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IGN Provides E-Commerce Services16 June 2000Vancouver, BC, June 16, 2000 (Press Release) - IGN Internet Global Network Inc. (NASD OTC BB - IGNIF; CDNX - IGN) is pleased to announce its first European client for the provision of financial transaction-processing services using IGN's proprietary e-commerce system. Through its subsidiaries, IGN has signed a major agreement with a European gaming company whereby IGN will provide complete transaction-processing services in exchange for a flat fee for each transaction processed in addition to a monthly flat fee for administration and gateway. Revenues from this agreement will complement the growing revenues from the Company's Internet gaming operations and other e-commerce initiatives. IGN intends to unveil three new themed Internet casinos over the coming months, with the first being Wild Wild West Casino (www.wildwildwestcasino.com), a unique gaming experience based on IGN's award-winning casino software infrastructure, Casinos of the World. Casinos of the World version 3.0 will be released in July 2000, with a range of new features and enhancements. IGN offers a complete range of both onshore and offshore e-commerce services, including: real-time Internet credit card processing, a robust reporting facility, and access to offshore banking and merchant accounts. IGN is now able to offer its e-commerce services to companies in a wide variety of industries, particularly that of Internet gaming through its offshore subsidiaries. IGN Internet Global Network Inc. is developing a variety of content divisions on the World Wide Web, with an emphasis on Internet gaming and e-commerce. IGN's Internet gaming software, Casinos of the World (www.casinosoftheworld.com), has won numerous industry awards and continues to be rated by its customers among the Internet's best virtual casino experiences. |