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------------------------------- October 19, 2005 - 11:01 AM EDT ------------------------------- Diamond I to Launch Business Development Efforts for WifiCasino GS(TM) in South Korea and Station Casinos 3Q Profit Up 34 Percent Diamond I, Inc. (OTCBB: DMOI), a developer of wireless gaming products, today announced that it has begun its sales and marketing efforts in South Korea and other nearby Pacific Rim countries. To spearhead its efforts in the region, Diamond I has secured the services of Mr. Ted Hahn, a long-time international marketing specialist.
------------------------------- October 19, 2005 - 11:01 AM EDT ------------------------------- Diamond I to Launch Business Development Efforts for WifiCasino GS(TM) in South Korea Diamond I, Inc. (OTCBB: DMOI), a developer of wireless gaming products, today announced that it has begun its sales and marketing efforts in South Korea and other nearby Pacific Rim countries. To spearhead its efforts in the region, Diamond I has secured the services of Mr. Ted Hahn, a long-time international marketing specialist.
In his career, Mr. Hahn has specialized in overseas business development and successfully assisted many companies in introducing their products to the international market, with an emphasis in the areas of information technology, consumer electronics, entertainment, broadcast technology and media and content development. Mr. Hahn has represented Korean and other Asian companies, as well as U.S. companies. Mr. Hahn holds a B.A. degree from Hong-Ik University in Seoul, Korea, and an M.B.A. degree from the University of Southern California.
Diamond I Technologies' Chief Technology Officer, Mike Prasad, stated, "Two key factors make South Korea an ideal market for our WifiCasino GS gaming technologies. First, South Korea is the world leader in internet connectivity, containing 30% of the world's WiFi hotspots. Second, according to PricewaterhouseCoopers, the regional Asia Pacific casino market is growing rapidly -- from $8.8 billion today to $18.5 billion by 2009. This is the kind of growth that fosters the rapid introduction of new technology. It's the perfect environment for our innovation to thrive."
"Our innovative WifiCasino GS products deserve energetic representation, and we believe Mr. Hahn will provide just that," said David Loflin, Diamond I's president. "We are excited to have him on our team and look forward to our future work together."
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