Kiosks.org Kiosk Newsbit


Kyocera Management, Ltd. Announces Lottery Opportunity in China        
                       (Business Wire; 03/08/99)                       

NEW YORK (March 8) BUSINESS WIRE -March 8, 1999--The Board of Directors of 
Kyocera Management, Ltd. (OTC BB:KYOM) announces that it has entered into a 
Memorandum of Understanding with a company domiciled in the Peoples Republic of 
China ("China") to establish a joint venture to market a government sanctioned 
lottery in China.

The lottery would mirror the systems presently being used in the United States 
and Canada, with extensive controls and reporting.

The Company has targeted a city in China with a population in excess of eight 
million people to launch the project. The installation of approximately 200 
electronic lottery kiosks is expected during the first phase of operations.

The lottery project confirms the focus of the Company to engage in businesses 
which have established and proven management, and provide significant cash flow 
opportunities

The Company is currently preparing its Form 10-SB registration statement for 
submission to the S.E.C. to enable it to become a reporting issuer.  On Behalf 
of the Board of Directors Bruce Ransom, President

Statements included in this press release which are not historical in nature, 
are intended to be, and are hereby identified as "forward-looking statements" 
for purposes of the safe harbor provided by Section 21E of the Securities 
Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking 
statements may be identified by words including "anticipate," "believe," 
"intends," "estimates," "expect," and similar expressions. The Company cautions 
readers that forward-looking statements, including without limitation, those 
relating to the Company's future business prospects are subject to certain 
risks and uncertainties that could cause actual results to differ materially 
from those indicated in the forward-looking statements.




Thanks Kinetic!

© 1998 Kiosks.Org.
All Rights Reserved.