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Applied Gaming Solutions Announces U.S. Private Placement.

18 September 2000

CALGARY, Canada – (Press Release) --Sept. 18, 2000 - Applied Gaming Solutions of Canada Inc. (AGC) announces the corporation has negotiated a $250,000 U.S. ($375,000 CDN) non- brokered private placement for the sale of units of AGC to Argonaut Associates Ltd. The private placement is subject to regulatory acceptance.

Each unit consists of one common share and one common share purchase warrant. The unit price is $0.22 less the allowable discount under CDNX policies and the warrant price is $0.22 with no discounts, exercisable within 18 months. The funds will be used for the continuing operations of the Corporation in Canada and Vietnam.

Applied Gaming Solutions of Canada Inc. is a global leader in the outsource management of online lotteries, e-gaming solutions and related professional services for delivery to a growing audience of international governments.

Today, AGC leads the technical and marketing support activities for the on-line lottery system run by the Construction Lottery of the Capital- Hanoi.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

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