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Online Gaming Systems, Ltd. (AIEE) Announces Approval Of New Trading Symbol (OGAM) Effective September 28, 1999 OGAM Becomes Effective Tuesday, September 28, 1999 BOCA RATON, Fla., Sept. 27 /PRNewswire/ -- Online Gaming Systems, Ltd., (OTC Bulletin Board: AIEE) announced today that its new stock trading symbol 0GAM has been approved and will be effective on Tuesday, September 28, 1999. Online Gaming System's President & CEO, Richard Iamunno, stated that, "With the approval of the new trading symbol to OGAM, the process taken to change the company's name has now been completed. We look forward to continuing the growth of company under our new banner and symbol Online Gaming Systems, Ltd. (OGAM) . We are look forward to our plans expanding the company's presence and market share in the global Interactive gaming markets going forth as Online Gaming Systems, Ltd. (OGAM)." Online Gaming Systems, Ltd. ( www.ogsltd.com ) develops and markets Internet and private network transaction-based products that it only offers to licensed gaming operators in regulated jurisdictions. These products include: Internet Casino Extension(TM) (ICE)(TM), a growing suite of casino games; webSports(TM), a sports wagering system; Lotto Magic(TM) a lottery system for private, government and fund raising purposes; and Bingo Blast(TM) a multi- player system for charity and private organization use. The company also offers wireless and portable gaming devices through its Las Vegas-based Excel Design, Inc., a wholly owned subsidiary. This press release contains potential forward-looking statements regarding the Company. The future performance of the Company involves risks and uncertainties that could cause actual results to differ materially. Such risks include competition and pricing pressures, dependence on telecommunications carriers, management of growth, customer turnover, technological change, governmental regulation, unauthorized use of technology, system failures and a variety of stock market-related risks. For a more complete description of certain such risks and uncertainties, we refer you to the documents that the Company files from time to time with the Securities and Exchange Commission including 10K filed May 7, 1999, and form 10Q filed May 18,1999. For Investor Relations please contact: Ira W. Miller or Larry Fortune (949) 833-9001 Integrated Corporate Relations / Tom Ryan 203-222-9013 -------------------------------------------------------------------------------- SOURCE: Online Gaming Systems, Ltd. CONTACT: Richard Iamunno, President & CEO of Online Gaming Systems, Ltd., 561-393-6685, or fax, 561-393-1485 | ||||||||||||
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