Atlantic to License ICE to CTW

26 March 1999
Atlantic International Entertainment, Ltd. (AIEE) announced this week that it will be licensing its Interactive Casino ExtensionTM (ICETM) software system to Caribbean Trade Winds, Ltd. (CTW), a Commonwealth of Dominica corporation.

The contract calls for multiple casinos being installed over time, with the first casino scheduled for
installation on April 6, 1999.

"We are pleased to announce that the Dominica based CTW, Ltd. has decided to license our gaming and wagering products," Atlantic President and CEO, Richard Iamunno said. "The CTW, Ltd. casino, PairofDice Casino, will cater to both the traditional and interactive gaming and wagering players."

Atlantic International Entertainment, Ltd. develops and markets Internet and private network transaction based products, including global turn-key Internet Casino Extension, for licensed casinos; webSports, an Internet sports wagering system; lottery systems for private, government and fund raising purposes; and bingo for charity and private organization use. The company also offers Internet-related products and services, including sales of handheld wireless computers and e-Commerce.