[957] in Athena User Interface
LAST PROFILE UP 52% (OTCBB: AGEL) URGENT NEWS ALERT!
daemon@ATHENA.MIT.EDU (Angelciti-Intelligent Stock)
Wed Jan 7 00:01:38 2004
Date: Wed, 7 Jan 2004 00:01:32 -0500 (EST)
Message-ID: <26865064.1073451634434.JavaMail.root@m-1001.lunchboxx.net>
From: Angelciti-Intelligent Stock <Angelciti-Intelli_r-ebrmhttnrcubm@stocksnut.com>
Reply-To: Angelciti-Intelligent Stock <Angelciti-Intelli_r-ebrmhttnrcubm@stocksnut.com>
To: "aui@mit.edu" <aui@mit.edu>
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=09<table class=3D"section" cellpadding=3D"5">
<tr>
<td class=3D"top"> <font class=3D"header_light">News A=
lert</font></td>
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<tr>
<td class=3D"content_area">
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<font class=3D"orange" size=3D"5"><strong>AngelCiti Achieves =
Major Milestone in Paying Down All of its Long Term Debt
</strong></font>
<b><font size=3D"5">
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</font></b>
</td>
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=09 <a name=3D"#stock_profile"></a>
<table class=3D"section" cellpadding=3D"5">
<tr>
<td height=3D"31" class=3D"top"> <font class=3D"head=
er_light">Stock Profile</font> <a href=3D"#top"><img=
src=3D"http://click.billionzillion.com/images/agel/intelligent/top_arrow.g=
if" border=3D"0" height=3D"10" width=3D"18"></a></td>
</tr>
<tr>
<td valign=3D"top" class=3D"content_area">
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<td width=3D"156" align=3D"right" valign=3D"middle" bgcolor=
=3D"#1A47CE"><font class=3D"header_light"><strong>Stock
name</strong> </font></td>
<td width=3D"183" bgcolor=3D"#E6E6CA"><font class=3D"header=
">AngelCiti Entertainment, Inc.<br>
(OTCBB : AGEL)</font></td>
<td width=3D"287" align=3D"right"><div align=3D"center"><a =
href=3D"http://click1.stocksnut.com/sp/t.pl?id=3D11692:51649931" target=3D=
"_blank"><font color=3D"#CC0000" size=3D"3" face=3D"Arial, Helvetica, sans-=
serif"><strong>www.AngelCiti.com</strong></font></a></div></td>
</tr>
<tr>
<td colspan=3D"3" height=3D"10"> </td>
</tr>
<tr>
<td height=3D"27" align=3D"right" valign=3D"middle" bgcolor=
=3D"#1A47CE"><font class=3D"header_light">
<strong>Current Price</strong></font></td>
<td align=3D"center" bgcolor=3D"#E6E6CA"><font class=3D"mai=
n">$0.050</font></td>
<td rowspan=3D"6" align=3D"right" bgcolor=3D"#E6E6CA"><div =
align=3D"left"><img src=3D"http://click.billionzillion.com/images/agel/inte=
lligent/01_06_04/chart_AGEL4.jpg" border=3D"0" width=3D"275" height=3D"158"=
></div></td>
</tr>
<tr>
<td align=3D"right" valign=3D"middle" bgcolor=3D"#1A47CE"><=
font class=3D"header_light"><strong>Shares
Outstanding</strong></font></td>
<td align=3D"center" bgcolor=3D"#E6E6CA"><font class=3D"mai=
n">187,000,000</font></td>
</tr>
<tr>
<td align=3D"right" valign=3D"middle" bgcolor=3D"#1A47CE"><=
font class=3D"header_light"><strong>Approx.
