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1stGenx.com, Inc. Announces Joint Venture With WSMI.com

9 August 2000

LAS VEGAS, Nevada--(Press Release)--Aug. 9, 2000--1stGenx.com, Inc. (OTCBB:FGNX) announced today the co-development and operation of a leading gaming information and entertainment portal site.

The joint venture agreement is with World Sales & Merchandising Inc., WSMI.com, ``The Online Marketing Specialist.'' (CDN:WSMI) is based on the joint design, licensing and operation of the portal.

The site will be used to market a variety of services, including selling gaming licenses to interested international business groups and existing on-line casino operators.

Participating gaming licensees will utilize E-Vegas.com's Stealth 001 gaming and financial index wagering software and related banking services. Revenues will be generated and shared through licensing fees, advertising, merchandising, commissions, and other member services.

Plans for the portal site include on-line casinos and information on gaming destinations, entertainment, and related news. Visitors to the site will be able to play on-line at associated licensed operators, plan gaming related vacations, book flights and hotels, and buy tickets to entertainment events.

The proposed platform upon which the site will be built will be licensed by Bee-Trade.com to Gamble-Gate. WSMI.com will manage the gaming portal.

In addition to various marketing media and partnerships, 1stGenx.com, Inc., and WSMI.com plan to market the Gamble-gate.com portal, on and off-line, by leveraging the reach and power of Beryl Wolks' Cable Print Network Marketing Inc. (CPNM).

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