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Youbet.com Announces Launches Online Horseracing Product27 March 2001WOODLAND HILLS, California--(Press Release)--March 27, 2001-- Youbet.com Inc. (Nasdaq:UBET), the leading online live event and wagering company for the horseracing industry, today announced the launch of Youbet Express, the new Web-based version of its core horseracing product line. Available to Youbet subscribers with Internet Explorer 5.0 or higher, the new product offers the instantaneous online excitement of live horseracing on the Youbet Racing Network, supported by state-of-the-art technology. With the new online version, horseracing fans will enjoy immediate access to concurrent streams of live odds, results, late changes, minutes to post, audio and video from more than 60 racetracks without having to install a CD-ROM. Youbet Express takes advantage of recent advances in expert systems, data broadcasting and distributed computing to deliver a rich, personalized user experience. ``The launch of Youbet Express is a major operational milestone for the company,'' said Ron Luniewski, executive vice president and chief operating officer. ``This new platform enables horseracing enthusiasts to access the Youbet Network at the speed of the Internet, without having to wait for the delivery and, for some, the difficult installation of a CD-ROM. ``This gives users immediate access to Youbet's interactivity and breadth of content, such as handicapping data, statistics, odds, live commentary and streaming media, while expediting the wagering process. ``Additionally, our ability to customize and personalize content is unique within our industry. We believe the richness and technological innovation of the Youbet Express platform strengthens Youbet.com's position as the premier online destination for horseracing fans, and creates an easy way for new fans to sample the thrill of horseracing,'' Luniewski added. The company has commenced a comprehensive and integrated marketing and public relations launch for Youbet Express to bring the experience of online horseracing and wagering to a broader audience of sports enthusiasts and Internet users, in addition to horseracing fans and experienced handicappers. |