Intersphere Communications: Online Wagering Software on the Rise

2 November 1998

PLYMOUTH MEETING, Pa. -- Intersphere Communications Ltd., a Philadelphia interactive agency and subsidiary of publicly traded Interactive Gaming & Communications Corp. (OTC Bulletin Board: SBET), has issued a software license to 1X2 Betting, Ltd. for its LiveAction Gaming Platform(TM) and LineMaster Sports Wagering System(TM).

1X2 Betting will be operating an online sportsbook from Antigua, focused on a market including Sweden, Norway, and other Scandinavian countries. Events featured will include European soccer, Swedish Horse Racing, Formula One, and NHL Hockey, among others.

The LiveAction Gaming Platform a gaming management system for managing and operating an Internet or phone-based sports book or online casino. It consists of two optional modules including the LineMaster Sports Wagering System, and the Java-based HouseAdvantage Casino Management system.

Intersphere Vice President Jeffrey Erb, said "We are excited about the expansion of our online wagering software into other European marketplaces, and look forward to continued growth and further development of our software."

Intersphere Communications Ltd. is an online development company whose client base includes Metro Goldwyn Mayer (MGM Interactive), Comcast, Chelsea House Publishing Co., 123 Casino, The Philadelphia Ad Club, and many others. More information can be found at http://www.intersphere.com.