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Tuesday, March 22, 2005 9:19:27 AM
Hey JG, AGCI 1.90 news today suggesting possibly another future dividend in addtion to the one tomorrow: AngelCiti Launches New Affiliate Program
Tuesday March 22, 8:01 am ET
PEMBROKE PINES, Fla., March 22 /PRNewswire-FirstCall/ -- AngelCiti Entertainment, Inc. (OTC Bulletin Board: AGCI - News), an online casino software company, announced today that the Company is launching a new version of CasinoPaycheck.com, which has already garnered over 2,100 affiliates, driving traffic and revenue to AngelCiti. CasinoPaycheck.com, which is available in English, Spanish and Chinese, was the first affiliate program to pioneer first-day-of-the-month payouts to affiliates and real-time tracking, which have since become adopted as industry standards. AngelCiti's rollout of its updated affiliate program is anticipated to have a significant impact in generating additional revenue to the Company.
George Gutierrez, president of AngelCiti, stated, "The rollout of the Company's new affiliates program marks another step in the evolution of AngelCiti. In order to grow robustly, the Company needs to constantly re- invent itself and provide ever more excitement to the online gaming player and the affiliates who are responsible for driving tremendous traffic and revenue in this industry."
Gutierrez continued, "This step comes on the forefront of our upcoming dividend to shareholders at the close of trading tomorrow, and other material ongoing corporate developments. We continue to maintain our focus on shareholder value, and management is considering an additional dividend of Midas shares to AngelCiti shareholders as the business continues to develop."
About AngelCiti Entertainment Inc.
AngelCiti Entertainment is focused on acquiring interests in companies that provide software to the online gaming industry. The online gambling market has been booming since its inception and continues to expand at a rapid pace. Industry experts estimate that total gaming revenues could grow from $4.5 billion in 2002 to more than $10 billion by 2005 (source: Christiansen Capital Advisors). AngelCiti's wholly owned subsidiary, Worldwide Management, provides gaming software to numerous online casinos, including SharkCasino.com and TheHouseWins.com, and currently services casinos in English, Spanish, German, Chinese and Japanese. For more information, visit http://www.angelciti.com . AngelCiti owns 4.6 million shares in Midas Entertainment, Inc. (OTC Pink Sheets: MDAS - News), a publicly traded online poker software company. Recent estimates from industry insider PokerPulse.com note that more than $5 billion is anticipated to be wagered at online poker sites in 2005.
This news release contains forward-looking statements regarding AngelCiti's business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional 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 changes in AngelCiti's expectations or future events. The representations of net handle and gross net win in this press release are presented as measures of performance for the company that are different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and are not to be considered as revenue or a GAAP-related financial disclosure criteria.
OTC Financial Network
Rick McCaffrey, Investor Relations
781-444-6100 x625
rick@otcfn.com
AngelCiti Entertainment, Inc.
Evelyn Fallas
800-908-9574
Evelyn@angelciti.com
Tuesday March 22, 8:01 am ET
PEMBROKE PINES, Fla., March 22 /PRNewswire-FirstCall/ -- AngelCiti Entertainment, Inc. (OTC Bulletin Board: AGCI - News), an online casino software company, announced today that the Company is launching a new version of CasinoPaycheck.com, which has already garnered over 2,100 affiliates, driving traffic and revenue to AngelCiti. CasinoPaycheck.com, which is available in English, Spanish and Chinese, was the first affiliate program to pioneer first-day-of-the-month payouts to affiliates and real-time tracking, which have since become adopted as industry standards. AngelCiti's rollout of its updated affiliate program is anticipated to have a significant impact in generating additional revenue to the Company.
George Gutierrez, president of AngelCiti, stated, "The rollout of the Company's new affiliates program marks another step in the evolution of AngelCiti. In order to grow robustly, the Company needs to constantly re- invent itself and provide ever more excitement to the online gaming player and the affiliates who are responsible for driving tremendous traffic and revenue in this industry."
Gutierrez continued, "This step comes on the forefront of our upcoming dividend to shareholders at the close of trading tomorrow, and other material ongoing corporate developments. We continue to maintain our focus on shareholder value, and management is considering an additional dividend of Midas shares to AngelCiti shareholders as the business continues to develop."
About AngelCiti Entertainment Inc.
AngelCiti Entertainment is focused on acquiring interests in companies that provide software to the online gaming industry. The online gambling market has been booming since its inception and continues to expand at a rapid pace. Industry experts estimate that total gaming revenues could grow from $4.5 billion in 2002 to more than $10 billion by 2005 (source: Christiansen Capital Advisors). AngelCiti's wholly owned subsidiary, Worldwide Management, provides gaming software to numerous online casinos, including SharkCasino.com and TheHouseWins.com, and currently services casinos in English, Spanish, German, Chinese and Japanese. For more information, visit http://www.angelciti.com . AngelCiti owns 4.6 million shares in Midas Entertainment, Inc. (OTC Pink Sheets: MDAS - News), a publicly traded online poker software company. Recent estimates from industry insider PokerPulse.com note that more than $5 billion is anticipated to be wagered at online poker sites in 2005.
This news release contains forward-looking statements regarding AngelCiti's business strategies and future plans of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional 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 changes in AngelCiti's expectations or future events. The representations of net handle and gross net win in this press release are presented as measures of performance for the company that are different from those presented in the income statement in accordance with Regulation G promulgated by the Securities and Exchange Commission and are not to be considered as revenue or a GAAP-related financial disclosure criteria.
OTC Financial Network
Rick McCaffrey, Investor Relations
781-444-6100 x625
rick@otcfn.com
AngelCiti Entertainment, Inc.
Evelyn Fallas
800-908-9574
Evelyn@angelciti.com
Consider anything a fish says as borderline entertainment at best, and most likely another lousy stock pick he'll lose his tail on again. circa 2005 source unknown
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