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[DL] Pinnacle news



Title: Pinnacle news
January 11, 2001
For Immediate Release
Contact:
Steve Peterson
Cybergames.com
415-884-3480
steve@herogames.com

CYBERGAMES.COM, PINNACLE ENTERTAINMENT GROUP UNDO ACQUISITION

Novato, CA - Cybergames.com announced today that its acquisition deal for Pinnacle Entertainment Group, entered into late last year, has been rescinded. Control of Pinnacle Entertainment Group has been returned to the majority shareholder of Pinnacle Entertainment Group, Shane Hensley. "After reviewing a wide variety of issues, we have mutually decided that it's in the best interest of both parties to undo this deal," said Cliff Perotti, President & CEO of Cybergames.com. "Cybergames.com will be able to focus on its other properties, and Pinnacle will be able to focus on its product lines."

Pinnacle will continue to operate out of their Virginia offices. Sales and other inquiries regarding Pinnacle products should be directed to Shane Hensley at 540-381-8480.

Cybergames.com is a diversified, fast-growing entertainment company producing roleplaying games, card games, miniatures, board games, fiction, software and online entertainment. Wholly owned subsidiaries include Hero Games, Obsidian Studios and Emperors Choice Games & Miniatures.
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- Steve Peterson, Cybergames.com