSINESS WIRE)--Aug. 4, 1998--Richard Williams, the honorary consul general consul general n. pl. consuls general Abbr. CG A consul of the highest rank serving at a principal location and usually responsible for other consular offices within a country. of the Republic of Uganda to California, has announced that Betting Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BETT BETT British Education and Training Technology (UK exhibition) BETT Best Estimate Trajectory Tape ) will bring to Uganda the Pay Master, which, along with the ET&T bank host processing center, will start up the applications of PERFECT (personal encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science remote financial electronic card transactions) wagering wa·ger n. 1. a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettled matter. b. A matter bet on; a gamble. 2. and PERFECT shopping transactions. "We will assemble the Pay Master in Uganda, and look forward to our people being able to effect Uganda-to-the-United States mass- market electronic commerce thanks to the introduction of the PERFECT industry in our country and carrying the PERFECT industry into other sub-Saharan African countries," stated Williams. Particular emphasis will be put on wireless PERFECT transactions and the taxation of the merchant revenues generated from PERFECT purchases and PERFECT wagering winnings. "We are strong believers that the PERFECT industry will be global within 18 months. Uganda is the first country to understand that," stated Tom Hughes, chairman and chief executive officer of Betting Inc. and ET&T. "With the ET&T bank host in Uganda talking with the USA bank host, mass -market same-day payment transactions between Ugandan and 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. citizens is now possible. Combine that with the new technology of bonding two home telephone lines into providing seamless video images, which we now have access to, and you have the true beginnings of a global village."
CONTACT: ET&T
310/377-2803
www.hpos.com
or
Richard Williams, 310/967-2162
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