Message #33 From:
NewsBot Date: December 5, 2006 07:01:00 AM
CYOS News CYOP Systems Re-Affirms Poker Licensing Relationship with Keno.com
LONDON--(BUSINESS WIRE)--CYOP Systems International Inc. (OTCBB:CYOS),
a provider of online casino software, is pleased to re-affirm that it
will be providing Keno.com Ltd. (Costa Rica) with its RedFeltPoker.com
software through a revenue share agreement.
Keno.com (http://keno.com) is now a Costa
Rican based private company, and is setting up its new website for a
launch in December. CYOP will remain the poker software provider and
will work closely with the new Keno.com Ltd. (Costa Rica) and will also
provide them with marketing advice and advertising expertise.
Furthermore, CYOP will provide Keno.com with its poker affiliate
software. Affiliates are existing qualified online web operators who
receive a percentage of the revenues in return for advertising.
Keno.com is a high value site with excellent search engine rankings and
gets over 90% of its traffic directly from the typing of the URL. The
new Keno.com Ltd. has committed to promotion through a number of
vehicles including over 2000 websites on its new advertising network.
Patrick Smyth, CEO of CYOP, commented, “We are
excited that Keno.com will continue to use our poker software. They have
a database of players that should provide it with a jumpstart that is
quite uncommon for new sites in the industry. The key to success in the
aggregation of players within an online gaming network is identifying
and offering multiple channels to customers who will participate in
multiple methodologies of connecting to the network. CYOP is
establishing its platform as the most progressive channel offering, and
will be granting customers access to the network through a number of
sophisticated entry points.”
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.
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.
