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Merger By Incorporation Of Nova Prima S.r.l. Into Lottomatica
S.p.A. Execution Of The Merger Deed
ROME, Italy (December 20, 2006) --
Today the merger deed has been executed through which
Lottomatica S.p.A.
(Lottomatica) has merged (the Merger) its 100%
subsidiary Nova Prima S.r.l. (Nova Prima).
As previously reported, the Merger
is conceived within GTECH Holdings
Corporations acquisition and is aimed at both optimizing and
simplifying the control structure.
GTECH Holdings Corporations
acquisition was concluded on August 29, 2006, by Lottomatica through its
subsidiary Gold Holding Co., subsequently on October 16, 2006 GTECH Holdings
Corporation was incorporated into its subsidiary GTECH Corporation (GTECH
C.), and Gold Holding Co. changed its corporate name to GTECH Holdings
Corporation (GTECH H.).
As the Merger is a related party
transaction, this press release has also been issued in accordance with Article
71-bis of Consob Regulation No. 11971 of May 14, 1999, as amended and
supplemented.
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Even though the Merger has been
executed between related parties, it does not involve any specific risk of
conflict of interests. Furthermore, it has to be pointed out that the sole
director of Nova Prima is also managing director and general manager of
Lottomatica.
Features, terms and conditions of
the Merger Since Lottomatica owns the entire corporate capital of
Nova Prima; therefore, the Merger has been carried out in accordance with the
simplified procedure provided for by Article 2505, second paragraph, of the
Italian Civil Code, and neither the reports of the administrative bodies of
Lottomatica and Nova Prima on the merger plan pursuant to Article
2501-quinquies of the Italian Civil Code, nor the experts report on the
fairness of the exchange ratio under Article 2501-sexies of the Italian Civil
Code have been drafted. In compliance with the merger plan, the merger deed
provides that the Merger will be executed:
- on the basis of
Lottomaticas financial statements as of 30 June 2006 and of Nova
Primas financial statements as of 28 June 2006 (supplemented by financial
statements as of 30 June 2006); and
- through cancellation without any
exchange of the quota of Nova Prima, representing its entire corporate capital,
owned directly by Lottomatica, and without assigning of Lottomaticas
shares in exchange of the quota of Nova Prima held by it ,nor with any
cash settlement.
As regards accounting and tax
purposes, the activities carried out by Nova Prima will be recorded in the
financial statements of Lottomatica as of January 1, 2006. The effective date
of the Merger vis-à-vis third parties shall be the date of the last of
the registration of the merger deed provided under article 2504, second
paragraph, of the Italian Civil Code, whereby Lottomatica will enter into all
the debt and credit relationships of Nova Prima, whose corporate bodies will
simultaneously expire. Lottomaticas by-laws will not be amended in
connection with or as a result of the Merger.
The Merger does not grant any right
of withdrawal under Article 2437 of the Italian Civil Code, nor any other
withdrawal rights.
Related party with which the
transaction has been executed The merging companies are related parties
since Lottomatica owns the entire corporate capital of Nova Prima.
Financial reasons of the
Merger As anticipated, the Merger is aimed at optimizing and simplifying
the GTECH H. control structure. In particular, before the effectiveness of
the Merger:
- Lottomatica held 75% of the
corporate capital of GTECH H., which in turn owned 100% of the corporate
capital of GTECH C.;
- the remaining 25% of GTECH H. was
owned by Nova Prima through its Luxembourg subsidiary Invest Games S.A..
As a result of the Merger,
Lottomatica currently owns 75% of the corporate capital of GTECH H. directly,
and the remaining 25% through Invest Games S.A..
There are no specific reasons for
the Merger other than the above mentioned simplification purpose, which
responds to the interest of the entire Lottomatica group.
Business, financial and results
of operation impacts of the Merger No business, financial or results of
operation impacts will arise from the Merger on Lottomaticas consolidated
financial statements, since the relevant consolidation perimeter will not be
amended.
Impact of the Merger on the
remuneration of the directors of Lottomatica and/or of its
subsidiaries No modification of the remuneration of the directors of
Lottomatica and/or its subsidiaries has been made as a consequence of the
Merger.
