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Analyst: Keep Eye on

26 Sep 2002

SOLVANG, California --(Press Release)-- Larry Oakley of the Wall Street Corner has once again focused his attention on ITOO (OTC BB: ITOO) as a special situation for his subscribers. "I've been following ITOO since May 2001. This is an update. Incidentally, I noticed that ITOO went up 14.29% to 0.08 yesterday (9/24/2002) during the time the Dow went down 188.95 to 7,683.20 -- bearing out once again my contention that special situations often move based on their individual merit rather than tracking the Dow or the overall economy "stated Mr. Oakley.

"Keep in mind that ITOO holds Patent 5,800,268 which covers remote wagering on live games & events with electronic financial transactions. Management is now defining its development strategy & timeline -- Chris Almida tells me ITOO will release a target date for production & beta testing soon. I like this new direction ITOO is taking. Stay tuned."'s Home Gambling Network (HGN) U.S. Patent 5,800,268 covers all remote wagering on live games and events with electronic financial transactions and it is management's belief that it is poised to become the de facto standard for the remote wagering industry worldwide. The patent has been applied for in Australia, Canada, and European Patent Office. The European patent was published in November of 1999.

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