CYOP Launches Italian Games Site At Skillwin.com; Online Video Games to Be Licensed to Italian Portals as Part of European Expansion Plans.BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. -- CYOP CYOP Create Your Own Path Systems International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYOS CYOS Create Your Own Story ), a leading provider of online video games See video game console. and tournaments of skill, is pleased to announce that it has launched an Italian version of its gaming property at www.skillwin.com. Doubleworld srl, a Milan based marketing company specializing in online gaming was responsible for the localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. of the software and will to market the new web to the Italian market. Doubleworld srl will also promote and license the Italian version of CYOP's licensed CrediPlay software to third parties including large vertical portals and existing European internet gaming locations. In 2002 the European online gaming market consisted of 1.6 million participants representing a market approximately 64 percent of the size of the U.S. online gaming market. However, by 2005 the European market will match 80 percent of the expanded U.S. market. In real player terms, Europe will grow to 3.3 million online gamers in 2005 from 1.6 million online gamers in 2002. This impressive 106 percent market growth surpasses U.S. predicted market growth by 42 percent. While the U.S. market still represents solid growth over the next few years, it exhibits traits of market maturity that the European market does not. So as the U.S. hyper growth period for online gaming wanes, it is the European market that will represent the next frontier. Mitch White, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CYOP, noted, "CYOP's intention is to develop more business in Europe; a growing section of the Internet world that now has over 200 million online, representing only 28% of the total European population. Given that North America has 66% of its total population online, the Company believes that there exists an enormous possibility for expansion into Europe. And given the willingness of the Italian demographic to play games and the understanding of online entertainment in this region, we expect that CYOP's offerings will become household favorites." About CYOP CYOP is a developer and provider of online skill-games and services for the online entertainment and gaming industries. CrediPlay, CYOP's licensed application, is an online transaction platform that is based on charging a fee for each game of skill played over the Internet. CYOP's central games portal, www.skillarcade.com, features virtual sports games, puzzles, card games, action games, strategy, driving, racing and adventure games where people play popular skill games against other players and compete in tournaments to win real money prizes. For more information please visit www.cyopsystems.com. This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act of 1934 and the provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and is subject to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. Actual results may differ materially due to a number of risks, including, but not limited to, technological and operational challenges, needs for additional capital, changes in consumer preferences, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on software providers, URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. providers, risks relating to international operations, and risks associated with competition. This document is not intended to be and is not an advertisement for any securities of the company. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion