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AIE Announces Partnership with Ozemail Limited (OZEMY)23 August 1997Boca Raton, Florida -- Atlantic International Entertainment, Ltd. announced that it has entered into a Strategic Partnership with OzeMail Limited, Australia's leading Internet access & solutions provider. The agreement calls for the joint marketing and sale of Atlantic's interactive gaming product line and OzeMail services in Australia, New Zealand and Asia. As a platform to facilitate the growing Interactive gaming demand in the region the companies have developed a Virtual Private Network (VPN) communications solution. The VPN solution will allow direct cost effective access by players to individual gaming sites. Additional products and services that will be jointly developed are planned to be offered to meet the growing demands of the interactive gaming marketplace. Industry analyst's value the interactive gaming market growing to 8 billion dollars by the year 2000. AIE President & CEO, Richard A. Iamunno stated "OzeMail is Australia's leading Internet solutions company. By forming this Strategic Partnership a true turn-key interactive solution can be presented to the established and regulated gaming & wagering community in Australia, New Zealand and Asia. Our commitment to the Australasian markets required a strong and aggressive Internet Solutions partner. With the combination of the Atlantic gaming systems and OzeMail's Internet & communications capabilities the industry leader has been established" |