Creative Gaming Announces Strategic Alliance with IVI Communications.Business Editors EDISON, N.J.--(BUSINESS WIRE)--April 30, 2004 Creative Gaming Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). symbol: CLPI CLPI Charity Lobbying in the Public Interest ) today announced that it has entered into a strategic alliance with IVI IVI Intelligent Vehicle Initiative IVI International Vaccine Institute IVI Interchangeable Virtual Instrument IVI Intravenous Infusion IVI Interactive Video Instruction IVI Intra Venous Injection IVI Institute for Vision Improvement IVI Interactive Video Initiative Communications, Inc. ("IVI"). IVI is a Los Angeles based ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. management company that is currently developing one of the first nationwide high speed Wireless Broadband Networks. IVI currently has signed letters of intent to launch its service in the states of Oklahoma and Indiana. This alliance will allow IVI to focus on marketing, sales, and customer service while CLPI provides its technical expertise to design, deploy, and provision the fixed wireless network. "In addition, CLPI will play a critical role in negotiating reduced bandwidth costs to produce a more favorable profit margin.," said Charlie Roodenburg, COO of IVI. Frank Rovito, CLPI's President and 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, "A tremendous opportunity exists to offer high speed Internet access where it is currently unavailable or cost prohibitive, now that the wireless industry and Intel have embraced the 802.11g standard. Mr. Rovito explained that fixed wireless supports data rates up to 54 Mbps; many times faster than DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , Cable, or Satellite." Nyhl Henson, President and CEO of IVI said, "Now that CLPI is on board, the team is in place to implement IVI's strategy to acquire dialup customers, deploy fixed wireless broadband, and facilitate the inevitable migration which will take place as broadband content proliferates." CLPI's growth plan includes building a portfolio of interests in private firms with the potential to be spun-off or fully developed under the CLPI umbrella, either of which could significantly enhance long-term value for CLPI shareholders. 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. This release includes forward-looking Statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. |
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