SOURCE: Lottomatica S.p.A. Legal
Notice P.Iva 08028081001.
Super 7s Electronic Game Card Being Shipped to Lottery
Retailers
TOPEKA, Kansas, USA (December 14,
2006) -- The immensely popular Super 7s Electronic Game Card is once
again available to the states nearly 1,900
Kansas Lottery retailers. A digital, credit
card-sized version of an instant scratch ticket, Super 7s sold out within
five weeks when it was introduced by the Kansas Lottery back in June. The
Lottery has now received a second shipment of 120,000 Super 7s cards and
will begin shipping them to retailers today.
Our players like the
extended play and interactive technology of the Electronic Game Card and
theyve been asking for more, said
Ed Van Petten, Executive Director
of the Kansas Lottery. We expect this second shipment of Super
7s to sell very well, especially with the holidays upon us.
With the state-of-the-art Electronic
Game Card, a players winnings are revealed by a digital display, rather
than the player manually scratching the ticket. Each Super 7s card has a
series of 80 plays. All prizes are predetermined, and each card is a guaranteed
winner, with prizes ranging from a minimum of $3 to a maximum of $500.
Anticipating continued
success with the Electronic Game Card, we have already placed an order for a
third shipment of 180,000 cards featuring a Poker-themed game, Van
Petten added. We hope to have the new Poker version available this
spring.
The Kansas Lottery remains only the
second lottery in the nation to offer the Electronic Game Card. The Iowa
Lottery began selling the product last year. Scientific Games markets the Electronic Game
Card under a joint venture arrangement with Electronic Game Card, Inc. Last
year, the Public Gaming Research Institute named the Electronic Game Card the
2005 Lottery Product of the Year.
Players must be 18 to purchase the
Super 7s game or any lottery product. For more information on the
Electronic Game Card, please visit www.electronicgamecard.com
SOURCE: The Kansas
Lottery. CONTACT: Sally Lunsford (785) 296-5708, Email:
sally.lunsford@kslottery.net
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
Will it be Deal or No Deal with The National
Lottery? Hit TV Game Show Comes To
National-Lottery.co.uk
UNITED KINGDOM (December 12, 2006)
-- Hit TV game show comes to national-lottery.co.uk Deal or No
Deal? Its the question that grips millions of viewers every day on the
hit Channel 4 game show.
Now all the thrills of the TV hit of
the year have been brought to an exciting new National Lottery game available
at www.national-lottery.co.uk.
Just like on TV, identical red boxes
contain cash amounts of different values and players have to collect a set of
matching amounts.
And at crucial points during the
game the mysterious Banker will ring, making you an offer its hard to
refuse. Thats when you have to make the big decision Deal or No
Deal?
With a top prize of £100,000,
and costing just £2 to play, Deal or No Deal is shaping up to be one of
the most popular Instant Win Games ever launched at
www.national-lottery.co.uk.
Game play is fun and fast. After
choosing one of the 22 red boxes as your lucky box you then begin to open the
remaining boxes to reveal the amounts inside.
Each box contains a cash amount
ranging from £2 all the way up to £100,000. If you can collect the
right amount of boxes for each value, you win a prize.
But the Banker is on hand to make
sure playing Deal or No Deal is a thrillingly tense Instant Win Game.
The Banker will call and offer a
deal after a player has opened 14 red boxes,. In exchange for your chosen lucky
box, the Banker will allow you to play a Bonus Game which also offers
you the chance to win up to £100,000! Deal or No Deal?
If you decide its No Deal the
main game continues and you open the remaining red boxes. But the Bankers
not finished with you yet!
When you get to the all important
final box hell be back on the phone, offering a final chance to swap the
lucky box you chose at the start.
What will be your decision? Will it
be Deal or No Deal?
The Deal or No Deal Instant Win Game
has been produced by Endemol Gaming and is based on the hit TV show produced by
Cheetah Television producer of the hit TV show and part of Endemol
UK.
Phil Smith, Camelot Commercial and
Operations Director, said: Deal or No Deal is one of the most gripping
TV game shows in the world and were delighted to bring all the
excitement to the world of Instant Win Games.
The game is just as
tense as the TV original and were sure it will prove a big hit with our
players, as well as helping to raise funds for the London 2012 Olympic Games
and Paralympic Games.
