T& G2 Begins Marketing of Gaming and Technology Products to the EuropeanCommunity
BERNARDSVILLE, NEW JERSEY, Nov 18, 2003 (CCNMatthews via COMTEX) -- T & G2 (OTCBB: TTGG) is in the process of putting together a widespread distribution and marketing program with numerous firms in Germany and throughout Europe. T&G2 is also in the early stages of setting up a German subsidiary company to handle all business conducted in Europe.
Zingo Sales, the Company's Gaming subsidiary, looks to distribute a wide array of gaming products including the Ultimate Bingo games to the European community. There are many different segments including but not limited to: the Internet, bars, restaurants, and the ability to play these games on a multitude of electronic devices. Some of these market segments are not viable in the United States due to regulatory reasons. Other segments are not viable because of the pre-established habits of individuals within the North American market.
The regulatory environment is not easier in Europe than it is in the U.S.A., its just different. It allows for the play of some of the games that Zingo has to offer. Some games that Zingo will never offer to the market in the United States unless the laws were to change. Demo units are in the process of being sent to distributors in Germany and a marketing and distribution plan will be implemented in the next thirty days.
"The market for our games in Germany and Europe is diverse yet very large," said James M. Farinella, T&G2's Chief Executive Officer. "I was shocked to see a fast action form of bingo being offered at a highway gas station on the terminal to pay for the gas. I see a tremendous opportunity for T & G2 to add to the explosive growth that we project for 2004."
About T&G2
T & G2 is an emerging, fast-paced, technology driven provider of leading edge systems and related software, specializing in two distinct, yet rapidly growing markets, Electronic Class II Interactive Games and related Electronic Bingo Gaming Systems, and Personnel Time and Attendance Management.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by T & G2 (TTGG) may differ materially from these statements due to a number of factors. TTGG assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
CONTACT: T & G2
Stephen Taylor
Investor Relations
(973) 351-3868 or Toll Free 1-866-409-8342
Website: www.ttgg.net
