PHOENIX--(BUSINESS WIRE)--July 13, 2005--Pegasus Gaming Corp. (Pink Sheets: PGGG - News; http://www.PegasusGaming.com) is pleased to announce it has retained the services of AGORA Investor Relations Corp. (``AGORA``) (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is twofold. First, to create effective communication between Pegasus Gaming Corp., its shareholders, and the investment community through AGORA`s Internet-based investor relations system. Effective July 20, a customized and monitored Pegasus Gaming Corp. IR Hub (http://www.agoracom.com/IR/Pegasus) will allow both Pegasus Gaming Corp. and AGORA to communicate with all investors simultaneously, anytime and in real time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR Hub will also provide one-click access to the Pegasus Gaming Corp. broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote & chart information, and an executive audio address updated quarterly. In addition, the IR Hub provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the company that is free of spam, bashing, hyping and profanity. Investors can also call in to speak to a Pegasus Gaming investor relations representative by calling the company`s toll-free number at 866-234-9934.
Second, AGORA will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
Pegasus Gaming Corp. President David Cheng, stated, ``Given the company`s recent developments and the excitement being generated in the online gaming industry, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORA fulfills our need to manage and execute an IR strategy in a cost-efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and company will benefit greatly from near real-time communications, regularly planned updates and increased exposure.``
For all future Pegasus Gaming Corp. investor relations needs, investors are asked to visit the Pegasus Gaming Corp. IR Hub at http://www.agoracom.com/IR/Pegasus, where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PGGG@agoracom.com, where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
The terms of the agreement are as follows: Duration - 12 months; Monthly Cash Compensation - $2,000; and Stock Options - 250,000 shares at $1.50 per share. This agreement has been negotiated entirely at arm`s length. AGORA is located in Toronto, Ontario.
About AGORA Investor Relations Corp.
http://www.agoracom.com
http://www.AgoraIR.com
AGORA Investor Relations Corp. (AGORA) is North America`s leading outsourced investor relations firm for small-cap companies. AGORA`s exclusive IR Hub delivers two-way investor relations and communications that provide 100% transparency, accessibility, equality, and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.
About Pegasus Gaming Corp.
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.
Contact:
AGORA Investor Relations
866-234-9934
http://www.agoracom.com/IR/Pegasus
PGGG@Agoracom.com
