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Starnet Announces Home Gambling Network Lawsuit Dropped
ST. JOHNS, Antigua--(BUSINESS WIRE)--March 31, 2000--Starnet Communications International Inc. (OTCBB:SNMM - news; ``Starnet``), is pleased to announce the withdrawal of a patent infringement lawsuit by Home Gambling Network, Inc. (``HGN``) against Starnet. The suit was originally filed by Melvin Molnick in the United States District Court, District of Nevada in March 1999.
Meldon Ellis, president and chief executive officer of Starnet said, ``As we have consistently stated, this suit was without merit. The withdrawal of the suit validates our business model and establishes beyond reasonable doubt that our online gaming operations do not impinge upon Mr. Molnick`s patent.``
About Starnet
Starnet is a leading developer and producer of Internet technologies for gaming applications. The company offers a full suite of gaming products, including casinos, sports betting, bingo, lotto, and horse racing. Games are available in a number of different formats including Java, C++, and HTML and comprehensive marketing support software is also provided. For more information, please visit www.snmm.com or email sales@starnetsystems.net.
Starnet is a fully reporting US (Delaware) corporation, which currently trades on the National Association of Security Dealers (``NASD``) Over-The-Counter Bulletin Board. The company began trading in September of 1997 under the symbol ``SNMM.`` Starnet is also listed on the Berlin Stock Exchange where it is traded on the Over-The-Counter market under the symbol ``SNM.``
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Starnet`s filings with the Securities & Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Starnet Communications International Inc.
Carey Nelson, 604/608-1818
Fax: 604/608-6163
Rob Grace, 604/608-8733
Fax: 604/608-6163
North American Toll: 888/883-0833
Outside North America: 800/883-88338
Email: ir@snmm.com
or
Ogilvy Public Relations Worldwide
Brad Miller, 212/880-5345
Die RCMP-Sache mit nicht mehr lange auf sich warten lassen!
How much
ST. JOHNS, Antigua--(BUSINESS WIRE)--March 31, 2000--Starnet Communications International Inc. (OTCBB:SNMM - news; ``Starnet``), is pleased to announce the withdrawal of a patent infringement lawsuit by Home Gambling Network, Inc. (``HGN``) against Starnet. The suit was originally filed by Melvin Molnick in the United States District Court, District of Nevada in March 1999.
Meldon Ellis, president and chief executive officer of Starnet said, ``As we have consistently stated, this suit was without merit. The withdrawal of the suit validates our business model and establishes beyond reasonable doubt that our online gaming operations do not impinge upon Mr. Molnick`s patent.``
About Starnet
Starnet is a leading developer and producer of Internet technologies for gaming applications. The company offers a full suite of gaming products, including casinos, sports betting, bingo, lotto, and horse racing. Games are available in a number of different formats including Java, C++, and HTML and comprehensive marketing support software is also provided. For more information, please visit www.snmm.com or email sales@starnetsystems.net.
Starnet is a fully reporting US (Delaware) corporation, which currently trades on the National Association of Security Dealers (``NASD``) Over-The-Counter Bulletin Board. The company began trading in September of 1997 under the symbol ``SNMM.`` Starnet is also listed on the Berlin Stock Exchange where it is traded on the Over-The-Counter market under the symbol ``SNM.``
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in Starnet`s filings with the Securities & Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Starnet Communications International Inc.
Carey Nelson, 604/608-1818
Fax: 604/608-6163
Rob Grace, 604/608-8733
Fax: 604/608-6163
North American Toll: 888/883-0833
Outside North America: 800/883-88338
Email: ir@snmm.com
or
Ogilvy Public Relations Worldwide
Brad Miller, 212/880-5345
Die RCMP-Sache mit nicht mehr lange auf sich warten lassen!
How much
Wunderbar!
Zwei gute Nachrichten in drei Tagen, endlich ist das tief vorüber!
Es lebe Starnet!
cya!
Aktienmogul
Zwei gute Nachrichten in drei Tagen, endlich ist das tief vorüber!
Es lebe Starnet!
cya!
Aktienmogul
Mein Kurziel für SNMM bis zum 21/04/00
12-15 $
COE!
12-15 $
COE!
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