PEMBROKE PINES, Fla., June 3, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTCBB:AGCI), an online casino software company, today announced that Larry Hartman, Co-Founder of AngelCiti Entertainment, Inc. will conduct a CEO Webcast so that shareholders and the investment community can learn more about the current and future prospects of AngelCiti Entertainment. The webcast is conducted by Evergreen Marketing, Inc. and will be available to the general public on June 7, 2005 on The Green Baron Investors Society's website at www.TheGreenBaron.com.
The CEO Webcast with Larry Hartman, Co-Founder of AngelCiti Entertainment, Inc. will be conducted by Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society. For more information about Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society visit them on the web at www.EvergreenMarketingInc.com and www.TheGreenBaron.com.
About AngelCiti Entertainment, Inc.
AngelCiti Entertainment is focused on acquiring interests in companies that provide software to the online gaming industry. The online gambling market has been booming since its inception and continues to expand at a rapid pace. Industry experts estimate that total gaming revenues could grow from $4.5 billion in 2002 to more than $10 billion by 2005 (source: Christiansen Capital Advisors). AngelCiti's wholly-owned subsidiary Worldwide Management provides gaming software to online casinos including SharkCasino.com, and currently services casinos in English, Spanish, German, and Chinese. For more information, visit http://www.angelciti.com. AngelCiti owns 3.1 million shares in Midas Entertainment, Inc. (Pink Sheets:MDAS), a publicly traded online poker software company. Recent estimates from industry insider PokerPulse.com note that over $200 million is wagered at online poker sites daily.
This news release contains forward-looking statements regarding AngelCiti's business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and AngelCiti disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in AngelCiti's expectations or future events.