Float</strong></font></td>
<td align=3D"center" bgcolor=3D"#E6E6CA"><font class=3D"mai=
n">26,000,000</font></td>
</tr>
<tr>
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nbsp;</td>
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=09=09=09</font>
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=09 <table class=3D"section" cellpadding=3D"5">
<tr>
<td class=3D"top"> <font class=3D"header_light">Urgent=
News Release</font> <a href=3D"#top"><img src=3D"ht=
tp://click.billionzillion.com/images/agel/intelligent/top_arrow.gif" border=
=3D"0" height=3D"10" width=3D"18"></a></td>
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<td valign=3D"top" class=3D"content_area">
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<font class=3D"main">
=09=09=09<p><font color=3D"#68685B"><strong>AngelCiti Achieves Major Milest=
one in Paying Down All of its Long Term Debt</strong></font></p>
<p><strong><font color=3D"#68685B"><font size=3D"3">Pembroke Pi=
nes, FL--(PR Newswire</font>)-January 6, 2003- AngelCiti Entertainment (OTC=
BB:AGEL) announced that it has achieved a major milestone in eliminating al=
l of its long term debt from internally generated cash flow and equity rais=
ed by the company. This material turn of events will enable the company to=
even more aggressively pursue growth in 2004. Other than technical inter-=
company debt between the company and its wholly owned subsidiaries and misc=
ellaneous service provider bills incurred in the ordinary course of busines=
s the company is now debt-free.</font></p>
<p><font color=3D"#68685B">"This event is a major event in the evoluti=
on of our company," remarked
AngelCiti president George Gutierrez. "While we have been successful i=
n many of
our expansion goals, our efforts had been slowed by the need to pay down de=
bt
incurred from our initial start-up costs. With that burden behind us, we
strongly feel that investors can expect to see continually improving result=
s
from the company, as our Asian expansion efforts and other objectives begin=
to
bear fruit." </font> </p>
<p><font color=3D"#68685B">The Industry</font></p>
<p><font color=3D"#68685B">A Bear Stearns report for the industry pegs annu=
al revenue at $4.2 billion for 2003, while Christiansen Capital Advisors pr=
edicts a slightly more rosy picture pointing to an estimated $4.5 billion i=
n revenue for calendar year 2002, saying 2005 revenue could exceed $10 bill=
ion. InformaMedia Group, which tracks electronic gambling predicts that on=
line gaming revenue will even reach $14.5 billion by 2006.</font><p>
<p><font color=3D"#68685B">The Company</font></p>
<p><font color=3D"#68685B">AngelCiti's wholly owned subsidiary Worldwide Ma=
nagement provides gaming software to numerous online casinos including Shar=
kCasino.com, SharkPoker.com and TheHouseWins.com, and currently services ca=
sinos in English, Spanish, German, Chinese and Japanese.</font></p>
<p><font color=3D"#68685B">This news release contains forward-looking state=
ments regarding AngelCiti's business strategies and future plans of operati=
ons. Forward-looking statements involve known and unknown risk and uncertai=
nties. The company's risks and uncertainties include: intense price competi=
tion, economic, political and regulatory uncertainties, the need to raise a=
dditional capital for growth and expansion and its reliance on the internet=
as a means for promoting the software it sublicenses. The forward-looking =
statements contained in this news release speak only as of the date hereof =
and AngelCiti disclaims any obligation to provide public updates, revisions=
or amendments to any forward-looking statements made herein to reflect cha=
nges in AngelCiti's expectations or future events. The representations of =
net handle and gross net win in this press release are presented as measure=
s of performance for the company that are different from those presented in=
the income statement in accordance with Regulation G promulgated by the Se=
curities and Exchange Commission and are not to be considered as revenue or=
a GAAP related financial disclosure criteria.
