CYOP Systems Launches First Licensee at Keno.com.Company Expects to Drive Corporate Revenues from Tier One 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. Partnership LONDON -- Red Felt Software Ltd., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CYOP CYOP Create Your Own Path Systems International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYOS CYOS Create Your Own Story ), a provider of online casino software and operator of games portals, is pleased to announce that its first licensee has launched at www.keno.com In accordance with the agreements, Red Felt provides Keno.com with its software including a number of games, site integration, processing and customer support. Games include Blackjack blackjack, one of the world's most widely played gambling card games; also known as twenty-one or vingt-et-un. Despite contesting claims between the French and Italians, its origins are unknown. , American Roulette, Video Poker, Classic Slots, Craps and 35 other games. Red Felt derives a percentage of the net revenues earned at Keno.com, while Keno.com is responsible for marketing the licensed website and for driving traffic that may be converted into cash play. The Company anticipates that earnings will begin immediately given the nature of the URL "Keno.com" and its associated web traffic. Keno.com Ltd. (UK) is the wholly owned subsidiary of Gaming Transactions Inc. (Pink Sheets:GGTS GGTS Gravity Gradient Test Satellite GGTS Global Grid Telemedicine System ), an emerging provider of iGaming portal management. The Company's central licensed games portal, www.keno.com, is a destination online gambling property where players may participate in a number of gambling and online gaming fixtures. CYOP Systems International Inc. is also a major shareholder of Gaming Transactions Inc., and holds 25 million shares of GGTS in its treasury. About CYOP CYOP is a developer and provider of online gaming solutions and services for the IGaming industry. The Company's range of products and services include financial transaction platforms for on-line casinos, online gaming software, gaming websites, poker portals and integrated e-commerce transaction technology for on-line merchants. For more information please visit www.cyopgaming.com This press release may contain forward-looking statements which are pursuant to the safe harbor 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. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming, risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition.. Play Games. Win Games. Make Money.[TM] |
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