GameZnFlix, Inc. is Approved for Trading on Third Segment of the Frankfurt Stock Exchange.MONDAY , FEBRUARY 23, 2004 06:30 AM
FRANKLIN, Ky., Feb 23, 2004 /PRNewswire-FirstCall via COMTEX/ -- GameZnFlix, Inc. (OTC Bulletin Board: GZFX) (Berlin: PQJ.BER WKN: 164641), an online DVD and video game subscriber service, announced today that it has been granted permission to trade its shares on the Third Market Segment of the Frankfurt Stock Exchange. The German trading symbol will be "PQJ.FSE" and the German securities code: (WKN) will be 164641.
GameZnFlix CEO, John Fleming commented, "We are very pleased to have been approved for trading on the Frankfurt Stock Exchange. Being Dual-listed on both the Frankfurt and Berlin Stock Exchanges should increase the profile of GameZnFlix with both private and institutional investors in Germany and across Europe as we continue to expand our European presence. The listing on the Frankfurt Stock Exchange is timely as I will be in Germany in mid-March to meet with European industry specialists who have expressed interest in our company."
The Frankfurt Stock Exchange:
The FWB Frankfurter Wertpapierborse is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It accounts for more than 75 percent of the total securities turnover in Germany and is therefore the most important of the eight German stock exchanges. The public guarantor of the FWB is the Deutsche Borse AG whose duty it is to ensure the full viability of trading in securities. With the support of state- of-the-art computer-based trading, processing and information systems the Frankfurt Stock Exchange has been able to keep pace with the ever-increasing demands of the international stock market business. There is a full spectrum of computerized security trading available through Xetra(R) in addition to the traditional floor trading. Xetra(R) was established in November 1997 and has enabled the FWB to consolidate its existing competitive edge and create an attractive framework for international investors and market participants. The cosmopolitan atmosphere Frankfurt enjoys is demonstrated in the membership structure of the stock market where more than 70 foreign banks and financial service companies are counted among the total of more than 330 members.
GameZnFlix, Inc. currently markets its video game rentals through its wholly owned subsidiary, www.VeeGeeZ.com and in the near future will be opening a new website www.GameZnFlix.com to offer DVD movies, video game rentals and other entertainment projects. The company has currently has two distribution centers, Los Angeles, California and Franklin, Kentucky. The business model plans for an additional two to three more distribution centers within the United States and the opening of GameZnFlix in the United Kingdom during 2004.
For more information contact John Fleming (270) 598-0385 or visit the following websites:
GameZnFlix, Inc.: http://www.gamezflix.com
Veegeez.com, LLC: http://www.veegeez.com
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
SOURCE GameZnFlix, Inc.
CONTACT: John Fleming, CEO and President of GameZnFlix, Inc.,
+1-270-598-0385
URL: http://www.gamezflix.com http://www.prnewswire.com
Copyright (C) 2004 PR Newswire. All rights reserved.
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KEYWORD: Kentucky
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STOCK SYMBOLS: [(gzfx)]