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Home Gambling Network In Negotiations Regarding European Master License

30 October 2000

LAS VEGAS, Nevada -- (Press Release) -- Oct. 30, 2000 -- Home Gambling Network Inc. (HGN) today announced that it is involved in negotiations with a significant European based entity for the purpose of entering into a License Agreement whereby the European entity will become the master licensor of HGN's method of wagering in Europe for all wagering on live games and events (non-virtual meaning no random number generators) to remote customers with the convenience of electronic transactions.

Once the master license is granted by HGN, the European based entity will effectively market the patented method to operators and consumers alike throughout the world in a joint effort with HGN's world headquarters in Las Vegas, Nevada USA. The agreement will cover those forms of wagering that people are currently enjoying while gambling at land based casinos, sportsbooks, race tracks, OTBs etc.

Las Vegas-based HGN, a wholly owned subsidiary of publicly traded i2corp.com OTCBB: ITOO, holds U.S. Patent 5,800,268 for remote wagering on live games and events utilizing electronic financial transactions.

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