Cyop Systems Announces Partnership With SMS@ctive Technologies; SKILL Games to be Marketed to Growing Wireless Market.Business Editors/High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 11, 2002 CYOP CYOP Create Your Own Path Systems International Inc. (Nasdaq OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CYOI CYOI CYOP Systems International Inc (stock symbol) .OB), the leading provider of online Games and Tournaments of Skill, is pleased to announce that it has reached an agreement with SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. @ctive Technologies Inc. (Nasdaq OTC:SMSE SMSE Small and Medium-Scale Enterprises SMSE Short Message Service Engine SMSE Super Multiple Simulation Exercise SMSE Spherical Mean Square Error SMSE Standardized Mean Squared Error ), whereby CYOP's Pay for Play software will be licensed on a revenue share basis. In accordance with the agreements, CYOP will provide SMS@ctive with its software including a number of games, a backend financial processing system, Easy-Brand(tm) site integration, and customer support. SMS@ctive plans to market the games to its subscribers by fully integrating the CrediPlay software into their corporate website's homepage, exposing it to all viewers (subscribers or non-subscribers) that come to their site. Over 70% of mobile phone users now use their handsets for text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length. and the number of text messages sent worldwide has grown from 2-billion messages per month to more than 16-billion worldwide. Both companies intend to leverage this growing market segment to drive revenues and offer users alternate means of entertainment. Patrick Smyth, President of CYOP, commented that, "This partnership hails to a new era of marketing to the Wireless Consumer. Short message service, or SMS as commonly known, has taken the market by storm in Europe. It has become more than a fad and is now a way of life. Now North America is braced to accept this new form of communication, and we are excited to have a leader in the field, SMS@ctive, as our partner. Ultimately, CYOP intends to increase its 'mobile marketing', and while games have been provided as a value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. service so far, there is a move towards gearing up both subscription and pay for play skill based wireless applications." About CYOP CYOP is a developer and provider of online skill-gaming solutions and services for the online entertainment and gaming industries. CrediPlay, (www.crediplay.com) a proprietary application, is an online transaction platform that is based on charging a Network Maintenance Fee ("NMF NMF An abbreviation for "no meaningful figure". You'll often see this when comparing financial data among companies where a certain ratio or figure isn't applicable. Notes: For example, if company has negative earnings, it cannot have a P/E ratio. ") for each game of skill played over the Internet, including Puzzle/Board/Trivia/Learning games, Action Games, Strategy, Driving/Racing and Adventure/Role Play games. SkillArcade.com, www.skillarcade.com, CYOP's central games portal, is an online games destination where people play popular skill-based games against other players and compete in tournaments to win real money prizes. For more information please visit www.cyopsystems.com. About SMS@ctive SMS@ctive Technologies Corp. is a content provider that provides text messaging and value-added services to mobile phone subscribers. SMS@ctive has spent the early part of its organizational existence building and developing a powerful and dynamic platform based on current SMS, WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. , and other emerging wireless protocols. SMS@ctive focuses on developing innovative applications, using wireless technology, to fuel consumer demand. The Company intends to utilize existing and new wireless network infrastructures along with innovative marketing strategies to increase consumer awareness ultimately enhancing customer utilization of real-time information. For more information please visit www.smsactive.com. This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934 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 technological and operational challenges, need for additional capital, changes in consumer preferences and developments affecting the Internet. |
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