TROPIKA AND EDEAL TO MARKET FIRST-EVER CASINO CHIP AUCTION

TORONTO, Canada 
February 16, 2001

     John Ashbee, Chairman and CEO of Tropika International Limited (www.tropika.com), announced today that the company has entered into an agreement with Edeal (www.edeal.com) to develop and market a casino chip auction for flagship Fairplay Casino. Tropika and Edeal will develop and market CasinoChipAuction.com as the site for the auctions. 

    This program is a new type of promotion for gaming sites, being developed by auction experts Edeal.  CasinoChipAuction.com will allow gaming enthusiasts to bid on bundles of chips from Fairplay Casino.  The value of the chip bundles will range from $10 to $150 and will be redeemable by playing at Fairplay.com.  The discounts available on chips will draw players to the casino, while still representing a considerable reduction in the cost attached to attracting players to a gaming site.  Edeal will manage the novel auction program and will increase the frequency of the auctions in response to the popularity of the program.

    "The chip auction is very exciting program for us because of its broad reach and its access to identified gamers," said Mr. Ashbee.  "Edeal holds one of the largest opt-in gaming databases in the world and is behind the success of some of the world’s leading gaming sites.  Our chip auction will be targeted at millions of enthusiasts of promotions, sweepstakes, and gaming."

    "This promotion for Fairplay Casino is a groundbreaking venture for us," said Mitchell Cone, Director of Business Development at Edeal.  "We have been developing successful auctions for many years now and we are extremely excited about the dynamics of this particular program.  We anticipate great success and we think we can help to establish Fairplay as the leading online casino."

    CasinoChipAuction.com, with a launch date of mid-to-late March, will be developed as an appealing destination with rich content for the gaming audience.

About Tropika International Limited
Involved exclusively with the Internet, Tropika International Limited identifies and develops breakthrough business opportunities that have the potential to be best of class in the e-commerce environment. Tropika applies its resources in IT, finance, and marketing to create and build value in all its operations.

About Edeal Inc.
Edeal is an e-commerce Marketplace Service Provider that enables online businesses to achieve exponential revenue growth by sharing their information, products, or services with other edeal-powered sites. 

For additional information contact:             
Corporate Information
David Prue
Tropika International Limited
Tel: 416-674-1365
www.tropika.com
info@tropika.com

Investor and Shareholder Relations
Robin Sundstrom
Ciris International Inc.
Tel: 416-368-8770
www.cirisint.com
robins@cirisint.com     

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 

Certain statements contained herein constitute forward-looking statements.  Although the
company believes that the statements are reasonable, it can give no assurance that such
expectations will prove to be correct.  The company cautions investors that any forward-looking statements made by the company are not guarantees of future performance, and that the actual results may differ materially from those in theforward-looking statements as a result of various factors.
 


 

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