The question for our
millions of players is would you like a chance to win £100,000?
Deal? Or no deal?
For further information, please
contact Robert Byrne, Media Relations Manager: 020 7632 5711.
SOURCE:
Camelot media release.
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
New Jersey Lottery Extends Its Specialty Games Contract
with OGT
SAN ANTONIO, Texas, USA (December
18, 2006) -- Oberthur Gaming Technologies
(OGT) announced today a one-year contract extension with the New Jersey
Lottery for the printing of unique instant products offered exclusively by OGT;
including proprietary and licensed games.
Its a real
pleasure for all of us to continue working with the New Jersey Lottery. The
Lotterys sales and marketing team definitely has a hand on the pulse of
the consumer, and is focused on successful instant games, declared
Jim Nulph, Vice President, Sales and Marketing of OGT-USA. We are
particularly proud of the products we have developed with the New Jersey
Lottery, including The Price is Right, Orange County Choppers and
our most recent Hot Tamales, and we look forward to many more exciting
endeavours. We would also like to thank the New Jersey Lottery for its total
confidence during the past five years, and to confirm the dedication and
commitment of our entire organization to exceed their expectations and grow
their business with innovative instant products.
SOURCE: Lyse Trudel, Communications
Officer, Oberthur Gaming Technologies, (+1-514) 254-3600, ext.
101. Information: Diane Connell, Regional Sales Director, Oberthur Gaming
Technologies USA, +1 (215) 855-6337
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
Co-Ops Jackpot For Good
Causes Camelot and Co-op Prove A Winning Team
Raising Over £500,000
LONDON, United Kingdom (December 19,
2006) -- National Lottery operator Camelot
has presented the Co-operative Group with a trophy in recognition of the
staggering half a billion pounds that has been generated for good causes
through National Lottery ticket sales at
Co-operative Group food stores.
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| McCracken, Chief Executive of
Food Retail; Dianne Thompson - Chief Executive of Camelot |
Camelot Chief Executive,
Dianne Thompson, visited the
Groups Manchester head office to present the award to Guy McCracken,
Chief Executive of Food Retail.
The Co-operative Group is one of the
biggest lottery sellers in the UK, with tickets sold in 1152 stores. Since The
National Lottery launched in 1994, sales from Group stores have contributed
half a billion pounds to the fund for good causes, which has benefited all
kinds of people and organisations across the UK.
This year, The National Lottery
celebrated 12 years of raising money for good causes. Over 250,000 grants have
been awarded in support of a diverse range of projects up and down the UK; from
localised activities, such as a school in St Albans that has received
£9,525 to set up an after-school growing and gardening club, to national
investments, such as the £392 million spent on athletics projects.
Accepting the trophy, Guy McCracken
said: We are delighted to have reached the landmark figure of half a
billion pounds raised through lottery sales in our stores. Our customers have
helped to change peoples lives by generating such a huge sum of money for
good causes.
Camelots Director of Sales,
Steve Lucas, who was also at the presentation, said: The Co-operative
Group has been a fantastic supporter of The National Lottery since 1994, and we
are delighted to present them with this award.
Camelot and the Co-op have
developed a genuine partnership over the years, and we have worked together on
all sorts of initiatives to help maximise lottery sales and returns to
good causes in a socially responsible way. This sales and good causes
milestone is a testament to the success of that partnership and of
course the hard work of all Co-op staff.
SOURCE: Camelot Press Office. For
further information, please CONTACT: Alexia Latham, Media Relations
Manager: 020 7632 5747 or Camelot Press Office: 020 7632 5711.
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
Were Going (Research) Camping!
CHICAGO, Illinois, USA (December 5,
2006) -- Independent Lottery Research (ILR) recently revealed
many of our secret research methods at our first Research Camp in downtown
Chicago.
In one short year, ILR has become
one of the nations leading lottery market research companies despite
slowing economic growth and other obstacles. We created industry wide terms,
Joe and Jack, for core players and lapsed, infrequent players, investigated the
effect of increased gas prices on lottery sales, forecasted holiday sales,
measured advertising effectiveness, and many other issues.