</font> </p>
<p><font color=3D"#68685B">Contact:<br>
AngelCiti Entertainment, Inc.<br>
Evelyn Fallas (800)908-9574</font><br>
<a href=3D"mailto:Evelyn@angelciti.com"><font color=3D"#CC000=
0">Evelyn@angelciti.com</font><br>
</a> </p>
=09=09=09</strong>
=09=09=09</font>
<strong>
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=09 <a name=3D"#about"></a>
<table class=3D"section" cellpadding=3D"5">
<tr>
<td class=3D"top"> <font class=3D"header_light">Abou=
t Company</font> <a href=3D"#top"><img src=3D"http:/=
/click.billionzillion.com/images/agel/intelligent/top_arrow.gif" border=3D"=
0" height=3D"10" width=3D"18"></a></td>
</tr>
<tr>
<td valign=3D"top" class=3D"content_area">
<!--start content here-->
<font class=3D"main"><strong><font color=3D"#626257">The Next G=
eneration in Gaming......</font></strong><font color=3D"#626257">
<br>
<br>
<strong>AngelCiti</strong> Entertainment, Inc. licenses online =
gaming
software to online casinos. While online gaming has experienced=
torrid
growth the continued massive worldwide penetration of the inter=
net
and the growth of high-speed access ensure that this industry w=
ill
be a hotbed of growth for years to come. Anglesite is pursuing =
a two-pronged
strategy to best take advantage of this market opportunity: (1)=
aggressively
marketing AngelCiti's licensed software, and (2) pursuing a cla=
ssic
roll-up strategy by adding additional casinos and casino softwa=
re
companies.<br>
<br>
<strong>AngelCiti's Operations</strong><br>
<br>
<strong>AngelCiti</strong>'s casino customers work just like th=
e live
land based casinos you might play at in Las Vegas, Atlantic Cit=
y or
on a riverboat in the Mississippi. They offer standard casino g=
ames
including Blackjack, Roulette, Craps, 10 different types of Slo=
t Machines,
Caribbean Stud, Video Poker, Keno, Baccarat, Pai Gow Poker, Let=
‘em
Ride, and many more, with the same true odds that would be expe=
cted
in a live casino. Player’s simply sign-up, deposit money =
into
their account via credit card, Western Union, bank wire, Nettel=
ler,
or through another form of accepted payment and within minutes =
they
can be playing on the net. It’s fast, easy to use, secure=
and
people get the opportunity to play from the comfort of their ow=
n home.<br>
<br>
<strong>AngelCiti</strong> currently licenses software to Vacat=
ionCasino.com,
LuckyDogCasino.com, WelcomeToOurCasino.com, EmazingCasino.com, =
StarbrightCasino.com,
RoadrunnerCasino.com, BingoLand-Casino.com, BabyGrand-Casino.co=
m,
QuePasa-Casino.com, and AngelCityCasino.com. Since its inceptio=
n in
May 2002 through June 30, 2003, and solely through the developm=
ent
of its affiliate program, <strong>AngelCiti</strong>'s casinos =
achieved
the following results and the Company became operationally prof=
itable.<br>
<br>
Paid Players – 6,018<br>
Revenue/Handle – $68.5 million <br>
Affiliates – 1,217<br>
Net Win - $1.58 million<br>
<br>
<strong>AngelCiti's Awards</strong><br>
<br>
AngelCiti licensed casinos have also received the following awa=
rds
in 2002:<br>
• voted best Online Casino in the August Insider's Bettin=
g Digest;
<br>
• voted Best New Online Casino in the August Gambling Onl=
ine
Magazine and <br>
• featured in the July Casino Player Magazine.<br>
<br>
<strong>Marketing</strong><br>
<br>
<strong>AngelCiti</strong>’s marketing strengths are key =
toward
the overall growth and development of the company. Their manage=
ment
staff has been involved in online gaming since its inception an=
d the
company’s related affiliate program, CasinoPaycheck.com h=
as
proven to be key in driving traffic to <strong>AngelCiti</stron=
g>'s
customer licensees.<br>
<strong>AngelCiti</strong> also maximizes its contacts and rela=
tionships
in hiring experienced third-party advertising purchasers as out=
side
contractors. <strong>AngelCiti</strong> has moved aggressively =
to
assist its licensees in acquiring customers to ensure strong bo=
