Press Release
December 29, 2000
HOUSTON, TX -- LASV Enterprises Inc. (OTCBB:LSVE), announces final negotiations are concluded to acquire 100% of
the common shares of Alliance Financial Group, a company concerned in the installation and operation of Automated
Teller Machines throughout Europe.
Alliance Financial Group has successfully negotiated Agreements with multiple Banks and Operators located in Europe
to expediently Install and Operate the Terminals in a variety of predetermined high traffic locations and to continually
Monitor their use; together with scheduled and unscheduled analysis of transaction levels generated at individual
terminals and cash available. The Company attains a fee for every transaction generated at each individual Terminal.
Alliance Financial Group has directly secured Agreements with two of the largest, United States, Automated Teller
Machines, Manufacturers to provide the terminals, the service and warranty throughout Europe.
LASV has received final approval of $10 million for start up capital from a United States Funding Group, headed
by Texas Capital Financial Network, L.L.C.. Repayment of this loan is scheduled over a seven year period for this
Venture.
In a separate venture, final negotiations are underway for LASV Enterprises, Inc. to acquire 100% of the Patented
SmartCard Technology for integration within the Automated Teller Machines. Upon completion of this phase, the operation
will be initiated by Finger Printing or Eye Laser recognition. The technology is currently operated by a Company
located in Europe, and in negotiations with an International Company, to Exclusively utilize this Technology in
its Worldwide Locations. It is projected that approximately 50,000 Automated Teller Machines with the SmartCard
Technology will be installed and operated throughout the Worldwide Locations.
LASV Enterprises, Inc. continues to make acquisitions to enhance shareholder value and grow this company at a rapid
rate.
Safe Harbor Statement
Under the Private Securities Litigation Reform Act of 1995: Statements in this press release that are not historical
facts, including statements about plans and expectations regarding businesses and opportunities, demand and acceptance
of new and existing businesses, capital resources, and future financial condition and results are forward-looking.
Forward-looking statements involve risks and uncertainties, which may cause actual results in future periods to
differ materially and adversely from those expressed. These uncertainties and risks include changing consumer preferences,
lack of success of new businesses, loss of customers, competition, and other factors discussed from time to time
in filings with the Securities and Exchange Commission.
--------------------------------------------
Contact:
LASV Enterprises, Inc.
Robert Abbott, 877/361-3628