Pegasus Gaming Feature Story on the AOL Small Cap Channel
PHOENIX, AZ, Oct 07, 2005 (MARKET WIRE via COMTEX) -- Pegasus Gaming Corp. (PGGG) (http://www.PegasusGaming.com), an I-gaming software and e-commerce services company with exclusive licensing rights for Europe and Africa, is pleased to announce that Pegasus was recently featured on the AOL(R) Small Cap Channel as the feature story.
The AOL(R) Small Cap Channel is a national media brand dedicated to reporting the news, developments and achievements of Small Cap Companies.
The gaming industry is booming at the moment with news that SportingBet has offered to purchase Empire Online for over USD$1.5 Billion. SportingBet is the Number One online sports gaming site in the world. In addition, the world's largest online casino operator, 888 Holding plc, parent company of Pacific Poker, one of the world's largest online Texas Hold'em Poker Rooms, announced plans for an IPO on the London Stock Exchange. The company held its IPO at GBP 1.75 per share, reflecting a market cap of GBP 590 million ($1.04 billion USD).
"The online gaming Industry has hit full stride and Pegasus Gaming is now positioned to take full advantage of this growing trend," stated Pegasus Gaming President & CEO, David Cheng. "This exposure for Pegasus truly establishes us as a player in the online gaming industry."
To access the AOL Small Cap Channel, you must be an AOL Canada subscriber. In the Keywords box, enter the term "small cap" and it will take you to the AOL Small Cap Channel.
About AOL Canada Inc. www.aol.ca
AOL Canada is a wholly owned subsidiary of America Online, Inc., which is the world's leading interactive services company with more than 26.5 million members worldwide. AOL Canada provides enhanced Internet experiences to Canadians. Representing a portfolio of pioneering Internet brands including AOL, Netscape and CompuServe, AOL Canada Inc. continues to change and enhance the scope of what people can do online. AOL Canada is dedicated to helping people get more out of their Internet with new Internet innovations that offer more control, better security, more versatility and a more enjoyable experience.
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Pegasus Gaming Corp.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
Contact:
AGORA Investor Relations
888-696-1853
PGGG@Agoracom.com
http://www.agoracom.com/IR/Pegasus
SOURCE: Pegasus Gaming Corp.
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