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Atlantic International Entertainment Works with Cybergold Casinos

21 October 1997

BOCA RATON, Fla. -- Atlantic International Entertainment, Ltd. has announced that it has entered into a license agreement with CyberGold Casino. The agreement is for the license of the Internet Casino Extension (ICE) system. CyberGold Casino, a wholly owned subsidiary of World Interactive Gaming Corporation, intends to base its operations in Antigua. The terms of the agreement represent revenues in excess of $450,000.

AIE President & CEO, Richard Iamunno stated, "CyberGold Casino will represent a unique and exciting gaming venue for players over the Internet. The CyberGold management team is highly professional and committed to extensive marketing programs targeted towards the traditional casino Player. We are excited to have formed a relationship with this cutting edge market-driven organization."

World Interactive Gaming Corp. CEO, Jeff Burton stated: We look forward to entering the interactive gaming global community. Our research tells us that the market will generate gaming revenues in the billions into the next century. Company President Lawrence Blocker stated, "Marketing can be the most important deciding factor to the success of an Internet casino company. CyberGold will offer the market an exciting and unique approach that we feel can help capture a large share of the marketplace. Our reputation has been built on marketing and delivering high quality products and services to our clients. With the license of the Atlantic products we will be providing an exciting new way of entertainment over the Internet for the world to enjoy and have CyberGold emerge as a leader in this rapidly growing market."

AIE develops and markets Internet and Private Network transaction-based products including global turn-key Internet Casino Extension (ICE) for licensed casinos; webSports, its Internet sports wagering product, Hotel Hotlinks, in-room gaming and entertainment system, realSports, an on-line sports information service and Internet-related products and services (The EmiNet Domain).

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