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

15 August 2000

LAS VEGAS, Nevada -- (Press Release) – Aug. 15, 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). CPNM was founded in 1929 and comprises 21 entities and over 200 joint ventures devoted to Multi-Media/Direct Response Marketing.

The 1stGenx.com Stealth 001 gaming and financial indexing software is unique. It allows clients to play multiple games simultaneously, on their monitor, within one browser window. It also has unique access protocols that make it simple, fast and easy to use for both the new and experienced on-line gaming client.

The Technology Advantage

1stGenx.com's Stealth 001 software solution leverages Sun Microsystems's (SUNW) Java, which loads instantaneously, using advanced technology. It will provide sophisticated gaming applications and rich user interfaces, without losing functionality or performance. It delivers modules as needed transparently to the user.

The software sets precedence in delivering feature rich Internet gaming applications, which are delivered as quickly and easily as Web pages, with no wait, no plug-ins, and no discernable download.

The new software has incorporated modules for on-line credit/debit card and eCash processing, as well as one of the World's most comprehensive, pure Java, financial index-wagering modules.

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