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About the Company Global ePoint, Inc. (the �Company� or �we�) is in the process of a major
transition. We are undergoing a series of transactions intended to transform the
Company and to strategically move forward with new market opportunities that can
better enhance shareholder value. The Company had been primarily engaged in the
lottery industry for approximately 10 years and was one of the largest providers
in the world of vending machines for the sale of instant-winner lottery tickets.
In 2000, the Company began the process of selling its lottery business in order
to acquire the cash necessary to transition the Company into other business
activities that could provide more diversified and larger market opportunities.
On June 1, 2001, the Company completed the sale of its lottery business to
Interlott Technologies, Inc. Under the agreement with Interlott, the Company
sold all of the assets used in its existing lottery business, relating to the
manufacture, sale, lease and service of instant lottery ticket vending machines.
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