TheInsiders Enters Game Distribution
Fantasy Sports, Inc.
Fantasy Sports, Inc., a wholly owned subsidiary of Silverstar Holdings,
Ltd. (NASDAQ: SSTR), and TheInsiders.com, the online sports network
re-launched by Jim Heckman, founder of Rival Networks, today announced an
agreement under which TheInsiders.com will exclusively distribute the
Fantasy Cup College Football game on its network of more than 120
team-specific and college recruiting sports web sites.
The agreement brings the leading College Football Fantasy Football game
to the targeted audience of avid fans who utilize the Web sites of
Jim Heckman, CEO of TheInsiders.com, said, "This agreement is the
perfect marriage of the network we built over the past four years, plus its
avid sports fans and communities, with the top fee-based fantasy sports
games provider. Not only does this allow our users to play a top-notch
fantasy game, they also will have at their fingertips all the crucial
and inside information from our network that will allow them to flourish
in the game. We think this is an exciting game for our users because
there are no hidden costs, including no additional fees for trades, and
great customer service. These features are in lock-step with our
intention of providing TheInsiders.com users the best, most extensive and
inside experience possible."
Greg Liegey, CEO of Silverstar Holdings, said, "This distribution
agreement is a further step towards realizing Fantasy Sports' goal to
establish itself as the leading fee-based fantasy sports games provider. We
think this is an excellent agreement that will bring great value to
both sides. With its superb network of over 90 team specific sites we
feel that TheInsiders.com network offers us access to an ideal client
base. We are one of the few full-service fantasy games providers with not
only a completely interactive web site, but also a fully trained,
toll-free, customer service center which is manned seven days a week, as
well. Our full-service infrastructure and dedication to consumer service
will provide a new level of enjoyment to avid College Football fans
throughout TheInsiders.com network."
How The Game Works
Each participant will have a $10 Million imaginary spending budget with
which to purchase eight Division 1-A football schools. Each school
will be valued from a high of $2.225 Million for Oklahoma University down
to a low of $300,000 for Army or Navy. Participants will score points
based on how their schools perform in each weeks games. Participants
can trade up to four of their eight schools every week at no charge.
The top 250 scoring teams will win overall and the top 100 scores win
each and every week. All total there is more than $70,000 in cash and
prizes awarded, including a Grand Prize of $10,000! The entrance fee is
$99.95 and, as a special bonus, if you opt out of your mailings you
will receive a second team absolutely free. The season starts September
7th and runs through the remainder of the 2002 season.
About Fantasy Sports
Fantasy Sports, Inc., founded in 1993, is one of the oldest and largest
providers of predominantly fee-based fantasy sports games, accessible
through their website at www.fantasycup.com (www.fantasycup.com). The company runs
highly successful first half of the season, second half of the season
and individual NASCAR race challenges, as well as a College Football full
season challenge and a College Basketball Tournament challenge.
Fantasy Sports' subscription based games also provide easy access for free
play through the US mail.
About Silverstar Holdings
Silverstar Holdings Ltd. (Nasdaq: SSTR) is a publicly traded company,
focusing on investing in businesses that stand to benefit from the
economies of scale generated by Internet and other technology related
platforms. It currently owns Fantasy Sports, Inc., a dominant provider of
fee based NASCAR related and other fantasy sports games; as well as a
33% fully diluted stake in Magnolia Broadband, Inc., a company developing
broadband wireless applications.
Based in Seattle, Wash., and re-launched in 2001 by Jim Heckman, the
founder of Rival Networks, TheInsiders.com (www.theinsiders.com) online sports
network features the best college recruiting, college team, professional and
high school team insiders in the country. Heckman's team, including the
original Rivals CTO and core-engineering team, has partnered with Brian
Kosar and Kosar Investment, Inc., and Doug Moore and Vulcan Media to
provide the most extensive and inside sports content in a network also
featuring next-generation online technology.
TheInsiders Offers Fantasy Cup
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