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Thursday, 08/02/2001 10:24:23 AM

Thursday, August 02, 2001 10:24:23 AM

Post# of 476
E-Mail from Kelly Jones CEO of GAMZ

Friends and shareholders:

Attached please find this morning's press release announcing that GameCom has retained Magnum Financial Group in Los Angeles as its investor relations professionals. We are very pleased to make this announcement.

As the spring evolved and we announced the Ferris Productions acquisition, we knew we needed a professional IR/PR firm to assist the company get the word out about our expanded operations, and to "take us to the next level." We wanted to have a top-notch firm advising us as we moved toward consummation of the merger, and as we began to perform on the combined business plan.

The selection of Magnum was indeed the result of an exhaustive search and due diligence process. We talked with over 100 companies, and the combined GameCom and Ferris boards of directors, as well as our consultants, participated in many joint teleconferences and interviews. We probably called over 100 small cap companies doing due diligence on our "finalists," and, in the end, we believe Magnum was the clear victor.

In Magnum's impressive materials, the first line from its mission statement says it all: "Magnum Financial Group's vision is to be the premier provider of value-creating financial services to micro and small cap public companies...." That's exactly what our research confirmed.

Magnum's assistance to GameCom in this transitional period will be comprehensive, as we didn't merely hire a firm to assist with press releases. Magnum will, among other responsibilities, be assisting us with creating a new overall appearance for the combined entity, new marketing and promotional materials, a new joint website presence, obtaining analyst coverage, opening and maintaining dialogue with our market makers, performing "streetwork," and coordinating quarterly/special event conference calls with the investment community.

From our contract, Magnum's objective is to "achieve the highest sustainable market value for the Company's securities, contributing to increased shareholder liquidity and enhanced corporate finance opportunities."

Some of the CEO comments we heard about Magnum and its president, Mike Manahan: "Mike is a pro. They have moved our stock in a difficult market," "Mike can take you to the next level -- he has the contacts, experience, drive, and is available when you need him," and "he clearly has the right contacts for small cap companies -- he specializes in servicing small cap companies."

I would be remiss if I didn't thank a couple of people for their extraordinary work on this project. Andy Wells from Ferris' board put in many hours, and I'm afraid to see the long distance phone bills from Arlington to Houston this month. Gary Cella, a GameCom consultant, was especially helpful with his reconnaissance, contacts, and personal meetings with some of the interviewed firms. Of course, as I mentioned, I appreciate the time from both companies' boards of directors.

Of course, Magnum's ability is dependent upon management doing its job, and delivering on our business plan. That's exactly what we intend to do, and believe we are doing. However, before we started announcing our progress, we wanted Magnum on board.

These are simply my personal comments, and should not be relied upon in your investment decisions. I strongly urge you to conduct your own due diligence with regard to an investment in GameCom. I respectfully refer you to GameCom's filings with the Securities and Exchange Commission.

L. Kelly Jones, GameCom CEO


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