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Dot com Announces On-Line Bingo Technology License Agreement

Punto's on-line Bingo system was delivered and installed at its facilities in Costa Rica on January 11, 2001.

``As is typical in our on-line Bingo license agreements, Punto will remit to dot com an up-front installation fee and future royalty payments, which will based on Punto's on-line Bingo revenue'' said Scott F. White, dot com's President & CEO. ``We expect to generate cash-flow from Punto's on-line Bingo operations in this financial quarter.''

dot com's business strategy is to take advantage of its first mover status in on-line Bingo technology development to help grow the e-Bingo category and move part of the estimated $70 billion spent in land-based Bingo halls to the web.

The company estimates that the current on-line Bingo market is a $25-35 million sector of e-commerce. If just 1% of land-based Bingo play moves to the web, this micro category of e-gaming could grow to exceed $700,000,000 over the next few years.

dot com is a fully-reporting, SEC registered company, which is focused on the development, delivery and support of Internet entertainment software systems, such as on-line Bingo, on-line Casino and other related products and services. The company is focused on improving the way that Bingo is played on the Internet - for money, for free and in the charity sectors.

dot com is also now actively promoting the license of its Internet Casino technology, which has been extremely well received by prospective licensees who have previewed the software over the past few months. The company is aggressively pursuing the conversion to its technology and services of existing Internet Casino operators, through competitive pricing and state of the art JAVA, Flash and downloadable technology.

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