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IMPRESSION DELIVERY CORPORATION EXECUTES LETTER OF INTENT TO ACQUIRE NATIVE AMERICAN GAME PRODUCTIONS, INC.

 MINNEAPOLIS, April 1 /PRNewswire/ -- Impression Delivery Corporation (IDC) announced today that it has executed a letter of intent to acquire the capital stock of Native American Game Productions, Inc. (NAGP), of Sevierville, Tenn.
 NAGP, a gaming entertainment company, holds management and development contracts with the Golden Hills Tribe of the Paugussett Indian Nation of Colechester and Bridgeport, Conn., as well as the Eastern Band of the Cherokee Indian Tribe of Cherokee, N.C. The agreement contemplates that NAGP will manage the construction and operations of a gaming and entertainment resort complex for the Golden Hills Tribe of the Paugussett Indian Nation in and around Bridgeport, on Long Island Sound. Similarly, NAGP would manage construction and operations of such a complex in Cherokee.
 Additionally, NAGP has licensed its MATRIX(TM), a nationally televised bingo game, to the Eastern Band of the Cherokee Indian Tribe.
 The acquisition is subject to final due diligence and documentation. According to John Priscella, chief executive officer of IDC, "NAGP's contracts are some of the most desirable in the entire Indian gaming industry. Furthermore, NAGP's people are experienced and superbly talented." Priscella also noted that MATRIX has extraordinary synergism with IDC's television network, currently under development.
 Impression Delivery Corporation, a publicly owned holding company based in Minneapolis, has interests in the food industry, merchandising, communications and advertising, and biotechnology.
 -0- 04/01/93
 /CONTACT: Tom de Petra of de Petra & Associates, Inc., 612-338-7630 or 800-969-7630, for Impression Delivery Corporation/


CO: Impression Delivery Corporation; Native American Game Productions,
 Inc. ST: Tennessee, Minnesota IN: SU: TNM


AL -- MN005 -- 2107 04/01/93 14:30 EST
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Publication:PR Newswire
Date:Apr 1, 1993
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