So, we decided to let the industry
in our secrets during the first day of the North
American Association of State & Provincial Lotteries (NASPL) Tradeshow
in October.
Attendees from all over the lottery
industry were treated to topics presented by ILR directors ranging from the
re-emergence of ethnographic research, how to use research for new product
development, qualitative and quantitative research techniques, and others.
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The highlight of the camp was when
Leo J. Shapiro, founder of Leo J. Shapiro and Associates and one of the
inventors of consumer and product research, took the stage. Leo talked about
what segmentation is really supposed to accomplish, how to make the most of it,
and what research techniques would be used to discover whether the consumer is
a Joe or a Jack.
Wojtek Bachorski,
sales manager for BETWARE, said
the content was very interesting as I am very interested in looking
outside the box for answers. He added, I felt Ive
learned quite a bit about ILR, the methods used in research and trends, and the
friendly staff.
At the end of the Research Camp, all
attendees were awarded with a Certificate of Completion to commemorate their
experience and ad one more notch to their list of accomplishments.
Plans are already under way for the
Second Annual Research Camp for July 16-17th 2007 in Chicago. With the addition
of the Cubs game that weekend, and much warmer weather, attending next
years Camp is a win-win situation. More information is available at:
www.ilresearch.net/camp.
To find out more about Independent
Lottery Research (ILR) or to purchase a DVD of our Research Camp, call
312-546-5925 or visit the firms website:
www.ilresearch.net
SOURCE: Independent Lottery Research
media release. CONTACT: Margaret Mueller, Phone: 312-546-5925, ext. 3,
Email: margaretm@ilresearch.net.
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
It May Be Christmas
But No ID, No
Sale Camelot Test Purchase Scheme Set For
Another Record Year
UNITED KINGDOM (December 11, 2006)
-- With schools breaking up for the Christmas holidays,
Camelot is warning retailers to be extra
vigilant against selling National Lottery
games to underage players.
The message from Camelot comes as it
announced the latest results of its unique test purchase scheme, Operation
Child. The first nine months of 2006 saw record refusal rates amongst
retailers, building on the record full-year 2005 figures, which saw the lowest
ever sales to test purchasers since the initiative was launched in 1999.
Refusal rates to a test purchaser on
8390 first visits carried out between mid-January and mid-October 2006 were
94.4%. 7,920 retailers refused to sell a lottery ticket on their first test
visit, up from a first refusal rate of 92.7% for the total 10,386 visits
carried out in 2005.
Geographically, the North East led
the UKs regions with 96% of retailers refusing to sell on a first visit.
The North West was very slightly behind on 95.8%, with Scotland & Northern
Ireland coming in third at 95.2%. Greater London retailers made a significant
improvement on their 2005 score of 85%, rising to 92.2% over the first 9 months
of 2006. Retailers in the South West have the most work to do at 88.8% - but
there is still time for their scores to increase before the end of the
year.
Independent retailers are slightly
ahead of Supermarkets with respective first refusal rates of 95.7% and 94.6%.
Camelots Director of Security
John Branscombe said: As these Operation Child results show,
National Lottery retailers are continuing to take their player protection
responsibilities very seriously. We are hoping to better last years
achievements and build on the committed partnership that has been developed
between Camelot and its retailer partners in combating the issue of under-age
sales.
He added: My main advice to
retailers is dont put yourself at risk by making assumptions about a
customers age and especially during the holiday season when
schools have broken up and their shops are busier. If you need to ask how old
the person wanting to play the lottery is, this shows an element of doubt, so
nothing short of photographic ID must be presented before the sale can go
ahead. And remember that under-16s are not allowed to sell lottery
either, so bear that in mind if you take on extra staff to help out over
Christmas.
Steve Lucas, Director of Sales for
Camelot, said: While we are always seeking to maximise sales, and
returns to Good Causes, we also have to ensure that lottery products are sold
responsibly. We work very closely with our retail partners to guard
against underage play and provide them with the right sort of support and
training to implement the necessary safeguards.
We also back this up with
regular retailer vigilance campaigns, which may include staff room posters
covering most common age restricted products, refusal registers, till and
terminal stickers. We will continue to work in partnership with lottery
retailers to reduce the levels of underage sales and save them from the risk of
prosecution.
