Venture Catalyst Inc

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International Guild of Hospitality & Restaurant Managers

Venture Catalyst Inc. (OTC BB:VCAT.OB)

591 Camino De La Reina, Suite 418
San Diego, CA 92108

Phone: (858) 385-1000
Fax: (858) 546-9373
Email: ir@vcat.com
Employees (last reported count): 11

Venture Catalyst Inc. (VCAT), formerly Inland Entertainment Corp. and Inland Casino Corp., provides gaming consulting and infrastructure and technology integration services in the California Native American gaming market. The Company offers comprehensive gaming and hospitality consulting services, financial advisory services, public and governmental relations, strategic planning, technology solutions and professional and technical expertise. VCAT acts as a critical resource partner, available to work with clients during every stage of their development and financial growth. It has one client, the Barona Group of Capitan Grande Band of Mission Indians (the Barona Tribe), a federally recognized, sovereign Native American tribe.

VCAT is the successor to a corporation organized in June 1994, Inland Casino Corp. During the year ended June 30, 2000 (fiscal 2000), the Company decided to discontinue its Internet gaming consulting business, liquidate its wholly owned foreign subsidiary, Worldwide Media Holdings, N.V. (WMH) and shut down its Vegas At Home Website. In August 2000, VCAT sold the Internet domain names of Cyberworks Inc. and agreed to cease using the business name. The operations of Cyberworks were subsequently consolidated into the Company. In January 2000, as part of its diversification strategy, VCAT acquired webinc, a corporation whose business plan focused on consulting, incubation and venture capital-related services to start-up and early stage companies focusing on Internet infrastructure and technology. The operations of webinc were consolidated into the Company. In March 2000, VCAT acquired CT Interactive Inc. (CTI), a full-service technology management firm. The operations of CTI were consolidated into the Company.

During the fiscal year ended June 30, 2001 (fiscal 2001), the Company initiated a research and development project focused on creating a fully integrated customer relationship management (CRM) and marketing software product for the gaming and hospitality industry, which it refers to as Mariposa (Mariposa). Mariposa, which VCAT formerly referred to as CRM software, works in conjunction with a casino's existing player tracking and other data systems, transforming raw data into useful, useable information. Mariposa is a fully integrated CRM and marketing software product. It works with a casino's existing player tracking and other data systems to assimilate raw data into useful, usable marketing information. Mariposa enables casinos to cultivate better relationships with their customers by allowing targeted design of marketing programs.

Mariposa consists of a suite of functionally distinct modules, each designed to address a specific set of requirements within the casino and hospitality industry. The modules may be deployed as an integrated solution or individually, depending upon the customer's needs and financial resources. The individual modules that make up the Mariposa system are a data warehouse, player contact system, customer profiling and reporting, campaign management and data visualization. This integrated software suite allows casinos to gain a complete picture of their customers and then develop targeted marketing programs.

In March 2002, a working model of Mariposa was installed at the Barona Casino for purposes of evaluation in a live environment. As a test installation, the modules have been deployed on a limited basis to evaluate the application prior to completing the product that would be suitable for general release. On June 30, 2002, the first version of the finished product (Mariposa Version 1.0) was released, and, subsequently, Versions 1.1 and 1.2 were completed. In September 2002, Mariposa was formally launched to the public. Although the Company has received several serious inquiries from potential clients, as of June 30, 2002, no sales have been made.

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The data included within the Financial section is solely for information and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly advised to obtain professional advice with qualified individuals or corporations for any investments of funds.

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