TORONTO, June 3, 2003 (PRIMEZONE) -- FirstBingo.com (OTCBB:FBGO) is pleased to announce that it has entered into a production agreement with Second City Entertainment, the birthplace of such stars as Mike Myers, John Candy, Martin Short and Eugene Levy and the creators of the multiple EMMY Award winning SCTV series. Under the terms of this agreement, Second City will provide expertise, resources and Executive Production services in support of the production and television delivery of First Bingo's "Trivia Bingo TV" Series.
Second City will provide:
-- Television Production
Design, Pre-production, Casting, Provision of Second City Talent
and Studio facilities. A minimum of 13 x 30 minute "Trivia
Bingo TV" episodes will be created for North American
Broadcast
-- Canadian Broadcast Clearances
National clearance in the Canadian Marketplace for Fall 2003
-- U.S. Broadcast Clearances
Working in association with First Bingo's authorized distribution
agent (Mansfield Television) for U.S. market development and
launch of series in 2004;
-- Advertising Sales - Canadian Clearances
Exclusive Canadian sales to Advertising agency media buyers
as well as client direct sales to targeted accounts;
-- Prizing - Canadian Clearances
Coordination of prizing inventory for the TV Series in Canada;
-- Advertising Sales - U.S. Clearances
Working in association with First Bingo's authorized distribution
agent (Mansfield Television) for US Advertising / Sponsorship
sales
-- Production Office Space
All necessary production office support for the creation and sale
of the TV program in Canada;
"This is a great opportunity for the company and our show," commented FirstBingo's president Mr. Wachter. "In joining forces with such a well established organization as Second City, will have a fantastic product with which to go to market."
Mr. Wachter continued, "With Second City providing the production and FirstBingo providing the technology to converge the two mediums, this will truly be a tremendous debut for the company."
About FirstBingo.com:
FirstBingo.com specializes in the development and production of multimedia properties, most notably an innovative and exciting Internet/television game show called TriviaBingo.com. The company combines the skill-testing question aspect of trivia with the excitement and popularity of Bingo. Users to the site (www.firstbingo.com) are able to compete for a variety of prizes and cash giveaways. More importantly, by participating online, players may qualify to appear on FirstBingo.com.'s TV TriviaBingo program and compete to win even larger cash and prize giveaways.
A cautionary note to investors as certain information contained in this press release may be 'forward-looking statements' and not based on historical fact. Such matters involve risk and uncertainties that may cause actual results to differ materially, including: changes in economic conditions, general competitive factors and the company's ability to execute its business model.