SOURCE: Camelot Press
Office. CONTACT: Alexia Latham, Media Relations Manager, DL: 020 7632 5747,
SB: 020 7632 5711, M: 07968 939 322.
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
Tchibo and Tipp24 to Sell Lottery Tickets
Together
HAMBURG, Germany (December 19, 2006)
-- The Hamburg-based companies Tchibo GmbH and Tipp24 AG are to offer a lottery product
exclusively for Tchibo customers as of December 29, 2006. The new product will
be available at all of Tchibos approx. 1,000 stores throughout Germany as
well as via www.tchibo.de.
The product will be offered at a
price of 19.99 and be valid for a period of 12 weeks. Players submit
their ticket via the internet. Payment is to be made by means of a voucher code
purchased in the store. Over seven million customers will have the chance to
submit their ticket online at www.tipp24.de/tchibo.
With six numbers for the individual
pick and the automatically generated 144 win-optimized rows, customers will
take part in the lottery draws of the state-run Lotto 6 out of 49.
They can also order the lottery
voucher via the Tchibo home page or place their bets online at
www.tchibo.de and pay by convenient direct
debit or credit card.
"Tipp24.de has developed a new
lottery product exclusively for Tchibo. We are happy to have implemented
another innovative idea with a strong partner, which enables us to pool the
product expertise and reach of Tchibo and Tipp24.de," says Christina Wreth,
Head of Marketing at Tipp24 AG.
About Tchibo
GmbH Tchibo GmbH, headquartered in Hamburg, is one of
Germanys biggest internationally active retail companies. The company has
more than 12,000 employees, and annual revenues of over 3.7 billion.
Tchibo stands for a unique business model/system: The company combines
first-rate roasted-coffee expertise, coffee enjoyment in the catering sector,
and an innovative spectrum of consumer goods items that changes on a weekly
basis, with an extensive range of services such as travel and insurance. To
distribute its products, Tchibo relies on a unique multi-channel sales system
of approx. 60,000 outlets in Germany and beyond.
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About Tipp24 AG:
Tipp24 was established in 1999 and is now the market leader for lottery
products in the Internet on the basis of billings. The company has succeeded in
achieving impressive growth rates right from the start. Almost all state
lottery products are supplied. It only takes a few mouse clicks to buy a
lottery ticket round the clock, quickly and anonymously. The ticket
receipt is kept safely, winners are notified about their prizes automatically
by text message and e-mail and prizes are credited automatically. No extra
charge is made for this service. Subsidiaries of Tipp24 (www.tipp24.de) are
Ventura24 in Spain (www.ventura24.es) and Puntogioco24 (www.puntogioco24.it) in
Italy.
SOURCE: Tipp24 AG Press
Release. CONTACT: Andrea Fratini, Phone: +49 (040) 32 55 33 660, Fax:
+49 (040) 32 55 33 77, Email: presse@tipp24.de
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
Classic Lotto Begins January 21,
2007 New Game To Be Drawn Mondays, Wednesdays
And Saturdays
CLEVELAND, Ohio, USA (December 19,
2006) -- When tickets go on sale beginning Sunday, Jan. 21, Classic Lotto
becomes the new million dollar game in town. Its a traditional or
classic style lotto game in which players choose six numbers from a
pool of numbers from 1 to 49 -- and theyll know at a glance if
theyve won.
Classic Lotto will be drawn every
Monday, Wednesday and Saturday. Its got a $1 price point, a
traditional play style and jackpots starting at $1 million.
The first drawing will be held at
7:29 p.m. on Monday, Jan. 22. If that jackpot isnt hit, its
guaranteed to increase by $100,000. The jackpot is an annuity prize, paid
over 30 years; a cash option is also offered.
Its a classic lotto
game, which players have told us they preferred, says Lottery
Director Mike Abouserhal.
Its a straightforward game, where players can place a $1 wager
for a chance to win prizes by matching three, four, five or all six numbers
drawn.
The game replaces Lot O Play,
which will hold its last drawing Saturday, Jan. 20.
