SOURCE: Bellwether Report

April 12, 2005 14:19 ET

Bellwether Report Begins Aggressive Due-Diligence on FirstBingo.com

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Bellwether Report.

TORONTO -- (MARKET WIRE) -- April 12, 2005 -- The Bellwether Report is the leading online financial newsletter, focusing on small-cap emerging growth opportunities. We strive to introduce investors to truly undervalued opportunities in a time-friendly fashion, allowing for optimal entry points and profitable exit points. Today the BWR team came across FirstBingo.com (OTC BB: FBGO), a small cap company that holds many of the characteristics that we look for when deeming a company undervalued.

FirstBingo.com is currently engaged in the production and customization of an innovative and exciting new corporate marketing and advertising tool. FirstBingo.com specializes in the development and production of multimedia properties, most notably an innovative and exciting Internet/television game show called TriviaBingo™. The company's solution combines the skill-testing question aspect of trivia with the excitement and popularity of bingo. By participating online, players can compete for the opportunity to appear on TV TriviaBingo™, the television version of the game.

The company announced this afternoon, that filming of the TriviaBingo™ game show premiere episode has been completed.

BWR will continue our aggressive research on this small-cap emerging growth company over the ensuing weeks, to see how they will continue their upward momentum.

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The Bellwether Report to date has not been compensated by any of the above-mentioned companies.

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