February 2nd, 2005
AngelCiti Reports a 16% Jump in Monthly Net Handle
PEMBROKE PINES, Fla., Feb. 2 /PRNewswire-FirstCall/ -- AngelCiti Entertainment, Inc. (OTC Bulletin Board: AGCI - News), an online casino software company, announced today that it had a net handle of over $3.4 million in January, a jump of 16% over the previous month, setting the stage for a banner year in 2005.
AngelCiti President George Gutierrez stated, "We are excited by the increase in handle as we begin our new marketing phase. The online poker industry is red-hot. For example, news this past week indicated that PartyPoker.com, the world's largest online poker company, is considering a public offering of its company's shares with a potential float valuation upwards of $4 billion. That would potentially value PartyPoker higher than companies such as British Airways, ICI and EMI. This news is yet another historic moment in the evolution of the online gaming industry and comes on the heels of a $270 million acquisition of Paradise Poker by publicly traded Sportingbet, whose shares are up over 64% since the acquisition."
Gutierrez continued, "We feel that these watershed events can be only beneficial for additional exposure and market valuation considerations for our Company and set the stage for additional merger and acquisition opportunities, which we plan on pursuing. We feel strongly that AngelCiti and Midas (OTC Pink Sheets: MDAS - News), an online poker operation in which we are shareholders, are both extremely well situated to capitalize on these high- growth industry trends."
About AngelCiti Entertainment, Inc.
AngelCiti Entertainment is focused on acquiring interests in companies that provide software to the online gaming industry. The online gambling market has been booming since its inception and continues to expand at a rapid pace. Industry experts estimate that total gaming revenues could grow from $4.5 billion in 2002 to more than $10 billion by 2005 (Source: Christiansen Capital Advisors). AngelCiti's wholly owned subsidiary Worldwide Management services casinos in English, Spanish, German, Chinese and Japanese. For more information, visit http://www.angelciti.com.



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