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BGI Bank Accounts Seized

1 February 2002

AUSTIN, Texas -- (Press Release) -- Feb. 1, 2002 -- BGI Inc. (OTCBB: BGII) today announced that it has become aware that all of the funds held in the Company's bank accounts located in Texas were seized late yesterday afternoon.

The Company believes that the seizures were made at the request of the Texas State Lottery Commission. In light of this development the Company has advised all operators of locations where its Charity Station machines are located to suspend their operations.

The Company believes it has meritorious bases for reclaiming both its previously seized Charity Station machines and the funds seized from its bank accounts and is vigorously pursuing legal remedies available to it to recover the seized machines and funds.

BGI Inc. is a gaming company that designs, distributes and markets sweepstakes-driven gaming products. The Company's primary product -- the Charity Station -- combines entertaining, interactive games with various sweepstakes incentives, and are extensively used by non-profit organizations as an alternative means of fund raising. These unique products are placed by the Company's charity customers in non-profit venues, social clubs and other non-casino venues. BGI Inc. was founded in 1994 and has offices in Austin, Texas. The Company currently trades on the OTC Bulletin Board under the symbol BGII.

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