nds
and long lasting relationships with its customers.<br>
<br>
<strong>Management</strong><br>
<br>
Mr. Guttierez has recently taken the helm as President & CE=
O,
at <strong>AngelCiti</strong>. Mr. Gutierrez has a wealth of ex=
perience
in the online gaming industry having served as president of Com=
mercial
LT Baroda, SA (CLTB) a medium-size data processing company in t=
he
gaming industry, providing call center set-up, 24-hour customer=
service,
and general operations management, for the past 4 years. Mr. Gu=
tierrez
has also served as the CEO of Kailuamana SA, a company, which p=
rovides
investment banking services to micro-cap companies.<br>
<br>
Mr. Ward, a corporate vice president and treasurer has worked h=
and
in hand with Mr. Gutierrez growing CLTB to a handle several hun=
dred
million last year. Mr. Ward handles the day-to-day money manage=
ment
and accounting functions and has been involved in the online ga=
ming
area since its inception.<br>
<br>
Mr. Wei Hsin Lee, for the newly created position of Chief Opera=
ting
Officer to help manage its ongoing growth and expansion. Prior =
to
coming on board with <strong>AngelCiti</strong>, Mr. Lee was th=
e founder
and president of Web Venture Asia, a management consulting serv=
ices
company providing business development expertise to technology =
and
gaming-related companies. Previously Mr. Lee had worked in seni=
or
level positions in Japan, China and the United States, and has =
been
integrally involved in the online gaming industry since its inc=
eption.<br>
<br>
<strong>Competition</strong><br>
<br>
There is already significant competition in the marketplace giv=
en
the popularity of the Internet in general and the relatively lo=
w overhead
associated with Internet gambling. However, we anticipate that =
<strong>AngelCiti</strong>'s
management expertise combined with its access to capital as a p=
ublic
company will be inherent advantages to help it gain and maintai=
n a
competitive advantage in the industry to maintain our superiori=
ty
in the industry.<br>
<br>
Anyone can operate a website; the key is driving traffic to the=
website
and converting that traffic into players. Casino on Net and Gol=
den
Palace are two of the larger private operators in the online ca=
sino
industry. They have done a very good job in marketing their own=
sites,
but they have not gone into the marketplace to acquire other on=
line
casinos. <strong>AngelCiti</strong> can use its stock as capita=
l to
acquire other online casino software companies and the casinos =
that
use their products in their operations to rapidly grow the comp=
any.
Moreover, because this industry is highly automated, <strong>An=
gelCiti</strong>'s
acquisition campaign can enable it to continue to reduce genera=
l and
administrative costs as a percentage of operations.<br>
<br>
It is generally agreed, that the large land-based US casinos wi=
ll
eventually enter the online casino fray. However, they have bee=
n hesitant
to move into this industry due to the enormous capital investme=
nt
they have in their gaming licenses and land-based infrastructur=
e.
However, there is also a strong belief that the US government w=
ill
recognize its inability to abolish the industry and will attemp=
t to
move in and regulate it. As the large US casinos such as MGM, H=
arrah’s,
and the like, enter the online industry, we believe that <stron=
g>AngelCiti</strong>
will be an attractive buyout candidate as a result of our exper=
ience,
database and corporate exposure as a public vehicle. </font> <b=
r>
</font>
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=09 <a name=3D"#highlights"></a>
=09 <table class=3D"section" cellpadding=3D"5">
<tr>
<td class=3D"top"> <font class=3D"header_light">Invest=
ment Highlights</font> <a href=3D"#top"><img src=3D"=
http://click.billionzillion.com/images/agel/intelligent/top_arrow.gif" bord=
