CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

BICO, Vegas Wireless Entertainment to Merge

22 February 2006

TORONTO, Canada – (PRESS RELEASE) -- Vegas Wireless Entertainment, ``Vegas Wireless', is pleased to announce the signing of a definitive agreement to merge with BICO, Inc. (OTC BB:BIKO.OB). Vegas Wireless specializes in the creation and distribution of mobile entertainment software products. The acquisition is expected to close in March.

Chris Feges, President of Vegas Wireless Entertainment stated, ``We are very enthusiastic with this agreement, which will provide us with the opportunity to seize on the enormous potential presented by the wireless gaming market. This will allow us to focus on the deployment of our innovative mobile platform and continue our efforts which, we believe, will ensure our position as a market leader in this industry. Feges also indicated that 'Vegas Wireless Entertainment has come a long way in a short period of time and we have proven our ability to deliver results. The company is now poised to execute the next phase of our strategic plan.``

Upon completion of the acquisition of Vegas Wireless, the former shareholders of Vegas Wireless will own approximately 74% of the issued and outstanding shares of BICO. The closing of the transaction remains subject to contingencies typical to transactions of this nature.

< Gaming News

BICO, Vegas Wireless Entertainment to Merge is republished from CasinoVendors.com.