The Golden Lounge

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UTDT - United Trading.com
Forward event: Launching of lottery sites
Impact date:end of December
Reliable source: http://biz.yahoo.com/bw/001110/ca_united_.html
http://www.unitedtrading.com/press.htm

United Trading.com Announces Completion of Software for Two Planned Internet Lotteries
Final Government Negotiations In Progress
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 10, 2000--United Trading.com (OTCBB:UTDT - news) Friday announced that it has completed software and instant credit card clearing links for two planned Internet lotteries.

Final negotiations with two separate sovereign countries as partners for each of the Internet lotteries are currently in progress.

The Internet domain names for the two planned lottery sites are http://www.paradiselotto.com and
http://www.onlinesuperlotto.com.

It is planned that a portion of the lottery proceeds will be distributed to both local and international charities currently planned to include education, health, welfare and environmental causes.

United Trading.com (``the company') believes that the economies which can be achieved using its proprietary fully automated technology based on the company's proven Praxis gaming/sportsbook software will permit the return of a substantially larger percentage of lottery receipts in player prizes than that available from lotteries using land-based technology and marketing, as well providing very attractive returns for the government/charities and the company.

``Based on successful conclusion of the current negotiations with two separate sovereign countries, it is expected that the first Internet lottery will be operational in this calendar quarter and the second Internet lottery will be operational in the first quarter of 2001.

``The company believes that its planned 'cause' driven online lottery will prove to be the premium lottery experience available for players throughout the world,' said company President Norman Wright.

The total worldwide annual lottery ticket sales for 200 government, national, state and foreign lotteries has been estimated to be approximately $200 billion or approximately $60 million annual sales per lottery.

About United Trading.com

The company is engaged in development and sales of licenses for its proprietary Praxis software for Internet casinos and sportsbooks and development of leading-edge Internet lotteries.

In addition, the company is engaged in international business-to-business e-commerce currently through its Internet sites including estate brand specialty coffee and wholesale black pearls.

Estimates for the International Internet gaming market by Bear Stearns and others are in excess of $10 billion annually, while estimates of total international lottery sales are in excess of $200 billion annually.

Coffee is the world's second largest commodity with an annual market estimated at $20 billion while the market for black pearls from the Cook Islands and Tahiti is estimated at $100 million annually.

The total international business-to-business e-commerce market has been estimated by the International Data Corp. to be approximately $500 billion in 1999, growing to more than $2 trillion in the year 2003.

The company is focusing on high-profit potential market niches with physical presence in Costa Rica (The Americas Portal), Cook Islands (Asia Portal) and Liechtenstein (Europe, Middle East and Africa Portal).

To learn more about United Trading.com and review previous news releases see http://www.unitedtrading.com or contact Summa Capital at 877/370-4318 or e-mail [e-mail].

This statement includes projections of future results and ``forward-looking statements' as that term is defined in Section 27A of the Securities Act of 1933 as amended (the ``Securities Act'), and Section 21E of the Securities Exchange Act of 1934 as amended (the ``Exchange Act'). All statements that are included in this release, other than statements of historical fact, are forward-looking statements.

Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this statement, including, without limitation, in conjunction with those forward-looking statements contained in this statement. The company disclaims any obligation to update forward-looking statements.


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Contact:

Summa Capital Inc.
David Berkowitz, 877/370-4318
E-mail: [e-mail]
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