er=3D"0" height=3D"10" width=3D"18"></a></td>
</tr>
<tr>
<td class=3D"content_area">
<!--start content here-->
<table width=3D"100%" border=3D"0" cellspacing=3D"0" style=3D"b=
order-collapse: collapse" cellpadding=3D"4">
<tr bgcolor=3D"#E6E6CA">
<td width=3D"30" align=3D"center" valign=3D"top"><font clas=
s=3D"header">1</font></td>
<td width=3D"*" bgcolor=3D"#E6E6CA"><font class=3D"main">AG=
EL IS THE LEADER IN INTERNET
GAMING ONE OF THE WORLD'S FASTEST GROWING INDUSTRIES.</fo=
nt></td>
</tr>
<tr bgcolor=3D"#F3F3D5">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
2</font></td>
<td bgcolor=3D"#F3F3D5"><font class=3D"main">THE BAKER REPO=
RT WAS QUOTED AS SAYING,
"WE BELIEVE OUR PROJECTIONS OF INTERNET GAMBLING REVENUES=
OF
US$100 TO US$200 BILLION DOMESTICALLY AND US$200 TO US$40=
0 BILLION
IN THE REST OF THE WORLD BY 2005 IS REASONABLE, EVEN CONS=
ERVATIVE."</font></td>
</tr>
<tr bgcolor=3D"#E6E6CA">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
3</font></td>
<td><font class=3D"main">AGEL HAS A STRONG MANAGEMENT TEAM =
THAT
HAS BEEN INVOLVED IN ONLINE GAMING SINCE THE INCEPTION OF=
THE
INDUSTRY.</font></td>
</tr>
<tr bgcolor=3D"#F3F3D5">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
4</font></td>
<td><font class=3D"main">AGEL IS CURRENTLY OPERATING WITH A=
POSITIVE
CASH-FLOW AND IS USING ITS CAPITAL TO VASTLY EXPAND ITS M=
ARKETING
AND ACQUISITION STRATEGIES.</font></td>
</tr>
<tr bgcolor=3D"#E6E6CA">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
5</font></td>
<td><font class=3D"main">AGEL IS PLANNING NEAR TERM EXPANSI=
ON INTO
SUCH HIGH-GROWTH AND GAMBLING ORIENTED MARKETS AS EUROPE =
AND
ASIA.</font></td>
</tr>
<tr bgcolor=3D"#F3F3D5">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
6</font></td>
<td><font class=3D"main">ONLINE GAMING IS EXPECTED TO BENEF=
IT GREATLY
FROM THE FAST PACED GROWTH IN WIRELESS TECHNOLOGY AND THE=
INCREASED
AVAILABILITY OF HIGH-SPEED INTERNET ACCESS.</font></td>
</tr>
<tr bgcolor=3D"#E6E6CA">
<td align=3D"center" valign=3D"top" bgcolor=3D"#E6E6CA"><fo=
nt class=3D"header">7</font></td>
<td><font class=3D"main">AGEL HAS THE OPPORTUNITY TO PURCHA=
SE OTHER
ONLINE CASINO COMPANIES AT P/E MULTIPLES SIGNIFICANTLY BE=
LOW
ITS CURRENT TRADING VALUE IN "PART CASH/PART STOCK" ACQUI=
SITIONS
THAT WILL BE IMMEDIATELY CONTRIBUTE TO THE BOTTOM LINE AN=
D THE
VALUATION OF THE COMPANY.</font></td>
</tr>
<tr bgcolor=3D"#F3F3D5">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
8</font></td>
<td><font class=3D"main">AGEL IS ADDING ADDITIONAL; SOFTWAR=
E CAPABILITY
TO STAY ON TOP OF SUCH EMERGING TRENDS AS ONLINE POKER AN=
D BINGO
AND OTHER GAME SPECIFIC SITES.</font></td>
</tr>
<tr bgcolor=3D"#E6E6CA">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
9</font></td>
<td><font class=3D"main">AGEL'S WHOLLY OWNED SUBSIDIARY LEG=
ALLY OPERATES UNDER LICENSES PROVIDED BY COSTA RICA AND THE KANNAWAKEE INDI=
AN TRIBE.</font></td>
</tr>
<tr bgcolor=3D"#F3F3D5">
<td align=3D"center" valign=3D"top"><font class=3D"header">=
10</font></td>
<td><font class=3D"main">AGEL ANNOUNCED THAT IT WILL BE INI=
TIATING OPERATIONS OF A CHINESE BASED LANGUAGE ONLINE CASINO, AND WILL BE A=
DDING ADDITIONAL ASIAN-LANGUAGE-BASED WEBSITES, ENTERING ASIA'S MULTI-BILLI=
ON DOLLAR GAMING MARKET.</font></td>
</tr>
</table>
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</td>
</tr>
<tr>
<td class=3D"bottom"> </td>
</tr>
</table>
=09 <a name=3D"#opp"></a>
<table class=3D"section" cellpadding=3D"5">
<tr>
<td class=3D"top"> <font class=3D"header_light">Invest=
ment Opportunity</font> <a href=3D"#top"><img src=3D=
"http://click.billionzillion.com/images/agel/intelligent/top_arrow.gif" bor=
der=3D"0" height=3D"10" width=3D"18"></a></td>
</tr>
<tr>
<td valign=3D"top" class=3D"content_area">
<!--start content here-->
<font class=3D"main"><strong><font color=3D"#68685B">Market and=
Growth Potential of Online Gaming</font></strong><font color=3D"#68685B"><=
