AGORA Investor Relations Comments on Unsolicited Faxes Featuring Pegasus Gaming


TORONTO, Oct. 10, 2005 (PRIMEZONE) -- AGORA Investor Relations (www.Agoracom.com), a leading North American outsourced Investor Relations firm, wishes to announce that it is in no way connected to, and has not authorized, a spam fax campaign on Pegasus Gaming (Pink Sheets:PGGG) initiated by an entity referred to as "SuperStock".

AGORA Investor Relations wishes make it unequivocally clear that neither it, nor its client Pegasus Gaming, has authorized or generated any of these unsolicited fax communications.

This press release is available on the Company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit Pegasus Gaming's IR Hub located at http://www.Agoracom.com/IR/Pegasus . Alternatively, investors can e-mail AGORA Investor Relations directly at PGGG@Agoracom.com.

About AGORA Investor Relations (http://www.Agoracom.com)

AGORA Investor Relations is North America's leading outsourced IR firm for micro and small cap companies. AGORA provides clients with a fully outsourced investor relations department that is tailored for small cap budgets.

About Pegasus Gaming Corp. (http://www.PegasusGaming.com)

Pegasus Gaming Corp. is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including casino, sports betting, and pari-mutuel horse betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.

To view the corporate presentation with sound, please click on the following link:

www.pegasusgaming.com/slide.pps.

The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Pegasus Gaming Corp.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.



            

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