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Starnet Wins Frost and Sullivan`s 1999 Market Engineering Awards
SNMM
WILMINGTON, Del., Sep 22, 1999 (BUSINESS WIRE) -- Starnet Communications International Inc. (OTC BB: SNMM ) (" Starnet" ) has won Frost and Sullivan`s 1999 Market Engineering Competitive Strategy Award and 1999 Market Engineering Marketing Strategy Award. Starnet has won two out of the three awards given.
Mark Dohlen, CEO, " I am very pleased that our business model has been recognized. We have put a great deal of time and effort into development and implementation. The Frost and Sullivan Awards acknowledge our position as the strategic leader in the online gaming industry."
The Frost and Sullivan Awards:
The 1999 Market Engineering Competitive Strategy Award: Starnet
Communications
This award is given each year to the company that has demonstrated superior competitive strategy. This award recognizes the company that has been able to create and implement an effective competitive strategy integrating the strategic elements of product, price, marketing, and sales. This company has exhibited an excellent understanding of competitive market position and has demonstrated the benefits of competitive benchmarking and competitive monitoring in the company`s strategy.
Starnet Communications managed to further entrench itself as a preeminent supplier of online gambling software through a deft combination of product marketing and pricing. Through its online gambling site, gamblers and prospective software purchasers can evaluate for themselves how well the Starnet software functions. The company is the only major software developer to also run its own online gambling site.
Starnet further raised the bar by adopting an aggressive pricing model in order to gain market share. The company was cognizant of the feverish demand and haste to establish online gambling sites and positioned and marketed its product to capitalize on this sentiment. The gambit paid dividends as Starnet is the market leader in terms of number of licensees. These actions are indicative of the company`s understanding of the importance of product marketing, overarching industry trends, and the implications of such trends.
The 1999 Market Engineering Marketing Strategy Award: Starnet
Communications
This award is given each year to the company that has demonstrated excellence in marketing strategy design and implementation. This company possesses a well-developed and well integrated marketing program that is based on performance measurements and encourages marketing efficiency. The marketing strategy has contributed greatly to the company`s image in the marketplace, market share, and profitability.
Starnet Communications was very successful in 1998 marketing its turnkey solution to gambling operators with valid permits. The company priced aggressively to capture market share, correctly anticipating that many operations were looking for a cost-effective way to get up and running.
Moreover, the company is the only major casino software provider that runs its own online casino. Such a diversified marketing strategy has already begun to pay off in the first half of 1999 as the company signed contracts with over 20 new licensees.
According to International Market Research and Consulting firm
Frost & Sullivan:
The total world market for online gambling reached $834.5 million in 1998, an increase of 100.9 percent over 1997. The growth in Internet users spurred the surge in transaction volume of wagers in 1998. The market will continue to experience rapid growth, reaching a revenue total of $10.95 billion by 2005, a Compound Annual Growth Rate of 44.5 percent.
About Frost & Sullivan
Frost & Sullivan is an international market research, consulting and training company that monitors the On-Line Gambling industry for market trends, market measurements and strategies. This ongoing research is utilized to update a series on online research subscriptions such as the Internet/Intranet/Online subscription, and to support industry participants with customized consulting needs. Free executive summaries of all research are available to the press by calling Jennifer Minx of the Frost and Sullivan Public Relations Department at 650-961-9000.
Starnet is a fully reporting US (Delaware) corporation, which is currently listed on the National Association of Security Dealers (" NASD" ) Over-The-Counter Bulletin Board and commenced 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" .
The Wall Street Journal has described Starnet as " one of the established leaders in Internet gaming and entertainment" .
Starnet is a leading developer and producer of Internet technologies for gaming applications. For more information, please visit www.snmm.com .
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 fillings with the Securities & Exchange Commission.
SNMM
WILMINGTON, Del., Sep 22, 1999 (BUSINESS WIRE) -- Starnet Communications International Inc. (OTC BB: SNMM ) (" Starnet" ) has won Frost and Sullivan`s 1999 Market Engineering Competitive Strategy Award and 1999 Market Engineering Marketing Strategy Award. Starnet has won two out of the three awards given.
Mark Dohlen, CEO, " I am very pleased that our business model has been recognized. We have put a great deal of time and effort into development and implementation. The Frost and Sullivan Awards acknowledge our position as the strategic leader in the online gaming industry."
