DataMark Forms Strategic Alliance with CasinoWorld Holdings.SALT LAKE CITY--(BUSINESS WIRE)--Aug. 6, 1997-- DataMark to Provide $750,000 of Satellite Technology and Software Development Services for Use in State-of-the-Art Online Gaming See gaming. Applications DataMark Holding Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DTAM DTAM Digital Tectonic Activity Map DTAM Double Take Application Manager DTAM Document Transfer, Access and Manipulation (CCITT T.433) DTAM Distribution Total Available Market DTAM Descend to and Maintain ) Wednesday announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , WorldNow Online Corp., has entered into a strategic alliance with CasinoWorld Holdings Ltd. to provide engineering and software development services and satellite telecommunications technology for use in online, state-of-the-art gaming applications. The first project in the alliance is an approximately $750,000 contract to provide a satellite system and new gaming software for the casino on the island of St. Kitts Noun 1. St. Kitts - the largest of the islands comprising Saint Christopher-Nevis Saint Kitts, St. Christopher, Saint Christopher Federation of Saint Kitts and Nevis, Saint Christopher-Nevis, Saint Kitts and Nevis, St. Christopher-Nevis, St. in the Eastern Caribbean. "We expect this to be the first of many profitable projects with CasinoWorld in software development and advanced telecommunications technology," said Stanton D. Jones, president of WorldNow. WorldNow will also provide the equipment, including satellite technology and software, to provide links to the Internet. "We have a level of expertise in software development, telecommunications and the Internet that makes us uniquely situated to provide value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. in the gaming industry," Jones said. WorldNow Online (http://www.worldnow.com) is an Internet services company that provides unique and proprietary delivery systems for promotional advertising over the Internet. CONTACT: DataMark Holding Inc., Salt Lake City Mitchell Edwards, 801/268-2202 or CasinoWorld Holdings Ltd. Kendell Lang, 619/350-1500 |
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