PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for December 19, 2003 Subscribe to this News Feed    
 

Cincinnati, OH December 16, 2003 Games, Inc. (NASDAQ: GMSI), today announced it has engaged Wellfleet Partners, Inc.

Games, Inc. ("Games")today announced that it has engaged Wellfleet Partners, Inc. (Wellfleet"), a boutique investment and merchant banking, venture capital and financial services and management consulting firm.

(PRWEB) December 19, 2003 --Games" today announced that it has engaged Wellfleet Partners, Inc. Wellfleet", a boutique investment and merchant banking, venture capital and financial services and management consulting firm. "This relationship is the first step in the implementation of our new strategic initiative," said Myles Cairns, Games Inc.'s Executive VP and CFO, noting that his company is currently discussing both acquisition financing and various strategic partnering with corporate portfolio and high net worth clients of Wellfleet.

Cairns said the selection of Wellfleet continues a process in which Games has sought out synergistic relationships to further its expansion in the Internet and online games business. "Wellfleet has a unique understanding of our online Web games, Lottery Online business and the potential business opportunities they foster," said Cairns. "We believe Wellfleet will be helpful in developing and implementing Games financial strategy and we look forward to a mutually beneficial and long term relationship", said Mark Lev, Chairman and CEO of Wellfleet.

About Wellfleet Partners
Wellfleet Partners, investment banking and is a boutique venture capital and management consulting firm. It invests in and/or sources capital for emerging private and publicly traded small to medium sized growth companies. In its 6 year history, it has over 100 portfolio companies.

About Games
Games, Inc. and its subsidiaries own and operate a compelling collection of online businesses engaged in interactive entertainment, online media and value-added information service providing subscribers with access to entertaining proprietary content via the Internet. The Company and its subsidiaries operate a branded network of web sites targeting three allied areas of interactive entertainment: government sponsored lotteries, Internet games, and digital greetings. In addition, we continue to develop and manage a large opt-in e-mail database. We currently own and operate leading games and entertainment sites that include:
www.Lottery.com    www.GameLand.com    www.SkillMoney.com    www.Cards.com

Safe Harbor
This press release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. For certain information regarding these risks and uncertainties, reference is made to Games Annual Report on Form 10-K/A for the fiscal year ended June 30, 2003 and the Quarterly Report on Form 10-Q for the period ended September 30, 2003.
###
Media Relations Contact:         
Sue Craner,
513) 721-3900   
Investorrelations@gamesinc.net
www.gamesinc.net

OPTIONS
Printer Friendly Version
Email this story to a colleague
CONTACT INFORMATION
Myles Cairns
GAMES, INC.
513.721.3900
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.