The Frost and Sullivan Awards:
The 1999 Market Engineering Competitive Strategy Award: Starnet
Communications
This award is given each year to the company that has demonstrated superior competitive strategy. This award recognizes the company that has been able to create and implement an effective competitive strategy integrating the strategic elements of product, price, marketing, and sales. This company has exhibited an excellent understanding of competitive market position and has demonstrated the benefits of competitive benchmarking and competitive monitoring in the company`s strategy.
Starnet Communications managed to further entrench itself as a preeminent supplier of online gambling software through a deft combination of product marketing and pricing. Through its online gambling site, gamblers and prospective software purchasers can evaluate for themselves how well the Starnet software functions. The company is the only major software developer to also run its own online gambling site.
Starnet further raised the bar by adopting an aggressive pricing model in order to gain market share. The company was cognizant of the feverish demand and haste to establish online gambling sites and positioned and marketed its product to capitalize on this sentiment. The gambit paid dividends as Starnet is the market leader in terms of number of licensees. These actions are indicative of the company`s understanding of the importance of product marketing, overarching industry trends, and the implications of such trends.
The 1999 Market Engineering Marketing Strategy Award: Starnet
Communications
This award is given each year to the company that has demonstrated excellence in marketing strategy design and implementation. This company possesses a well-developed and well integrated marketing program that is based on performance measurements and encourages marketing efficiency. The marketing strategy has contributed greatly to the company`s image in the marketplace, market share, and profitability.
Starnet Communications was very successful in 1998 marketing its turnkey solution to gambling operators with valid permits. The company priced aggressively to capture market share, correctly anticipating that many operations were looking for a cost-effective way to get up and running.
Moreover, the company is the only major casino software provider that runs its own online casino. Such a diversified marketing strategy has already begun to pay off in the first half of 1999 as the company signed contracts with over 20 new licensees.
According to International Market Research and Consulting firm
Frost & Sullivan:
The total world market for online gambling reached $834.5 million in 1998, an increase of 100.9 percent over 1997. The growth in Internet users spurred the surge in transaction volume of wagers in 1998. The market will continue to experience rapid growth, reaching a revenue total of $10.95 billion by 2005, a Compound Annual Growth Rate of 44.5 percent.
About Frost & Sullivan
Frost & Sullivan is an international market research, consulting and training company that monitors the On-Line Gambling industry for market trends, market measurements and strategies. This ongoing research is utilized to update a series on online research subscriptions such as the Internet/Intranet/Online subscription, and to support industry participants with customized consulting needs. Free executive summaries of all research are available to the press by calling Jennifer Minx of the Frost and Sullivan Public Relations Department at 650-961-9000.
Starnet is a fully reporting US (Delaware) corporation, which is currently listed on the National Association of Security Dealers (" NASD" ) Over-The-Counter Bulletin Board and commenced 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" .
The Wall Street Journal has described Starnet as " one of the established leaders in Internet gaming and entertainment" .
Starnet is a leading developer and producer of Internet technologies for gaming applications. For more information, please visit www.snmm.com .
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 fillings with the Securities & Exchange Commission.
Für die Link-freunde:
http://www.businesswire.com/cgi-bin/f_headline.cgi?day0/1926…
Stay long and prosper
Mystic
http://www.businesswire.com/cgi-bin/f_headline.cgi?day0/1926…
Stay long and prosper
Mystic
Die 5$-Marke müßte heute eigentlich fallen und charttechnisch zum Aufwärtstrend beisteuern. In letzten Tagen kommen nur gute Nachrichten aus dem SNMM-Block, verschiedenen Analysten sowie Zeitungen. Die Stimmung scheint ihren Wendepunkt erreicht zu haben, was man aus den meisten Boards entnehmen kann. SNMM ist nicht Turodyne, die nach ihrem spektakulären Fall in Vergessenheit versank. Über SNMM wird es sogar noch mehr polemisiert, als sie Richtung Norden marschiert sind. Der Gamblingleader ist einfach viel zu gut, die Story, das Marketing und die Crew stimmt. Totgesagter Dohlen wird uns noch viele positive Überraschungen bescheren, da bin ich mir sicher.
Kann mir jemand etwas mehr zu diesem rumour sagen?
There are rumors that the central
Canadian government may want to shut down RCMP in Vancouver
for lack of cases.
Go Starnet GO!
Kann mir jemand etwas mehr zu diesem rumour sagen?
There are rumors that the central
Canadian government may want to shut down RCMP in Vancouver
for lack of cases.
Go Starnet GO!
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