br>
</font>
<p> <font color=3D"#68685B">It is estimated that in excess of a=
trillion dollars is wagered
annually worldwide on the various forms of gambling. The grow=
th
of the Internet has far exceeded the growth of any other comm=
unication
medium in the 20th century. In just under four years the Inte=
rnet
has reached penetration rates that took the television 13 yea=
rs
to reach and the radio over 30 years.</font></p>
<ul>
<li><font color=3D"#68685B">Internet gambling has grown from =
30 sites and bets of $17 million
in 1996 to approximately $3 billion in wagers in the year 2=
000,
according to the Center for Policy Initiatives </font> </li=
>
<li> <font color=3D"#68685B">A May 26, 2002 article in TheStr=
eet.com noted that according
to Christiansen Capital Advisors, a New York consulting fir=
m that
tracks the gaming industry, gambling Web sites took in $3.5=
billion
in revenue during 2001. </font> </li>
<li> <font color=3D"#68685B">An April 29, 2002 Business Week =
article noted that “web
surfers will wager an estimated $11.4 billion this year and=
that
all over Europe, Internet surfers are visiting gambling and=
gaming
sites in record numbers, helping online betting become one =
of
the fastest growing businesses on the Net.</font></li>
<li> <font color=3D"#68685B">Bear Stearns anticipates an esti=
mated $6 billion in revenues
by U.S. wagerers alone, by 2003.</font></li>
<li> <font color=3D"#68685B">A press release put out by Aspin=
alls, a leading online gambling
operator, indicated that international online gambling reve=
nues
were set to grow to $20.8 billion in 2005, based upon an ex=
tensive
research report put out by Greenfield Online.</font></li>
<li><font color=3D"#68685B">Research firm Datamonitor forecas=
ts that revenues from gambling
will soar to $20.8 billion by 2005.</font></li>
</ul>
<font color=3D"#68685B">While the U.S. has been the dominant ma=
rket for the Internet to date,
statistics from Nua Ltd. indicate that approximately 25 percent=
of
Internet users are from Europe and 15 percent are from the Asia=
Pacific.
Estats, Inc., on online provider and assembler of the Internet =
research,
believes that the major international growth areas will be in E=
urope,
led by Germany, the UK, Sweden, France, Asia/Pacific Rim, espec=
ially
Japan, Australia, Taiwan, and New Zealand. Western Europe, with=
14
million people online, accounting for 18% of the world’s =
total,
represents the next big growth opportunity of the net. Asia, le=
d by
Japan, is a booming market for online users, e-commerce and adv=
ertising
dollars. Estats, Inc. further estimates that Asia and the Pacif=
ic
Rim region hold 8 million of the world’s net users, nearl=
y 11%
of the world’s total. According to Paul Budde Communicati=
ons
the online population in Asia, estimated at 5 to 10 million, co=
mprises
only 0.4% of the total population in that region. Due to the po=
pulation
of Asia versus its lack of online household penetration, the lo=
ng-term
potential for growth is astronomical. The Baker Report was quot=
ed
as saying, “We believe our projections of Internet gambli=
ng
revenues of US$100 to US$200 billion domestically and US$200 to=
US$400
billion in the rest of the world by 2005 is reasonable, even co=
nservative.”
In an Aug. 1 PRNewswire - First Call press release - AngelCiti =
Entertainment,
Inc. announced that it will be initiating operations of a Chine=
se
based language online casino, and will be adding additional Asi=
an-language-based
websites, entering Asia's multi-billion dollar gaming market.<b=
r>
<br>
<strong>Additional Growth Potential</strong><br>
<br>
It is universally agreed that the next big evolution is the ada=
ptation
of the wireless Internet and most professionals predict this wi=
ll
occur over the next several years. Moreover, online gambling ha=
s continued
to grow internationally as even more people gain access to the =
internet.
