Global Entertainment Strengthens Management Team With Addition of Sales Director; Orcutt Brings History of Sales Success.Business & Entertainment Editors/High-Tech Writers MIAMI--(BUSINESS WIRE)--June 13, 2002 Global Entertainment Holdings/Equities, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GAMM GAMM Generalized Air Mobility Model GAMM Gimbal Angle Matching Monitor GAMM German Association for Mathematics and Mechanics ) (http://www.globalentertainmentinc.com), a holding company whose subsidiaries provide software to the online gaming sector, today announced the appointment of Mr. Richard Orcutt as the Sales Director of subsidiary Interactive Gaming & Wagering (IGW IGW Increased Gross Weight (Boeing) IGW Investment Grade Wine IGW Integrated Gateway IGW Integral Gateway IGW Inter-Galactic War IGW If God's Willing IGW International Gateway IGW Internet Gateway IGW Industrial Security Gateway ). Mr. Orcutt has over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of sales experience to corporate America Fortune 1000 companies in the areas of financial services, manufacturing and supply chain management enterprise software. In his career thus far, he has closed over $2.5 billion in sales. "Richard is a welcome addition to our team," stated Bryan Abboud, 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. . "Sales Director is a new position at IGW. Over the past year, our marketing efforts have raised awareness of our company's products and resulted in exciting sales opportunities. We are now in position to bring those opportunities to a close." Software sales experience began in 1983 with Professional Computer Corporation, and extends to Mr. Orcutt's most recent position with ProcureNet/ePlus Systems where he was a regional Vice President of Sales. In addition, he has substantial experience in e-Business strategy for back office solutions across multiple locations. Notes to Editors: Global Entertainment Holdings/Equities, Inc. (OTCBB:GAMM) is a leading publicly traded holding company that provides business development support and administrative assistance for technology-driven subsidiaries that license, develop and host Internet software applications and operate web publishing sites in the online gaming sector. 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. Statement Some statements in this release are forward-looking and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws, and the demand for the company's goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements. http://www.globalentertainmentinc.com http://www.interactive-gaming.com http://www.thesportsdaily.com http://www.netbet.org http://www.wheretobet.com |
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