Bingo.com Announces International Game Goes Live.TALLAHASSEE, Fla.--(BUSINESS WIRE)--July 28, 1999-- Bingo.com Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BIGR), the Internet Company which is developing the world's first bingo-based entertainment/lifestyle portal and on-line bingo game, announced today that the Company is now accepting 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. from all permitted jurisdictions. Individuals from jurisdictions where Internet gaming is prohibited pro·hib·it tr.v. pro·hib·it·ed, pro·hib·it·ing, pro·hib·its 1. To forbid by authority: Smoking is prohibited in most theaters. See Synonyms at forbid. 2. will not be able to wager or have access to a live game. Those individuals will not be able to purchase credits on their charge cards and therefore will not be allowed to play. Bingo.com's President, Shane Murphy, commented: "The management team at Bingo.com has worked around the clock to make sure that our commitment of going live before the end July was met. I am very proud of our employees as well as our software engineering team members as they have been successful in launching the international game ahead of schedule". "Our international wagering bingo game is the Company's first revenue generating product in the marketplace. The Company will now be able to turn its creative focus towards the development of its free (non-wagering) Bingo game and the ongoing evolution of its portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. ." As previously announced, an on-line and off-line advertising campaign to promote the international wagering bingo game is scheduled to begin in Europe in August. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are 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. created by these sections. Actual results may differ materially from the Company's expectations and estimates. On behalf of the board of Directors Shane Murphy President and Director |
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