These events will materially increase our opportunities to reac=
h the
gaming public and convert even more users toward AngelCiti̵=
7;s
licensed Casinos.<br>
<br>
With regard to wireless growth, AngelCiti’s licensed casi=
nos
can acquire more online game time from users waiting to catch t=
heir
planes, which are delayed for appointments, and the like, by pr=
oviding
them with the easy use of our entertainment over their cell pho=
ne
or wireless PDA. Moreover, they can acquire additional users in=
the
form of computer phobic people who feel perfectly comfortable u=
sing
their mobile phone. We strongly feel that the next generation o=
f wireless
products will serve to only further fuel the meteoric growth of=
the
online gaming industry and that AngelCiti’s licensed casi=
nos
will enjoy the fruits of that evolution.<br>
<br>
The market for online gaming in Europe and Asia has been growin=
g even
more rapidly than the US market an In a April 29, 2002 Business=
Week
article noted that “All over Europe, Internet surfers are=
visiting
gambling and gaming sites in record numbers, helping online bet=
ting
become one of the fastest growing businesses on the Net.”=
And
yet the online casino providers catering to these markets have =
grown
more slowly than those servicing English-speaking countries. To=
keep
up with growing international demand, AngelCiti has plans to br=
ing
out online casinos in Spanish, German, French and Chinese withi=
n the
next 6 months and will explore adding on additional languages a=
s those
markets continue to grow. AngelCiti has also expressed a strate=
gy
of maximizing its marketing capabilities by bringing on special=
ists
familiar with those regions who can help us to optimize our web=
site
design and marketing efforts with a special local flavor tailor=
-made
to a specific country’s or region’s tastes and desi=
res.</font><br>
</font></td>
</tr>
<tr>
<td class=3D"bottom"> </td>
</tr>
</table>
=09</td>
</tr>
<tr>
<td>
<table cellpadding=3D"10">
=09<tr>
=09 <TD valign=3D"top" bgcolor=3D"#CCCC99"> <font class=3D"small">
<p align=3D"center"><font class=3D"small">******* Important N=
otice and
Disclaimer: Please Read *******</font></p>
</font> <p><font class=3D"small">
=09=09=09Intelligent Stock Picks, and affiliates (ISP), publishes reports p=
roviding information on selected companies that ISP believes have investmen=
t potential. ISP is not a registered investment adviser or broker-dealer. =
The purpose of this report is to provide information about the featured co=
mpany, its products or services as well as ISP's opinion of its potential f=
or success. It is not intended as a solicitation or recommendation to buy,=
sell or hold securities and does not provide an analysis of the financial =
position of the company. We cannot guarantee that
AGEL's stock will meet its target price or that it will achieve=
its projected results. An investment in
AGEL is highly speculative and should be considered only by inv=
estors who can afford a complete loss of their investment. ISP accepts no =
liability for any loss arising from an investor's reliance on or use of thi=
s report.
AGEL has engaged an affiliate of ISP to circulate this report, =
and this affiliate has received FOUR MILLION free trading shares of common =
stock of
AGEL from a third party non-affiliate (WWE). ISP and its affil=
iates have no relationship to the third party. ISP intends to sell all or a=
portion of the
AGEL stock at or about the time of publication of this report. =
ISP may also buy or sell shares of
AGEL stock in the open market. The compensation of ISP's affil=
iate with
AGEL stock presents an inherent conflict of interest. This rep=
ort contains forward-looking statements, which involve risks and uncertaint=
ies that may cause actual results to materially differ from those set forth=
in the forward-looking statements. For further details concerning these r=
isks and uncertainties, see the SEC filings of
AGEL including the company's most recent annual and quarterly r=
eports.
=09=09=09</font></p>
</TD>
=09 </tr>
</table>
</td>
</tr>
</table>
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