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ATI Networks to Acquire Email-Lotto.com4 April 2000MADISON, Wisconsin., April 4 (Press Release) - ATI Networks announced today that it has signed a Letter of Intent to acquire 100% of Email-Lotto.com, a leading online lottery game site. According to PCData Online, Email-Lotto delivers millions of page views to over 270,000 registered subscribers that visit the site daily to play its free lottery. Site revenue is generated by advertising sales. Email-Lotto was the first Free Lotto game on the Internet, and has had more tickets played than any other free lottery game on the net. The purchase price will be paid in restricted shares of ATI Networks (ATIW) Class A Common Stock. The additional visitor traffic and advertising revenue currently generated by Email-lotto.com is expected to significantly benefit the company by increasing traffic to existing websites of ATI Networks, while adding to the company's growing income stream. The company plans to co-brand Email-Lotto with its other sites, and offer buyer incentives to existing Email-Lotto subscribers for making purchases on other ATI Networks family websites. ATI Networks is a public company that is building a global e-business by leveraging its online technologies and proven marketing technologies to create compelling, high volume, high margin, websites. The company plans to continue expanding its exciting community of sites that enable people to carry on retail and B2B commerce, download digital audio and video media, while fostering a feeling of community among site visitors. Additional information is also available on the company's website at http://www.atinetworks.com . |