SAN MARCOS, Calif., Oct. 23, 2001 (PRIMEZONE) -- Global ePoint, Inc. (the Company) (Nasdaq:GEPT) today announced that it has set its annual meeting for December 14, 2001 for shareholders of record on November 4, 2001.
About the Company
The Company has provided effective technologies for transaction automation since its formation in 1991. The Company pioneered the development of the instant ticket vending machine for lotteries worldwide and has sold, designed, leased, and serviced high-security vending machines both domestically and internationally. In June 2001, the Company sold its assets used in its existing lottery business, relating to the manufacture, sale, lease and service of instant lottery ticket vending machines. The Company is now proceeding with plans to enter into new market opportunities.
Any forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, successful completion of proposed funding raises, which may be necessary for us to implement plans to develop new market opportunities, continued acceptance of the Company's products and services in the marketplace, new products and technological changes, the Company's successful entry into new markets, the Company's ability to increase its customer base, as well as general political and other uncertainties related to customer purchases, the Company's ability to obtain the rights to on-line lotteries and its ability to generate income for such operations, the Company's ability to generate cash flow sufficient to sustain operating activities and other risks detailed in the company's periodic filings with the Securities and Exchange Commission.