Gaming Venture Corp. Announces Expected Completion Date of Kuhlman Merger

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Gaming Venture Corp. Announces Expected Completion Date of Kuhlman Merger MINNEAPOLIS, June 2 /PRNewswire-FirstCall/ -- Gaming Venture Corp., U.S.A. (OTC:GVUS) (BULLETIN BOARD: GVUS) announced that they expect to complete the previously announced reverse merger transaction with SK(2), Inc., a Delaware Corporation and parent company of Kuhlman retail stores ("Kuhlman") on or about June 9, 2005. Kuhlman is a specialty retailer and wholesale provider of exclusively designed, distinctive, high quality apparel. As previously disclosed, the transaction is designed as a reverse merger with Kuhlman to be the surviving corporation and an operating subsidiary of Gaming Venture Corp., U.S.A. Under the agreement, a wholly-owned subsidiary of Gaming Venture Corp., U.S.A. will merge with and into Kuhlman. As a result of the merger and in exchange for cancellation of their shares, Kuhlman shareholders will receive shares of Gaming Venture Corp., U.S.A. On or about June 9th, Gaming Venture Corp., U.S.A. will effectuate a 1-for-5 reverse split and change the name of the company to Kuhlman Company, Inc. On completion of the transaction, the board of directors of the new Kuhlman Company, Inc. will be: Scott Kuhlman, Jon Sabes, David Ferris, Chris Larson and Daniel Rindos. Scott Kuhlman is CEO and founder of SK(2) and will be CEO of Kuhlman Company, Inc. Jon Sabes is CEO of Opportunity Finance, LLC, a specialty finance company and has also been a consultant or executive with Jon Adams Financial Co., LLP, Ernst & Young LLP, Gaming Corporation of America and Jefferies & Company, Inc. David Ferris is currently Assistant Vice President of Cargill, Inc. where he advises the board of directors and management on corporate performance and executive compensation issues and is responsible for Cargill's compensation and benefit programs worldwide. Prior to joining Cargill, he was a national practice leader with AON Consulting Group. Chris Larson is Co-founder, Chief Operating Officer and a director of Cash Systems, Inc., a provider of cash access solutions for the gaming industry. He was previously Chief Financial Officer of Cash Systems prior to his promotion. Daniel Rindos is a current board member of Gaming Venture Corp., U.S.A. and is Vice President of Roy Publishing Group, a company that publishes multiple weekly newsstand products in the Northeast as well as several of the top online classified web sites in the U.S. Kuhlman is a specialty retailer and wholesale provider of both men's and women's apparel, offered under the Kuhlman brand through company-owned retail stores and under private labels through other large retailers. Kuhlman opened its first retail store in July 2003 and now operates thirty (30) retail stores in 16 states, competing in the "better-priced" market, with most stores located in upscale malls. The majority of Kuhlman's stores are for men but the company recently developed a woman's specialty boutique format, opening two stores in late 2004. The strategy of Kuhlman is to develop a nationally recognized brand by strategically opening its apparel stores in upscale shopping malls, upscale street locations, high-traffic transportation hubs and open air lifestyle centers. Kuhlman also provides product design and contract manufacturing for department store retailers seeking to augment their in-house design and sourcing expertise. Kuhlman has approximately 150 employees and its corporate office is located in Minneapolis, MN. Additional information regarding Kuhlman and its apparel, and store locations can be found at http://www.kuhlmancompany.com/ . This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving Gaming Venture Corp., U.S.A., and Kuhlman, including future financial and operating results, the combined company's plans, objectives, expectations and intentions and other statements that are not in the nature of historical facts, including Kuhlman's ability to continue expansion. Such forward-looking statements are based upon the current beliefs and expectations of the management of Gaming Venture Corp., U.S.A., and are subject to significant risks and uncertainties that could cause actual results to differ materially from those projected. These include the failure of the conditions to the merger, as set forth in the related merger agreement, to be met in a timely fashion (if at all), changes in market conditions, and changes in the competitive landscape in the industry in which Kuhlman operates. Any information which is not historical in nature constitutes a forward-looking statement and speaks only as of the date of this press release. Gaming Venture Corp., U.S.A. undertakes no obligation to update investors of changes in forward-looking statements or the risks and uncertainties in relation thereto as more definitive information may become available. DATASOURCE: Gaming Venture Corp., U.S.A. CONTACT: Alan R. Woinski of Gaming Venture Corp., U.S.A., +1-201-599-8484 Web site: http://www.kuhlmancompany.com/

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GVUS Goldman Sachs Marketbeta Russell 1000 Value Equity ETF