First GSM Phase 2 + Mobile Phone, England-to- Australia, Pay-Per-Play, Smart-Card-Wagering Transaction Successfully Completed.LONDON--(BUSINESS WIRE)--June 24, 1998--Newcom Technologies Pty Ltd PTY LTD Propriety Limited (company structure in Australia) . (Australia) from the Dorchester Hotel The Dorchester is a leading luxury hotel on Park Lane in Mayfair, London, overlooking Hyde Park. It has a reputation for the rich and famous staying there. The Dorchester Hotel opened on 18 April 1931. It was created by Sir Malcolm McAlpine and Sir Frances Towle. , London, at the MOBILE COMMERCE `98 conference, has successfully sent a pay-per-play, $100 smart-card bet to CentreBet, an Australian International sports book operator. The wagering transaction was authenticated au·then·ti·cate tr.v. au·then·ti·cat·ed, au·then·ti·cat·ing, au·then·ti·cates To establish the authenticity of; prove genuine: a specialist who authenticated the antique samovar. by ET&T. ET&T received this transaction from Newcom's Funge Proprietary Platform for GSM Phase 2 + mobile phones and passed on the completed transaction to Betting Inc. (OTC/BB:BETT BETT British Education and Training Technology (UK exhibition) BETT Best Estimate Trajectory Tape ), which then successfully alerted CentreBet that the transaction had occurred. Acknowledgment of this wager was sent back from CentreBet to Betting Inc. and ET&T. ET&T commanded a nearby fax machine to print out the receipt. The implication of this pay-per-play transaction is that gaming operators could be closing down sports accounts and overheads to accept pay-per-play wagering instead. For more information on Betting Inc. and ET&T, contact Carnegie Cooke & Co., Anita Goldberg -- telephone: 800/262-2331, or visit: http://www.hpos.com. For more information on Newcom Technologies, visit http://www.newcom.com.au, or e-mail Blair Baxter at info@newcom.com.au. CONTACT: Carnegie Cooke & Co. Anita Goldberg, 800/262-2331 (investor relations Investor relations The process by which the corporation communicates with its investors. ) |
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