The game matrix
|
Match |
Win |
Odds |
|
6-of-6 numbers |
Jackpot* |
1 in 13,983,816 |
|
5-of-6 numbers |
$1,500 |
1 in 54,201 |
|
4-of-6 numbers |
$70 |
1 in 1,032 |
|
3-of-6 numbers |
$2 |
1 in 57 |
Overall odds of winning any
prize: 1 in 54
*The jackpot prize is divided
equally among the number of 6-of-6 winning tickets.
Classic Lotto overview
Wagering
Information
- Each wager costs $1.
- Players select six numbers from a
pool of 1 to 49.
- Players can choose all their
numbers (manual pick) or use the auto lotto feature for the terminal to choose
all wager numbers.
- Players can give their numbers
directly to the retailer or use a bet card.
The
Drawings
- Drawings are held Monday,
Wednesday and Saturday evenings.
- Monday and Wednesday drawings are
held at 7:29 p.m.
- Saturday drawings are held
between 7:49 p.m. and 7:57 p.m., during the Make Me
- Famous, Make Me Rich TV show.
Winning the
Jackpot
- The jackpot starts at $1 million
and grows by a guaranteed $100,000 each drawing, until the jackpot is hit.
- The Classic Lotto jackpot is an
annuity prize, paid over 30 years.
- At the time of claim, jackpot
winners have the option of choosing the cash option equivalent of the jackpot
prize. The cash option payment is currently 50 percent of the advertised
jackpot.
- By law, the Lottery is required
to withhold 25 percent federal and six percent state tax on the jackpot
prize.
- Jackpot and other winners with
questions on making their claim can call the Lotterys Customer Call
Center at 1-800-686-4208.
- Each retailer selling a
jackpot-winning ticket receives a $1,000 agent sales bonus.
SOURCE:
Ohio Lottery Commission. CONTACT: Mardele
Cohen, Deputy Director, Office of Communications, Phone: 216-787-3309.
NOTE: All rights reserved. This
material may not be published, broadcast, rewritten, or redistributed.
JCMS Intelligent Cash Box Named One Of Best
Productivity-Enhancement Technologies For 2006
LAS VEGAS, Nevada, USA (December 21,
2006) Capping an incredible year that has seen the company selected as
the preferred supplier by the big six gaming manufacturers, and by equipping
nine casinos exclusively with its products, JCM
American has now claimed the honor of having one of the years Best
Productivity-Enhancement Technologies in the fourth annual Gaming &
Technology Awards.
JCMs Intelligent Cash Box
(ICB®) system was selected from thousands of products for the award, which
was presented by Global Gaming Business magazine and Spectrum Gaming Group,
recognizing excellence in innovation and practical application in all gaming
disciplines.
JCM VP of Strategic Marketing Tom
Nieman said, We are thrilled with this honor. Our job at JCM is to
help our customers increase their profits by developing innovative solutions
that help them streamline their operations and increase their efficiency. The
ICB is a perfect example of fulfilling on that promise, and we are very pleased
to be recognized for those efforts.
The Intelligent Cash Box reliably
links cash box to asset and improves the soft count rooms efficiency and
speed. The ICB is a system, not just a cash box, and dramatically improves
casinos accounting operations by automating accounting processes and
thereby eliminating human errors. Its flexible system can easily adapt to any
soft count rooms guidelines.
The ICB speeds up the time it takes
to get data from the soft count room to accounting, generally 50 percent
faster. The ICB eliminates human error in the soft count room by automating
critical manual steps in the count process and providing a triple check for
accuracy.
About JCM American
Corporation JCM American Corporation is the industry leader in
automated transaction handling systems and provides products, software and
services to the amusement, gaming, kiosk, retail, transportation and vending
industries. JCMs progressive spirit continually sets worldwide industry
standards with innovative and award-winning products such as the Universal Bill
Acceptor (UBA®), Intelligent Cash Box (ICB®), Trident ® Table Safe
System, Optipay® cash recycling system and DMV Self-service Kiosk. JCM is a
subsidiary of Osaka-based Japan Cash Machine, with subsidiaries in
Düsseldorf, Hong Kong, London, Macau, and Sydney. For more information,
visit www.jcm-american.com.
SOURCE: Paul Speirs, Steinbeck
Communications, P: 702-413-4278, F: 702-233-3492, E:
paulspeirs@cox.net
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