Message #25 From:
NewsBot Date: August 3, 2006 06:30:00 AM
CYOS News CYOP Systems Launches Online Casino for Cash Play
LONDON--(BUSINESS WIRE)--Aug. 3, 2006--RedFelt Software Ltd. (UK), a wholly owned subsidiary of CYOP Systems International Inc. (OTCBB:CYOS), a provider of online casino software and operator of games portals, is pleased to announce that its sites www.redfelt.com and www.redfeltcasino.com are open for cash play.
Games include Blackjack, American Roulette, Video Poker, Classic Slots, Craps and 35 other games. The software is offered in an Instant Play/No download Flash version meaning customers may play within 60 seconds from entering the site.
RedFelt.com is being marketed in English, with plans to roll out versions in Japanese, Spanish, French, Dutch, German, Italian, Korean, Russian, Traditional Chinese and Simplified Chinese.
The Company is also licensing its gaming software to third parties and selling Full Turnkey Licenses, White Label Solutions and Affiliate Programs. More information may be found at www.redfeltsoftware.com.
Mitch White, CEO of CYOP, remarked, "We are excited to be taking deposits at our casino and will be increasing our payment options over the coming weeks. We are committed to having the safest, most secure casino site online, using the latest software to run the games professionally and assuring that our games uphold the highest standards of integrity and fair play."
According to GamingPublic.com, IGaming is the fastest growing industry on the Internet. Global revenues will reach USD$15 billion in 2006, up from USD$ 10 billion in 2005 and USD$ 7.0 billion in 2004.
About CYOP
CYOP is a developer and provider of ecommerce transactional 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.
This press release may contain forward-looking statements which are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 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.
